Priory Road, Southampton, Hampshire, SO17 2JZ
Thriving community public house offering quality food and a wide selection of drinks with an emphasis on cask ales.
The Junction Inn is a well known public house located in the heart of St Denys, Southampton. This well established business benefits form a wide customer base made up from local residents, cask ale enthusiasts, commuters from the nearby train station, visitors to the area and supporters of Southampton Football Club. The house offers good value quality food complimented by a wide selections of drinks with specific emphasis on cask ales. The internal trade area is in good decorative order and is enhanced by an extensive beer garden, covered smoking solution and patio area.
One extensive bar wraps around the trading area which offers pub games, general drinking and casual / informal dining. The pub is in good decorative condition and is supported by a large ground floor cellar and an adequate commercial kitchen located directly behind the bar.
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)|
The Junction Inn is located in St Denys, Southampton. The site is circa 5 minutes drive from Southampton town centre and 10 minutes from the docks and cruise terminals. The pubs position gives it excellent links to both rail (train station 5 minutes walk), road (M25 & M3 10 minutes drive) and sea (access to the Isle of Wight, channel crossings and cruise terminals). There are local amenities near by including shops and schools