Run A Hall & Woodhouse Pub (Tenancy) - The Portsmouth Hoy

This Business Partnership opportunity is available April 2025!

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.

Highlights:

• 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 key business


• Fair Maintainable Trade* (FMT) Net Turnover: £642k per annum


• Turnover based rent at 8.5%, with a base rent of £45k

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 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 diverse brass 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 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.

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


• Closing Date for Applications: 06/01/2025

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.

For more details and to submit your interest, please click on Apply.