FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Smoking Solution
Property details
The Angel enjoys a prominent position opposite the large and well-used Palmerston Park on Palmerston Road, known locally as Central Park due to its proximity to the Town Centre. It is also a stone's throw from Hoglands Park which is a central city event location and is regularly used for outdoor events such as Pride in the Park, Sport Relief, the annual Art Asia Mela Festival and lots of other sporting and family occasions. Located only 200 metres from Southampton Solent University's main campus and the halls of residence, the Angel is fortunate to be one of the main hubs for students and is a prominent fixture on the local music scene. Also being on the main thoroughfare from Southampton Train Station to St Marys Stadium, the Angel affords a fantastic stop-off point, just metres from the Saint's home ground, offering supporters the chance to enjoy a drink before and after all home games as well as being the ideal spot for fans to meet up, to support the Saints on away days. Backing onto a large residential estate, the Angel is also largely unrivalled, with few similar venues in the vicinity.
Entering the pub from the main road, you will find a large, open-plan trade space which houses a long central bar servery to the right, giving ample all-round vision and ease of service to all areas of the pub. The open plan layout offers a mixed variety of fixed and loose seating along with another area currently left available for those preferring to stand. Down a few steps towards the rear of the pub, you will find the pool table and darts board, both sets of toilets and access to the outside space at the rear of the property. There is a compact kitchen at the Angel which affords a good opportunity to offer a simple and effective food menu.
There is a fully enclosed licensed courtyard area which has heating and lighting and also has the benefit of an external projection screen. There is also an abundance of parking facilities nearby, including on-road parking to the rear.
The private accommodation consists of three bedrooms, kitchen, bathroom, lounge and office with all rooms being presented in good order. The domestic accommodation can also be independently accessed at the rear of the property.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
FindMyPub.com
Team Games
FindMyPub.com
Pool Area
FindMyPub.com
Live Entertainment
FindMyPub.com
Live Sports
Trading style
The Angel is a fantastic example of a wet-led Community pub, with a focus on live music and football. Previously, the site has seen lots of community-based activities such as quiz nights, open mic nights, and local charity events and has also got a good working relationship with Southampton FC being known as the go-to venue for home fans on match days. The local University also has a constant supply of students who frequent the venue and enjoy the regular drinks offers available, providing a steady income and a reliable trade.
The landlords are seeking to secure a dynamic and experienced retailer, who is capable of developing and maximising both the wet and dry income streams. They must be multi-skilled and possess the ability to maximise the trading opportunities that this site presents. There is huge scope to further develop the income at this well-known city pub, by driving the business forward and really putting the Angel back on the map as the place to be in the city centre. A proactive social media presence and an active rhythm of the week will ensure that this pub really thrives and becomes the hub of the area once again. The ability to produce a small food offering at the site would go down well with the customers as well as provide an alternative income stream and ideally, the new tenant will have the experience and knowledge to have an effective and adaptable drinks menu to suit the diverse needs of the pub.
Key financials
-
Reference Number:
IU3WDL / P02266
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£7,000.00
-
Annual Rent:
£18,300.00
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: £18,300 (Startup rent of £100 p/w (net) available for first 8 weeks)
Security Deposit: £2,000 based on ‘cash with order’ trading terms only. All other trading terms will require £5,000 deposit.
Working Capital: £2,500
Stock: £2,500
F&F: TBC – funding options may be available for the right licensee.