Community Pub

Barleycorn Inn

Lower Basingwell Street, Bishops Waltham, Southampton, Hampshire, SO32 1AJ

Gallery

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Pub overview

A thriving public house which offers a ready made business and a fantastic opportunity for a new operator.

The Barleycorn is a very popular and busy public house located in the heart of Bishops Waltham. This business benefits from a very strong local community customer base supported by visitors and regular customers from the surrounding areas. The pub offers a great selection of drinks and is famous for its annual Gin Festival. Food is 'home cooked' and very good value. This is a two bar operation with a public / locals bar and lounge bar set up for both casual drinking and dining. There is a designated covered smoking area, large patio, extensive commercial garden and great car parking facilities

This is a two bar pub with a locals / public bar and a louge / dining area. The trade areas are in very good decorative order and the quirky appearance adds to an inviting and friendly feel and atmosphere. There are two sets of toilets that support each bar and an adequate commercial catering kitchen. Exceptional external trading space is complimented by a huge car park. There are detached outbuildings that house the cellar and additional storage facilities

Trade space
Bars 2
Car park spaces 30
Child play areas 1
Dining rooms 1
Food covers50
Gardens 1
Trade kitchens 1
Patio areas 2

The private accomodation is in good decorative order. It is currently used in conjuction with providing a large office and packaged drinks storage facility for the business plus a seperate food storage area that can be used for food preparation. This space can be reconfigured to suit

Private space
Private Rooms5
Lounge1
Double bedrooms1
Bathrooms1
Toilets1
Office1

Rent information

Annual rent£55,000 per annum
Weekly rent£1,057.69 per week fixed
Notes

£55,000 per annum, £1,057.69 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £41,435 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).

Brokers£750Legal£825
Deposit£13,750Stocktaking fees£150
Fixtures & fittings£20,000Working capital£5,000
Other costs£960Total entry cost£41,435

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

Calculators to help you are available on the business planning section of our website.

Trading volumes

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2018/195222455
2017/185327438
2016/1752238490
Volume notesPlease note this site is currently free of tie for wines and spirits

Location

Bishops Waltham is a suburb of Southampton and located circa 10 minutes drive from the M27 and 15 minutes from the M3. Southampton, Portsmouth and Winchester city centres are all only 30 minutes from the Barley Corn. There are local train stations at Botley and Fareham and numerous local amenities nearby including shops and schools

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Facilities

Trade bar
Car park
Play area
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Mon-Sat: 11:00-00:30 Sun: 11:00-23:00

Contact Us

Rob Ayling

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ The Barleycorn is a phenomenally successful business that offers new operators a fantastic opportunity. I am looking for an excellent operator who can maintain the great trade and engage with the local community. If you have the skills required, please contact the recruitment team for more information ”