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Beer Garden
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External Drinking Area
Property details
The Windsor Castle is a large building situated on a corner plot and faces onto Shirley High Street within a small precinct of shops and next to a large Sainsbury store attracting significant customers throughout trading hours. There is a wealth of small businesses, residential shops, and facilities in the immediate vicinity that attract people to the area from much further afield. Shirley is one of the largest areas in Southampton with a dense residential population of around 14,000. The local market runs weekly on a Thursday, directly outside the Windsor Castle again offering another weekly event in the area attracting footfall from all over Southampton. The site also benefits from a street license to the front of the property which provides a great area for customers to enjoy the busy street ambiance.
The pub is open plan with a horseshoe-style bar surrounding a large bar area. There is a raised area on the right of the bar that is a great location for live music and entertainment. On the left of the bar is a community area with a pool table and darts board. There is a small kitchen located directly behind the bar servery that is capable of delivering a varied pub menu due to the proximity to the bar this could be managed by bar staff.
There is an enclosed courtyard to the rear of the pub that is easily accessible from the pub.
The private accommodation is located on the first floor and accessed independently from the trading areas of the pub. This consists of four bedrooms, lounge, kitchen, and bathroom, which are all in good order.
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Cask Ale
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Catering Kitchen
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Team Games
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Pool Area
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Live Entertainment
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Live Sports
Trading style
The Windsor Castle has a strong community feel and is well supported by its loyal customer base as well as a high amount of passing trade and a large residential area surrounding the pub. The pub has historically done well with charity-based and community events of their own accord and also participating in events within the town centre. The landlords are supporting the Windsor Castle with the ability to compete with the low Retail Selling Prices offered by some of the local competitors but the Windsor Castle is much better positioned and with a greater range of services, events, and brand offerings the Windsor Castle will be the number one destination in Shirley.
The pub has a strong trading pattern throughout lunch, evenings, and weekends. Customers frequent the pub from the local community even attracting custom from slightly further a field for the weekend entertainment. It is home to several pool and darts teams that play weekly and are well-established in the local leagues. The pub and licensee accommodation are well presented.
The landlords are looking for a passionate and focused licensee to build on the existing business and further develop the wet and dry income streams. You will need to develop the entertainment programme to maximise the trade and with the pub benefitting from a catering kitchen directly to the rear of the bar servery, there is a significant opportunity to launch and grow a good quality pub grub food offer.
Key financials
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Reference Number:
IU3WDL / P01822
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£7,000.00
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Annual Rent:
£23,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £23,000 - Stepped rent starting at £100 (net) per week for twelve weeks, followed by rent steps up to £23,000 upon completion of the refurbishment.
Security Deposit: £2,500 – building to £5,000 during tenure.
Working Capital: £2,000
Stock: £2,500 – plus a £1,000 trade credit available at the end of week 1, end of week 6 and end of week 12.
F&F: Upon valuation – funding options may be available for the right licensee.