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Centurion Waterlooville
Crookhorn Lane, Waterlooville, PO7 5RE
Pub Code: 0020555101
Key Features
- Available on our Just Add Talent Agreement!
- Extensive Refurbishment Planned
- Great Location
- Community Local
- Large Car Park
Ingoing Costs: £4,000
On Target Earnings: £49,890
More Information
Nestled in the residential area of Waterlooville, Centurion is at the heart of the community and supported by great demographics. The town of Waterlooville is about 8 miles north of Portsmouth and provides a great commuter spot and only a stone’s throw from the A3 to London. A planned refurbishment will transform this great community local both inside and outside. The Centurion will have a big focus on sports including darts and pool. It will be the go to place to watch all up and coming sporting events on its large screen Televisions situated throughout the pub.
Under Just Add Talent the drinks range is centrally driven and will have both leading national brands and local heroes, allowing this pub to excel in its local market.The food offer will be based on pub classics with a focus on quality and provenance and there is the opportunity to expand this offer with our bolt-on specials and this can be agreed upon as part of our business planning discussions.
Hospitality Heroes Wanted!
Just Add Talent is an ideal opportunity for hard-working, talented people to take on their own pub business. We are looking for an operator who has previously worked in a high-volume food environment and use to delivering exceptional customer service while driving trade.
The pub offer is centrally driven by us and locally executed by you. We bring the menus, drinks range and offers, you execute a superb retail offer and manage your staff.
Trading Area & Facilities
The proposed refurbishment will create a much better flow throughout the venue. There will be a new decking area at the front leading to the main entrance. A large central bar servery will be the heart of the venue. Introduction of zones within the interior including a good-sized games area, complete with pool and darts. A new Kitchen will be installed that has the capacity to cater for 214 covers, 130 indoors and a further 84 outside. The toilets will also be fully upgraded.
Externally, the premises will receive a full new signage scheme with decorations to attract passing trade. New lighting will elevate the façade and help encourage new and old customers to visit. The garden space will also be extended ideal for customers looking to enjoy a relaxing drink or bite to eat on those beautiful summer days. There is a large car park on site with 26 Parking spaces.
Full details and layout of this amazing transformation are available in the 'Refurbishment Details' download attached to this web page.
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs & Bars, an ‘Investment Exemption’ will be required. The exemption means that the option of a Market Rent Option lease will not be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016)
Private Accommodation
Private accommodation consists of three bedrooms, a lounge, a kitchen, a bathroom, an office and store room. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on your business.
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
11:00 - 23:30 |
11:00 - 23:30 |
11:00 - 23:30 |
11:00 - 23:30 |
11:00 - 01:30 |
11:00 - 01:30 |
12:00 - 23:00 |
| Estimated Annual Turnover | £ 677,725 |
| Licensee Share of Turnover | % 27.5 |
| Estimated Licensee Share of Turnover | £ 169,431 |
| Less Estimated Wage Costs | £ 166,043 |
| Estimated Pub Profit | £ 147,792 |
| Estimated Licensee Share of Pub Profit (20% of Estimated Pub Profit) | £ 29,558 |
| Estimated On Target Earnings | £ 49,890 |
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
** All figures quoted are exclusive of VAT
To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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