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Blue Boar, Poole

Poole, BH15 1NE

1 / 15
Pub gallery image
Pub gallery image
Pub gallery image

Your investment

£18,500

Agreement Type

Long Term Agreement (5 Year Tenancy)
  • Located in the heart of Poole Dorset
  • Three unique trading floors
  • Well equipped trade kitchen

  • Food Preparation Area

  • Open Fire

  • 3+ Private Bedrooms

  • Function Room

  • Live Music

  • Kitchen

The Blue Boar needs an experienced operator with the ability to maximise multiple income streams and the vision to create a truly distinctive business. A strong track record in delivering high quality food is essential, along with a commitment to becoming a pillar of the community. This is a unique opportunity where traditional values blend seamlessly with innovation and modern consumer expectations. Do you have the flair, passion, and expertise to run three businesses all under one roof ? If so, this pub might be the perfect fit for you.

The Blue Boar pub is nestled in the historic town of Poole, renowned for its expansive natural harbour and rich maritime heritage. As a popular tourist destination, Poole offers visitors easy access to the Jurassic Coast, a World Heritage site. The pub itself is ideally located near the bustling Quay area, placing it within walking distance of local attractions like Poole Quay, Poole Museum, and an array of charming shops and markets.

Pub Layout

Upon entering through the main entrance, you’re greeted with the choice of stepping into the main bar or taking the stairs either up to the elegant function suite or down to the cellar bar. The main bar is impressive, featuring large, beautiful windows that offer a view of the bustling street outside. The space is furnished with traditional, high quality tables and chairs, with additional high stools lining the bar.  Descending into the cellar bar, you’ll find yourself surrounded by stunning brick tunnels and cosy alcoves, creating an inviting and unique atmosphere. The bar here is fully stocked, and the area is furnished with comfortable, well crafted tables and chairs.  Upstairs, the function suite is a spacious room with high ceilings and expansive windows, designed to impress. The room is tastefully arranged with a wooden dance floor and elegant function tables and chairs, perfect for any event. This floor also features a well-equipped commercial kitchen and a lift hoist that conveniently serves all three levels.

The Blue Boar maximises its three distinct floors, offering a well rounded experience that caters to a variety of needs. The main trade area operates as a traditional pub, serving daily food and drinks in a warm and inviting setting. The function room, a favourite choice for weddings and parties, provides an elegant space for catering and formal dining. After dining, guests often move to the cellar bar, where evening entertainment is on offer.  We envision The Blue Boar as a balanced 50/50 blend of food and drink. There is significant potential to expand the current offerings by serving food throughout the week, developing the cellar bar into a unique and vibrant aspect of the business, and further capitalising on the thriving function trade.

Private Accommodation

The accommodation consists of three well sized bedrooms, living room, bathroom and office.

Annual Rent: £31,500

Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater

Working Capital: £10,000

Stock: £3,500

Business Rates: £Nil.  Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied for by the licensee 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.

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 for by the licensee 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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