Ringwood Road, Poole, Dorset, BH14

*** PRICE ON APPLICATION ***

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • For rent under a fully supported tenancy agreement • Fantastic tiered garden with a stand alone bar • Reputation as a great spot to watch sports • Well laid out trading space with a bar area and mixed drinking/dining, which can be partitioned for private events or sports • Situated in a busy residential neighbourhood with a strong bias to families and seniors • Prominent A road presence close to Poole Town Centre and adjacent to a high volume Co-op

Location: • Nearest Station: Parkstone Station • Distance to Station: 0.8 miles

Agent Information: • Address: The Brewery, Blandford St. Mary, Blandford Forum, DT11 9LS

Full Description: About The Pub to Rent

The Sweet Home Inn is a traditional, broad based local with a reputation for sports and music but with the potential to develop a strong food offering.

Characterful interior with an island bar creating a number of different trading areas whether they be used for drinking, food or sports.

In addition to the strong curbside appeal there is a large raised landscaped garden, which has earned a reputation as a great spot to watch sports with its dedicated bar.

Ideal candidate will be an energetic operator looking to develop all aspects of the business with great service, drink and food and a passion to make the pub the centre of the local community through sports, entertainment and events.

It would suit a range of operators who are driven by a desire to run great local pubs.

The Sweet Home is situated in the Parkstone area of Poole and and is surrounded primarily by residential properties with many thousands of neighbours within a 5 minute walk.

The pub itself has strong curbside appeal and is a focal point for the area as it shares a car park with a busy convenience store which attracts customers through the days and evenings.

The business is less than a half mile from the town park with its boating lake and family activities, and the busy College and Hospital with the main attractions of Poole and the harbour and beaches a short distance away.

Poole benefits from great public transport routes which attract numerous offices and businesses to the town.

The Sweet Home has 3 bedrooms, lounge, bathroom and private kitchen, all is in good condition.

Bedrooms - 1

Lounge - 1

Private kitchen - Yes

Bathrooms - 1

Trade

The last two years have been phenomenally successful through offering great sports viewing in the garden with circa 400 covers and its own bespoke bar.

The local business is regular but there is opportunity to increase the regularity of visits through pub teams and events such as quizzes, entertainment and theme evenings.

Food trade can be developed further through consistency of availability and focus on marketing this opportunity.

Top Line Figures

Rent: £30,000 per annum Initial Investment: £27,000 Fair Maintainable Trade* (FMT) Turnover: £414,000 per annum Full Investment Breakdown ? Deposit: £7,500 Training Fee: £1,200 incl. VAT Change of DPS Fee: £300 incl. VAT Digital Assets Fee: £200 incl. VAT Working Capital: £5,000 Fixtures & Fittings: Estimated at £25k (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings). Additional Information Estimated Wet/Dry Split: 75%/25% Business Rates: RV £14,700 Available immediately

"The Sweet Home is very much a community pub where a friendly welcome and consistency of offer and quality are key.

The pub is ideally located on a prominent road close to Poole Town Centre and can further improve the kerbside appeal to attract new customers in addition to the loyal regulars.

The House has a great reputation for sports and events and is well equipped to develop a strong food trade to sit alongside this.

In summary this is a great pub to let."

Ian Pearson

Business Development Partner, South West RegionEnergy Performance CertificatesEPC 1