Eldon Arms portsmouth

didnt get that many good pics or many in general as the alarm was blaring! had to rush it.

The Eldon Arms in Southsea (11–17 Eldon Street, Portsmouth PO5 4BS) permanently closed on 31 January 2025, and since then it’s been listed as “Closed Long Term” and is currently being marketed—likely seeking a new tenant (camra.org.uk).

📉 Why It Closed

1. Energy costs: Recent spikes in heating, lighting, and utility prices made operations financially unsustainable .
2. Rising cost pressures: Wider economic challenges in the hospitality sector—like inflation—are squeezing margins, particularly for recently reopened pubs.
3. Ownership structure: As a Stonegate-owned property, Stonegate immediately placed it back on the market once the tenancy ended (portsmouth.co.uk, stonegatepubpartners.co.uk).

🔮 What’s Next

Stonegate is actively advertising for a new tenant, promoting the pub’s attractive turnover potential (~£278k yearly) and relatively modest weekly rent (£480) (portsmouth.co.uk). The pub retains much of its traditional vibe—Victorian tiled façade, wood paneling, fireplaces, games, bar billiards, and a decent-sized beer garden—which could make it appealing to operators seeking to restore it as a community or games-focused pub.