Crown & Anchor

168 High Street, Winchester, Hampshire, SO23 9BA

Gallery

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Pub overview

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.

Trade space
Bars 1
Dining rooms 1
Food covers 56
Trade kitchens 1
Patio areas 1

This pub comes with well-proportioned accommodation that is serviceable but could probably do with an update.

Private space
Private Rooms 8
Lounge 1
Double bedrooms 3
Private Kitchen 1
Bathrooms 1
Toilets 1
Office 1

Rent information

Annual rent £45,000 per annum
Weekly rent £865.38 per week fixed
Notes

£45,000 per annum, £865.38 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 £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).

Brokers £675 Legal £825
Deposit £11,250 Stocktaking fees £150
Fixtures & fittings £15,000 Working capital £7,500
Other costs £350 Total entry cost £35,750

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

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2017/18 202 2,062 5,697
2016/17 217 1,904 5,210
2015/16 222 1,420 4,407
Volume notes

Location

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.

Facilities

Trade bar
Dining area
Trade kitchen
Trade patio

Current premises licence opening hours

Monday - Sunday - 08:00hrs - 00:30hrs

Contact Us

Rob Ayling

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ The Crown & Anchor is a classic traditional English public house located on the High Street directly opposite the Guildhall within the historical city of Winchester. This business caters for locals, shoppers and tourists alike and offers an extensive drinks range, full 'pub fayre' menu, sports viewing and pub games. There is truly something for everyone at the Crown & Anchor ”