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External Drinking Area
Property details
Located on the corner of Napier Road and Albert Road in Southsea, the 5th Hants benefits from high footfall in its prominent roadside location. The densely populated residential areas surrounding the pub make it the perfect place to develop a well-supported community hub, attracting a strong local trade. Both Southsea Town Centre and the Seafront are under 10 10-minute walk away, attracting seasonal trade from tourists. With the pub being just 1 mile from Fratton Railway Station, it is easily accessible by public transport.
Entry to the pub is granted via the main front door where customers will be greeted with an open-plan, ground-floor bar area with single bar servery to the right. This trade area has gained a reputation amongst the local community for hosting sports and live music nights. A separate trade area to the rear has its own separate bar servery, and is used as a tap room for customers not wanting to get involved in the pub's entertainment and events. The pub does not have a car park, however, street parking is available.
The private accommodation consists of three bedrooms, a large lounge, kitchen, and bathroom plus a small office.
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Cask Ale
FindMyPub.com
Team Games
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Live Entertainment
FindMyPub.com
Experienced Operator
Trading style
This pub is run as a wet-led venue with the majority of its revenue coming from its weekly live music and entertainment nights, hosting a selection of music genres including local artists. The current licensee effectively utilises social media to increase footfall and engage with the wider community. There is no catering kitchen on site, but there is an opportunity to develop a small back bar food offering. The venue features a premium drinks selection, with a particular emphasis on cask ales, which are highly popular among the local clientele.
The ingoing licensee will be experienced, community-focused, and passionate about cask ale. The landlords are looking for someone to build on the solid foundations that our current licensee has developed and be able to unlock further growth at the pub. The pub will remain a wet-led venue, emphasizing high-quality drinks, with a particular focus on its excellent range of cask ales. The 5th Hants will continue to be known for its regular live music acts, solidifying its role as the social hub of the Albert Road community. With its welcoming atmosphere and vibrant entertainment, this pub will offer plenty of reasons for locals and visitors alike to stop by.
Key financials
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Reference Number:
IU3WDL / P04704
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£13,000.00
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Annual Rent:
£19,950.00
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: £19,950
Security Deposit: £3,000
Working Capital: £5,000
Stock: £5,000
F&F: TBC – funding options may be available for the right licensee.