Licensed property specialists, Sidney Phillips, are marketing the freehold sale of The Golden Bowler located in the village of Stubbington in Southern Hampshire. Close to the Solent, the village lies approximately 3 miles south of the market town of Fareham. Stubbington has a population of over 15,000 and has lots of amenities including shops, a GP surgery, a dental surgery, schools, library and community centre. Housing developments are in progress and more are scheduled which could expand the village further still.
The Golden Bowler became a public house in 1970 and has been under the same family ownership for 4 decades, since 1980, and the current generation took control of the business in 2005. It is a popular pub with the local community and also attracts both drinkers and diners from the surrounding areas. The business occupies a prominent main road position near the coast and is one of the last traditional independent pubs in the area.
The trade areas consist of a main bar with interconnecting rooms providing additional seating, including a veranda overlooking the trade garden. Connected to the main bar is the restaurant which provides seating for up to 24 customers. On the ground floor there are also customer toilets, a catering kitchen and refrigerated beer cellar and bottle store.
Outside, the is a large lawned trade garden with picnic bench seating for over 40 customers as well as a service yard, double garage and substantial tarmacked car park for 41 vehicles.
Detached from the pub is a two bedroom bungalow with private garden and parking for two vehicles. This is a great letting opportunity, whether as a bed and breakfast or as a self-contained ‘homestay’ style of accommodation.
The owners’ accommodation is located on the first and second floors of the pub and is 3-4 bedrooms. There is also an enclosed private owners’ garden with summerhouse.
The pub holds weekly pub quizzes, bingo nights and folk (music) nights which are popular with customers and the business has a turnover split 65%/35% in favour of food. As previously mentioned, the letting out of the bungalow or some rooms in the pub provide great opportunities for expansion. Furthermore, there is scope to improve profitability further with extended opening hours and a more ‘hands-on’ approach from new owners.
The freehold offering for this property is £1,150,000. For more information on the property click here and enquire by calling 01460 259100 or emailing wessex@sidneyphillips.co.uk .
(23rd April 2024)