Description
The property comprises a substantial three-storey end-of-terrace leisure premises occupying a prominent corner position on Bedford Place. The building provides approximately 7,813 sq ft (726 sq m) of accommodation arranged over ground, first and second floors, together with ancillary cellar accommodation and an extensive second-floor external terrace.
The property has recently undergone a substantial refurbishment (reportedly in the order of £750,000 of capex) and rebranding to create Barbara's Bier Haus, incorporating an extensive après-ski themed fit-out, multiple bar areas, customer seating, entertainment space, karaoke facilities and a substantial external terrace.
Location
The property occupies a prominent position on Bedford Place, in the heart of Southampton’s established city centre leisure and nightlife circuit. Bedford Place is a popular destination for students and young professionals, with Southampton’s two universities providing a substantial local catchment. The property is also within walking distance of Westquay Shopping Centre, Southampton city centre and Southampton Central railway station.
The surrounding area is well-established for food and drink operators, with nearby venues including Orange Rooms, The Lion, London Road Brewhouse, Giddy Bridge (JD Wetherspoon), Popworld and 7Bone, alongside a strong representation of independent bars and restaurants. Barbara’s Bier Haus therefore benefits from a established leisure pitch with strong complementary operators and evening footfall.
Tenure
The property is being sold freehold under Title Number HP580964, subject to and with the benefit of the occupational lease outlined below.
Also included within the sale is a long leasehold interest under Title Number HP666554 (blue outline) which comprises the beer store to the rear of the property. The leasehold interest was granted on 21 July 2005 for a term of 999 years.
Tenancy
The property is now let to NEOS 12 Ltd T/A Barbara Bier Haus on a 25 year fully repairing and insuring (FRI) lease from 17 July 2007 to 16 July 2032 at an initial rent of £150,000 per annum and is subject to five yearly open market rent reviews.
Planning
The site was handed over to NEOS 12 Ltd at the end of May in accordance with the planning consent granted by Southampton City Council under reference 26/00385/FUL dated 06 July 2026 for internal / external alterations.
The property is not listed, but is situated within the Carlton Crescent Conservation Area.
Covenant
The property is let to NEOS 12 Limited, trading as Barbara's Bier Haus.
NEOS 12 Limited forms part of the wider NEOS Hospitality group, a UK hospitality operator behind the Barbara's Bier Haus, Bonnie Rogues and Circuit brands. The group operates a growing portfolio of bars, pubs and late-night leisure venues across the UK and has continued to expand through strategic acquisitions and organic growth.
Recent acquisitions have expanded the group's estate to 40 venues across 22 UK cities, highlighting the scale of the platform and its ongoing commitment to growth within the UK licensed leisure sector.
NEOS Hospitality Limited (Company No. 14736269) is an active company incorporated in March 2023 and registered under SIC Code 56302 (Public Houses and Bars).
Website –
Fixtures & Fittings
The fixtures and fittings are currently owned by the occupational tenant.
EPC
B 44. The EPC will be provided to seriously interested parties upon request.
Guide Price
Unconditional offers are invited in the order of £1,750,000 (One Million Seven Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT. This reflects a Net Initial Yield of 8.07% after allowing for the usual purchaser’s costs.
VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.
Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff. For further information and all viewing requests please contact the sole selling agents Savills.
