Crown & Anchor
168 High Street, Winchester, Hampshire, SO23 9BA
This is a fantastic city centre historic pub opportunity located in the cultural city of Winchester. The Crown & Anchor is an established business with scope for further improvement and expansion.
The Crown & Anchor is a traditional English Tavern located in an extremely desirable trading area. It currently enjoys a very healthy drinks and food trade that could be further improved and exploited by the right operator. Its location ensures the business is frequented by local residents, shoppers and tourists, especially those that are dropped off from coaches almost outside the venue.
The pub has a strong relationship with The Winchester Morris Men who provide an exciting spectacle when they visit the pub. It also serves freshly home-cooked food and has plenty of space to seat customers.
An enthusiastic operator could, with imagination, turn this into a ‘must-visit’ location to help it stand out in such a busy area.
Well appointed one bar public house with ground floor toilets, commercial kitchen and cellar. There is also a small and secluded patio area at the back of the house. The internal trading space is in good condition and consumers will enjoy the zoned areas for formal & casual dining, sports viewing, playing pub games or just enjoying a drink.
This pub comes with well-proportioned accommodation that is serviceable but could probably do with an update.
|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, which is capped. Paid weekly by direct debit.
Entry costs approx £35,750 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).
|Fixtures & fittings||£15,000||Working capital||£7,500|
|Other costs||£350||Total entry cost||£35,750|
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)|
Winchester is one of the most famous cities in England and the ancient cathedral draws in tourists and coach parties in their droves. The venue is situated on the High Street in Winchester opposite the Guildhall and within the main shopping area of the city. This is a very popular and well known part of Winchester that is frequented 7 days a week by locals, shoppers and many tourists from other parts of the UK and further afield. Its city centre location means that it is near all major amenities with a bus terminal almost next door, making it a perfect meeting point for the city, with also major road and rail links only minutes away.