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Lord Raglan, Emsworth

Emsworth, PO10 7BJ

Your investment

£12,000

Agreement Type

Long Term Agreement (5 Year Tenancy)
  • Waterfront location
  • Large beer garden with views over the Estuary
  • Well established music and cask ale offer

The Lord Raglan is an 18th-century traditional pub, perfectly nestled in the charming market town of Emsworth, Hampshire. Situated on Queen Street, it enjoys a picturesque setting with its rear facing the serene Slipper Mill Pond and the River Ems estuary. This location offers both locals and visitors a tranquil spot to enjoy the scenic beauty of the waterfront. Just a 2-minute stroll from the pub lies Emsworth’s bustling high street and St Peter’s Square, the town’s main commercial and shopping hub. Emsworth is known for its affluence and vibrant community, with a population of around 10,000 residents. The town is also recognized as a prominent sailing and yachting centre on the South Coast, drawing enthusiasts from across the region. Emsworth is conveniently located near the A27, providing easy access to nearby cities like Portsmouth to the west and Chichester to the east. The town is also served by its own railway station on the West Coastway Line, offering regular train services to Portsmouth, Chichester, and Brighton. Additionally, several bus routes connect Emsworth to surrounding towns and villages, making it easily accessible by various modes of transport.

Pub Layout

The Lord Raglan’s interior is designed with a focus on comfort and community, dominated by the central bar servery that forms the heart of the pub. The open-plan layout invites guests to enjoy a relaxed atmosphere, whether they’re there for a casual drink or a meal. To the left of the bar, an archway leads to a separate, more intimate dining area, furnished with tables where customers can savour their meals in a cosy setting. Behind the bar, a well-equipped trade kitchen ensures the efficient preparation of the pub’s offerings, with a convenient serving hatch that opens directly to the garden. This feature makes it easy for guests to enjoy fresh food while basking in the outdoors. The highlight of the pub is undoubtedly its stunning beer garden, which offers panoramic views of the waterfront and the River Ems estuary. With yachts moored just beyond the garden wall, the setting is picturesque, providing a perfect backdrop for al fresco dining and drinking. During the warmer months of spring and summer, this beer garden becomes a favourite spot for locals and visitors alike, thanks to its sun-soaked ambiance and relaxing atmosphere.

The Lord Raglan is a vibrant, wet-led establishment known for its warm and welcoming atmosphere. The pub primarily focuses on its beverage offerings, with a sales mix of approximately 80% wet (drinks) and 20% dry (food). Despite being wet-led, it offers a delightful menu of home-cooked dishes that celebrate classic pub favourites. Guests can enjoy staples like fish and chips, hearty pies, and traditional Sunday roasts. Additionally, the pub boasts an on-site pizza oven, serving up delicious homemade pizzas that add a modern twist to the menu. The ambiance at The Lord Raglan is a blend of rustic charm and modern comfort, creating a cosy environment that draws in both locals and visitors. The pub is open throughout the day, catering to a variety of needs, from early breakfast to lunch and evening meals. Fridays are particularly lively, with live music performances that have become a highlight of the week. These events draw a diverse crowd, adding to the pub’s reputation as a hub of local activity. The Lord Raglan is also celebrated for its well-maintained real ales, ensuring that beer enthusiasts have plenty to enjoy.

Private Accommodation

The domestic accommodation comprises of 3 bedrooms, bathroom and lounge . There is also a terrace outside the rear lounge which overlooks the creek/waterfront .

Annual Rent: £29,000

Security Deposit: £5,000

Working Capital: £3,000

Stock: £4,000

Business Rates: £Nil.  Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be available for the right licensee.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

We are looking for an experienced, community-focused licensee to take the helm at The Lord Raglan. The ideal candidate will have a proven track record of successfully running a pub business, demonstrating not only excellent customer service skills but also the ability to engage deeply with the local community. Understanding and appreciating the local culture and values are crucial, as The Lord Raglan is more than just a pub—it is a central hub for gatherings, events, and social activities within Emsworth. The successful licensee will need to show a strong ability to make The Lord Raglan the go-to place for locals and visitors alike, fostering a welcoming atmosphere that encourages repeat business. Food experience is essential, as the pub offers a home-cooked menu that is a key part of its appeal. The licensee will also need to have solid financial controls in place, ensuring the business remains profitable while maintaining the high standards of service and quality that The Lord Raglan is known for.

 

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training£350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *


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