Licensed Bar & Restaurant For Sale

Business description

We are pleased to offer for sale this long established bar in a sought after location. There are many benefits including a consecutive trading history, details of which can be made available to interested parties. It is also a freehouse and is considered a 'safe pub' by football regulars coming to St Mary's Stadium.

We have not had sight of the license but undertstand that it allows 150 people and there are various areas which can be used to develop the business further. There are no residents above the property and therefore there is the opportunity to extend the licensing hours which are currently 10.00am – 1.00am Thursday – Saturday and 10.00am – Mid-night Monday to Wednesday. This is of course subject to the license being reviewed.

Property information

Lease terms:

We understand the property is available to let on the remainder of a 21 year lease expiring March 2030. The rent is charged at £33,250 p.a. based on an monthly charge of £2,770.83.

Location:

Located to the ground floor of the office and retail development in Shamrock Quay. Shamrock Quay is one of the main marinas in Southampton, taking its name from the famous 'J' Class yacht Shamrock V. It comprises 255 berths and has the facility to refit with many specialist traders on the site amidst the retail element and offices.

There is a continental restaurant/café and chandlery plus other shops.

Other information

Reasons for selling:

Retirement