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White Horse, Ringwood Road, Netley Marsh, Southampton, Hampshire SO40 7GX

£10,500

Business rates & charges may apply

Sprosen Ltd, Weston-Super-Mare
SIZE

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SECTOR

Pub for sale

Key features

  • Well presented public house on edge of the New Forest
  • With annual turnover circa £350,000 (unwarranted) but scope to improve
  • 70% of sales is wet so opportunity for increased food sales
  • On outskirts of Southampton in quality residential district
  • Open-plan bar and restaurant seats around 65
  • Outside seating for 100 and large car park
  • Two-bedroom self-contained owners home

Description

LOCATION

The White Horse is located in a greatly populated residential area with plenty of local amenities, on the A336 Ringwood Road between Totton and Cadnam on the outskirts of New Forest. It is a busy through road for local commuters avoiding the busy dual carriageways leading into Southampton and Ringwood which are approximately 7 miles away. Totton Station is the nearest railway, and the closest bus stop to The White Horse is just 200 metres away. The pub is opposite Netley Marsh C of E primary school and within a mile of the M27 which runs east to west along the south coast.

THE BUSINESS PREMISES

The property is split between a restaurant and bar operation.

The 'L' shaped bar compliments the layout of the internal trade area and at the top of the 'L' is the restaurant.

Throughout, there is seating for around 64 which includes a community "pub area" where there is space for darts, a pool table and a WP.

Throughout, the property is well decorated and can boast character features such as beamed ceilings, beamed walls and a mixture and stone and wooden flooring.

The ladies and gents WCs are well presented.

The commercial kitchen also has a full range of trading equipment.

PRIVATE QUARTERS

Are self-contained and situated on the first floor with two bedrooms, lounge, kitchenette and bathroom.

OUTSIDE

To the front and side there is seating for around 45.

To the rear is a car park for around 20.

THE BUSINESS

Is open and trading.

The current operators are leaving after 11 years.

We do not have trading accounts but are informed that annual sales are around £350,000.

We cannot warrant any trading figures.

It is our client's belief that this business could achieve circa £500,000 turnover with an experienced food operator.

70% of sales relate to wet sales currently.

TENURE

The White Hart is available on the basis of a brand new agreement with the Stonegate Group.

There will be a wet tie to Stonegate.

Annual rent is quoted at £25,000.

Rateable Value
Current rateable value (1 April 2023 to present) £19,900.

This is not what you will pay.

Brochures

White Horse, Ringwood Road, Netley Marsh, Southampton, Hampshire SO40 7GX

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ashurst New Forest Station1.7 miles
  • Totton Station1.9 miles
  • Redbridge (Southampton) Station2.4 miles

About Sprosen Ltd, Weston-Super-Mare

44 Boulevard Weston-Super-Mare BS23 1NF

We are a leading specialist advisor for buying, letting and selling businesses and commercial properties in our sectors - hotels, pubs, restaurants, retail and leisure.

If you are looking to buy or sell a business in our specialist sectors - you will find that our personalised service is focused on helping you achieve your ambitions.

We have been established for 17 years and we look forward to being of help in the future.

Notes

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