Facilities

Garden
Car park
Commercial Kitchen
Private accommodation

Charming Venue close to Basingstoke Canal

The Waterwitch presents an outstanding opportunity in the heart of Odiham, situated just off the village’s bustling high street. This property benefits from parking for approximately 50 vehicles and boasts an extensive rear garden stretching down to the Basing...

Important Information

Annual rent £68,000
Additional information N/A
Weekly rent £1,308
Entry costs £43,000
Turnover royalty N/A
Forecasted operator turnover £801,125
Forecasted Operator Profit (inc machine profit) £67,591
Forecasted operator machine profit £0
Average Beer & Cider Discount* £72
Type of Tie Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement Standard Tenancy Agreement. A fixed 5 year term.
Machine Product Agreement Unrestricted (100% to licensee)
Entry cost is approximately £43000 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings.
Deposit £17,000
Additional Information N/A
Estimated Fixtures & Fittings Value £6,000
Estimated Stock Value £10,000
Estimated Working Capital £10,000
Estimated Entry Cost £43,000
As you enter the property, you are welcomed by a variety of seating areas, offering flexible dining and drinking spaces to suit a range of customer preferences. A centrally positioned main bar serves the venue, complemented by a well-appointed kitchen located directly behind it. Externally the property benefits from parking for approximately 50 vehicles and boasts an extensive rear garden that stretches down to the Basingstoke Canal, creating a truly unique waterside setting. This substantial outdoor space has the potential to accommodate up to 200 external covers. In addition, the property includes two self-contained staff rooms situated to the side of the premises. These could potentially be converted into guest letting accommodation, providing an attractive opportunity to generate an additional revenue stream.

Graeme Marley

Business Development Manager

‘I’ve had the privilege of working as a Business Development Manager for 40 years across various breweries and pub businesses. I believe pubs are all about people, because they bring people together in a social environment as the hub of the community. Likewise, I believe working in partnership is all about people too, so I believe in an open book policy and mutual respect when working with my partners to help them run great pub businesses.’