Priory Road, Southampton, Hampshire, SO17 2JZ
This thriving community Pub seeks an enthusiastic new operator.
The Junction Inn is a popular and well-known Pub located in a large residential area, at the heart of St Denys, Southampton. This well-established business is famous for its quality cask ale offer and benefits from regular trade from local residents, cask ale enthusiasts, commuters from the close by railway station and supporters of Southampton Football Club, as St Marys stadium is just a short walk away.
Alongside the excellent beer, the site offers quality value food and a good selection of drinks. Internally, the trading space is in good decorative order and is enhanced by a large beer garden, sheltered smoking space and patio area.
There is one extensive bar, which wraps around the trading space. The bar area offers traditional pubs games, informal/casual dining and general drinking space. Behind the bar is an adequate commercial Kitchen and the bar is supported by a large ground floor cellar. Generally, the site is in good decorative condition.
The private living accommodation is in good order and offers a lounge, domestic kitchen, bathroom, separate toilet, 2 double bedrooms and an office.
|Annual rent||£34,000 per annum|
|Weekly rent||£653.85 per week fixed|
£34,000.00 per annum, £653.85 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit subject to credit check.
Entry Costs approx £30,800.00 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). *The fixtures & fittings have been estimated at this moment in time and are awaiting formal & professional valuation.*
|Fixtures & fittings||£17,000||Working capital||£5,000|
|Other costs||£1,150||Total entry cost||£30,800|
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)|
St Denys is located in eastern Southampton next to the River Itchen. The Junction Inn is approximately a five minute drive from the City centre and ten minutes from the docks and cruise terminals. St Denys railway station and St Marys stadium are both within walking distance of this Pub. The location also offers excellent access to road links (the M3 is approximately a ten minute drive away) and nearby schools and shops.
Current premises licence opening hours
Sunday - Thursday - 11:00hrs - 23:20hrs Friday - Saturday - 11:00hrs - 00:20hrs
Business Development Manager
Call the Recruitment team on 01284 714 497Apply online
“ I am looking for an enthusiastic operator who has a passion for cask ale and quality value food. The Junction Inn is a fine example of a traditional tavern and is very popular with the local community. This site is situated in an advantageous position, being close to numerous houses, St Denys railway station and St Marys stadium. If you are looking to be at the heart of the local community, I urge you to consider the Junction Inn. ”