Bucks Head Hill, Meonstoke, Southampton, Hampshire, SO32 3NA
Fantastic opportunity for new operators to progress and expand an extremely successful business that offers quality food & drinks plus letting accommodation
The Bucks Head is a fine example of a traditional rural village public house located in an idyllic riverside setting. New operators will benefit from a business already established at the heart of the local community with a quality food and drinks offering supported by five en-suite letting rooms. There is adequate car parking and three designated external trading areas
One main bar with circa 55 covers for diners. Toilets are located at both ends of the bar (one set of toilets not currently used to maximise trading covers). There is an extensive commercial kitchen and ground floor cellar located behind the bar area. Externally there are drinking and dining facilities in front of the house as well as two walled gardens either side, one of which is located next to a river. A car park for circa 15-20 cars is located across the road from the house. The business also benefits from 5 en-suite letting rooms which are extremely popular all year round but peak from April through until September
|Car park spaces||15|
|Rooms to let||5|
The living accommodation at the house is in a very good condition and consists of a spacious lounge, kitchen preparation area, dining area, 3 bedrooms, a bathroom, a toilet and an office.
|Annual rent||£45,000 per annum|
|Weekly rent||£865.38 per week fixed|
£45,000 per annum, £865.38 per week fixed and subject to annual RPI increase (tracker capped at a maximum of 4.75%) on anniversary of agreement. Paid weekly by direct debit.
Approx £46,700.00 which includes fixtures and fittings, brokers and stocktaking fees, training fees, working capital and a security deposit amounting to 25% of head rent *Fixtures & Fittings have been estimated at this time.*
|Fixtures & fittings||£28,000||Working capital||£5,000|
|Other costs||£800||Total entry cost||£46,700|
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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
The Bucks Head is located on the A32 between Fareham & Alton, near to the towns of Droxford & Bishops Waltham. Walkers are in touching distance of Old Winchester Hill, the disused Watercress Railway Line and the South Downs Way. Although the pub is located in the heart of the Hampshire countryside, it benefits from excellent road and rail links with all local amenities situated nearby (the local school has one of the best Ofsted ratings in the country).