Run a Stonegate Pub - Seahorse Gosport Gosport, Hampshire

About the Pub

The Seahorse is located in a sought-after location in Gosport, close to the sea front and Lee-on-the-Solent. The pub has built up a reputation for good food in the area and has been invested into by the current publicans so is in immaculate condition. The pub is attractive and very well-presented with fresh, modern décor throughout. There are two main trade areas that are linked together by the bar servery which is of a fantastic size to serve the pub, even at full capacity. One of the trade areas is more commonly used by the local clientele who regularly enjoy a casual drink in relaxing and welcoming surroundings. There are several wooden tables and upholstered chairs that can accommodate up to 45 guests. The second room, although not excluded from the main drinking area, is utilised as a restaurant where there is room for 30 guests. The trade kitchen is of a good size and is very well fitted; it is capable of producing high quality restaurant food. Due to the size of the Seahorse, live music and varied entertainment would be very beneficial and would draw in additional revenue and new custom. The patio is a very attractive feature of the Seahorse; it is covered, has heat lamps to ensure year-round usage, and can be accessed just outside the public bar. There are bistro-style tables and chairs that can accommodate 30 guests. A lovely lawned beer garden to the side of the patio has picnic-style wooden benches and welcomes further covers. There is a new decked area to the front of the pub which is accessible. The car park wraps around the pub and has space for 10 vehicles.

Business Information

Agreement: Fixed Term Tenancy
Capital Startup: Est. £33539
Fixtures / Fittings: Est. £26000
Guide Rent: £36000 pa
Potential Turnover: £525340 pa

Regional Manager's Thoughts

This is a unique opportunity to have a traditional pub that is very well-regarded amongst the local area, which has grown a great reputation for food. The Seahorse can tap into the high influx of tourists to the area to grow sales, especially in peak seasons. There is ample opportunity to attract tourists visiting Lee-on-the-Solent who are looking for a place to relax and dine. There is great scope for an experienced food operator to further exploit the food offer here and make use of the fresh, locally sourced produce.

Surrounding Area

Gosport is a popular coastal town within Hampshire, opposite Portsmouth. The Seahorse is situated in the middle of a densely populated residential area, and is surrounded by private homes and flats. It is close to several tourist hot spots, including Lee-on-the-Solent, which is home to a hovercraft museum, several marine-related businesses and is also used as a base for the coastguard helicopter and police aircraft. Portsmouth city centre is around four miles from the pub, and is easily accessed by the Gosport Ferry.

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