Junction Inn

Priory Road, Southampton, Hampshire, SO17 2JZ

THIS GREAT 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.

Location

Business Information

Annual rent

£10,000

Weekly rent

£192

Entry costs

£10,400

Turnover royalty

n/a

Forecasted Operator Turnover

£231,865

Forecasted Operator Profit (inc machine profit)

£16,569

Forecasted Operator Machine Profit

£1,500

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Average Beer & Cider Discount*

£144

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

Entry costs approximately £10,400.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is £6000.

Deposit

£6,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£2,000

Other Costs

£1,150

Total Entry Costs

£10,400

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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 112 810 2,627
2018/19 164 1,400 4,252
2017/18 171 1,608 4,637

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.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

35

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

0

Current Premises License Opening Hours

Sun-Thu: 11:00 - 23:20
Fri- Sat: 11:00 - 00:20

The private living accommodation is in good order and offers a lounge, domestic kitchen, bathroom, separate toilet, 2 double bedrooms and an office.

Private Rooms

7

Lounge

Yes

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

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.

Rob Ayling, Business Development Manager

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