No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£80,000
Added < 7 days

Pub for sale

Station Road, New Milton, Hampshire. BH25 6JX
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Pub
0 bed
0 bath

Property description & features

  • Profitable Sports Bar investment
  • Located in the heart of New Milton town centre
  • Retirement by the current owners
  • New 10 Year Lease can be offered
  • Fixtures and fittings are included in the sale
  • Accounts are available for inspection
  • Well run bar and leisure area with bar snack facilities
  • Parking for two cars to rear
  • Air conditioned accommodation
  • New Electrical Certificate
Offered for sale pending Retirement by the current owners of the business is this profitable Sports Bar investment. Occupying a high footfall trading area in the heart of New Milton town centre and providing a well run bar and leisure area with bar snack facilities, this is a great opportunity for someone looking to diversify their income and run their own Licensed business. The premises is subject to a new 10 Years Lease (details to be provided) allowing the new owner of the business to really establish themselves and continue in the good work of the current owners. All fixtures and fittings are included in the sale and the Accounts are available for inspection if required.

Rooms

ENTRANCE
Ground floor Entrance with steps rising up to the first floor, fire door then leads into the main trading area.

MAIN TRADING AREA 20.34m x 14.38m (66' 9" x 47' 2")
Windows to the front and rear with sound insulation for hosting live events. Provision for wall hung televisions, two dart boards fitted as well as three pool tables, host of high end low level seating including settees and tables. Selection of bar stools. Narrowest part where the bar protrudes the measurement comes down to 9.83metres. In the bar area there is a selection of fridge units, optics, shelving with LED back-lit displays, series of pumps. Currently using Coors as suppliers so there is a host of lagers and Guinness also bar storage area to the rear.

KITCHEN 3.68m x 2.32m (12' 1" x 7' 7")
Range of base and wall mounted cupboard and drawer units, laminate work top surface over. Counter top dishwasher, stainless steel sink unit with mixer tap over and drainer adjacent. Fan assisted oven and extractor fan above. Numerous double power points and shelving. Commercial dishwasher at the end with set of twin stainless steel sink units, mixer taps over and drainer adjacent. Corner mounted wash hand basin and space for under counter utilities and storage area behind which measures 3.87 x 1.38. Covered window to side and power and lighting, space for a good size chest freezer. In the kitchen lighting circuit and high level consumer unit. At the rear is the Fire Escape which also leads down to the cellar where there are cloakrooms.

CLOAKROOM
Gents is fitted with two urinals and then a low level flush WC, wash hand basin and UPVC double glazed window to the rear, wall mounted hand dryer. Ladies is fitted with two cubicles, inset wash hand basin, cupboard beneath and opaque double glazed window to rear, fully tiled walls and flooring. Fire escape down to the cellar area which leads to the outside. Two allocated parking spaces.

BASEMENT 3.65m x 2.39m (12' 0" x 7' 10")
There is a further little recess of the main cellar measuring 1.87m x 1.02m

LICENCE
LICENCES/PERMISSSIONS - We are informed that the property holds a Premises Licence granted by New Forest District Council. The Licensing Act 2003 states that properties serving alcohol have a designated premises supervisor who must hold a Personal Licence. We suggest that all purchasers take appropriate professional advice. We have not had sight of this licensing documentation.

TRADE
Currently trading circa £5,858 per week based on 2023 figures. The owners inform us that the business trades as a Sunday to Thursday (11am to 11pm) and on Friday and Saturdays 11am to 1:00am.

LEGAL FEES INVOLVED
The incoming tenant will be responsible for their own legal fees.

BUSINESS RATES
The current owners of the business benefit from small business rate relief and currently do not pay business rates for this reason. Zoning is used to apply the price per square metre to the property and get the rateable value. Each zone covers the width of the shop and has a depth of 6.1 metres. Zone A starts at the shop window. As you move further into the shop, each zone is half the value of the one before it. Spaces like store rooms or upstairs offices are valued but not as a zone. Features such as air conditioning and lifts may be shown separately in the valuation.

TENURE
A new lease with terms to be negotiated by the new incoming tenant which will be put forward to the freeholders. Rent currently £12,000 per annum which will increase slightly when new lease terms are negotiated.

DIRECTIONAL NOTE
From our Office in Old Milton Road turn left at the traffic lights into Station Road and proceed along the road and shortly you will come to The Central Bar.

PLEASE NOTE
All measurements quoted are approximate and for general guidance only. The fixtures, fittings, services and appliances have not been tested and therefore, no guarantee can be given that they are in working order. Photographs have been produced for general information and it cannot be inferred that any item shown is included with the property.

Property information from this agent

Places of interest

    Formed in 2000 Ross Nicholas and Company is a wholly owned private practice, owned by Ross Nicholas Wilkins who is based at our successful New Milton Office catering for all aspects in estate agency.  In 2006 Ross Nicholas and Company acquired Murray and Morris which had an established central trading position in the village of Highcliffe for over 35 years which was refurbished and rebranded and computer linked to our New Milton Office.  The office is now run by George Gosling who has extensive experience and local knowledge backed by an excellent team of four.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.