01283 501999

Elephant & Castle

The Elephant & Castle, 40 Commercial Road, Totton, Southampton, UK
Initial Ingoings* :
£3,295
Facilities
  • Accommodation (Private)
  • Beer Garden
  • 6 Spaces Car Park
  • 28 Covers Catering Kitchen
  • Live Sports
  • Team Games
  • Wifi

Overview

Looking to run a pub?

The Elephant & Castle is in central Totton, a suburb of Southampton, and has the benefit of a good-sized local population and it is also surrounded by small retail operations, banks and other take-away/restaurants/pubs.

It is very much a town centre community business with high footfall which is key but also has a small car park.

The pub itself is attractive and recently has been redecorated throughout creating great kerb appeal.

Business facilities

The pub is split into two main trading areas. There is a comfortable lounge area with a mix of flexible and bench seating with up to 28 covers, this area has been decorated to a high standard and leads out to the garden.

The bar is centrally positioned and has easy access for the main entrance, this area leads to the spacious sports area with pool, darts and TV’s and can also be cleared out when live music is put on. The pub also offers SKY sports and WIFI and parking for up to 6 cars.

Accommodation

Your domestic accommodation will include three bedrooms.

About the local area

The pub is located in Totton a suburb of Southampton which is just 3 miles away.

It is mainly a residential & business area but is located close to the New Forest which is easily accessed by both road and rail.

This pub may suit

An operator with local knowledge, or who has worked in a similar environment as great personality is needed to create a warm welcome alongside a strong lead at the business. You should have high standards and pride in the product and service are key as are an ability to market the business effectively.

About the Contract

Our retail contract is a fantastic way to run a pub on a self-employed basis, but have the comfort and support of knowing that we are right beside you to guide you through this business venture

You’ll have the peace of mind knowing that the fixed costs associated with running a small business are not yours. Leaving you free to focus entirely on delivering a great retail offer to drive sales and profit.

What’s on Offer

  • Low cost entry
  • Self-employed
  • A ready-made pub with tried and tested food and drinks offers
  • 3-year contract (3-month notice period) rent free
  • Most of the day to day running costs are covered by us
  • LOTS of support from Punch
  • Accommodation included
  • 5-day Induction course – free of charge is provided together with additional on-going training, a support package and a dedicated Punch Development Manager to help you develop your business

You only pay for:

  • Labour
  • Consumables
  • Internal Maintenance

* The calculation of the initial ingoing costs assumes a minimum deposit (£3,000 or £5,000) plus legal fees. The subsequent deposit build up can be paid over the term of the contract and up to £100 per week. This can be discussed with the Punch Development Manager

 

 

 

 

 

Business Information

Initial Deposit*
£3,000
Legal Fees
£295
Working Capital
£2,000
Maintenance Fund Per Week
£40
Street Check
Click Here

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