The Quay, Poole, Dorset, BH15

*** 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 • Stunning pub in the centre of historic Poole Quay, a south coast tourist hotspot • Well established and loyal year round trade • Great potential to exploit the external pedestrianised area • Compact and low cost business • Fair Maintainable Trade* (FMT) Net Turnover: £642k per annum • Turnover based rent at 8.5%, with a base rent of £45k

Location: • Nearest Station: Poole Station • Distance to Station: 0.5 miles

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

Full Description: About The Pub

The Portsmouth Hoy is a stunning pub, brimming with character and known for serving superb quality food and drink. Its location on Poole Quay allows year-round trade to be boosted by huge numbers of visitors with whom the Hoy has a great reputation.

The externals and signage have been quite recently refreshed, and there are a number of tables outside with the opportunity to grow the external presence further.

On entering the pub there is an eclectic mix of comfortable seating and booths, wood cladding and floors, and fascinating bric-a-brac from model ships to diving bell helmets. The bar is situated in the centre of the pub and there is further seating to the rear, which is equally well presented. The well-equipped kitchen and cellar are located at the rear of the pub, with an accessible toilet on the ground floor. There are ladies and gents toilets on the first floor where several storage areas are also situated.

The Portsmouth Hoy is situated in the centre of historic Poole Quay, a vibrant all-year-round community which attracts huge numbers of tourists and day visitors throughout Spring, Summer and Autumn.

The Quay is bustling with bars, restaurants and visitors soaking up the atmosphere, with an everchanging background of yachts, ships and fishing boats. It is the Headquarters of Sunseeker Yachts and the RNLI, and is the launch point of ferry trips to Brownsea Island and other local destinations. Poole Quay hosts numerous events throughout the year particularly during the Summer, including the infamous Harry Paye Pirate Day. Road access is straightforward and the mainline train station is only a short walk away.

This is a great opportunity. Could this be the pub for you?

The private accommodation at the Portsmouth Hoy is over two floors and consists of a large lounge with a fantastic view overlooking the Quay, along with three bedrooms, a bathroom/wc, a kitchenette and office. The flat provides a great living space in the heart of Poole.

Bedrooms - 3

Private kitchen - 1

Lounge - 1

Bathrooms - 1

Office - 1

Trade

Despite strong local competition, this pub benefits from excellent all-year-round trade built on a very high quality food and drink offer which is competitively priced.

The Portsmouth Hoy enjoys a great reputation which attracts destination trade to the area, and the pub has benefited from the recent pedestrianisation of the Quay during the summer months when numerous events are held.

The guest profile for the pub is diverse, with a mixture of both local regular guests and large numbers of tourists.

Top Line Figures Rent: 8.5% Turnover Rent, with a base rent of £45,000 per annum Initial Investment: £30,000 Fair Maintainable Trade* (FMT) Turnover: £642,000 per annum

Full Investment Breakdown ? Deposit: £7,500 Training Fee: £1,200 incl. VAT Digital Assets Fee: £200 incl. VAT Working Capital: £5,000 Fixtures & Fittings: Estimated £30k (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information Estimated Wet/Dry Split: 52%/48% Business Rates: Rateable Value £24,500 Available From: 01/04/2025

"The Portsmouth Hoy would suit operational hospitality professionals who are passionate about running an iconic pub and serving high quality fresh food, including fresh fish, as well as great ales and wines, in a traditional pub environment.

The ability to flex the offer between regular guests and tourists is key to running this pub successfully, as well as maximising every cover both inside and out."

Ian Pearson

Business Development Partner, South West Region