PUB & KITCHEN WITH ACCOMMODATION FREE OF BREWERY TIE BRIGHTON, EAST SUSSEX

Occupying a prominent corner position, this free of tie pub is ideally situated in the densely

populated Brighton neighbourhood, surrounded by houses and flats that provide a strong local

customer base. The pub has built an excellent reputation, strong repeat trade and a loyal following.

Open from breakfast through to the evening, it attracts customers throughout the day and serves as a

popular hub for the local community. Quiz nights and live music further enhance its appeal, while

online ratings of 4.5 stars on TripAdvisor and 4.6 stars on Google reflect its established standing. The

property also includes a six-bedroom HMO, generating additional income of £4,500 per month. The

business is being brought to market because the vendors wish to focus on other business

opportunities, offering a new owner the opportunity to acquire an established community pub with a

loyal customer base and a valuable additional income stream.

THE PREMISES: The pub occupies an imposing corner plot. On entering the pub there is a custom

bar counter which includes several under counter fridges and a keg cooling system. The pub has

seating for 80 covers inside, with a further 20 covers on the decking area to the front of the pub. The

pub has a separate area which is used for live entertainment towards the rear of the pub which

includes a stage area. The vendor has confirmed that all fixtures and fittings will be included in the

sale. There are also separate male and female toilets located on the ground floor. The kitchen is in the

basement which is fully fitted with commercial extraction and has a separate preparation, cooking

and washing up areas and comes to the market in good condition. There is also a large storeroom

which has several fridges and freezers and wracking for dried goods. There is a separate office which

contains the monitors for the CCTV and has a separate wine store.

ACCOMMODATION: The pub has the benefit of a 6-bedroom HMO with separate kitchen and two

bathrooms. At present the rooms are let individually, however in the past it has also been let via Air

BNB. The flat currently generates an additional income of £4,500 per month.

ALCOHOL LICENCE: The premises licence allows for the following –

Late Night Refreshment

 23:00:00 - 00:30:00 Friday-Saturday

 23:00:00 - 00:00:00 Sunday-Thursday

Re live/rec music/perf of dance Times: 08:00:00 - 23:00:00 Every Day

Sale by Retail of Alcohol

Alcohol consumed:

Both on and off the premises

10:00:00 - 00:00:00 Friday-Saturday 10:00:00 - 11:00:00 Sunday-Thursday

TURNOVER: The pub currently trades Monday-Sunday 8:30am-11pm and on Friday and Saturday the

opening hours are extended till midnight. Between the hours of 8:30-3:30pm, the kitchen is run by

the vendors team and then from 5pm-9pm the kitchen is sub-let. The current weekly turnover is

approximately £10,000 per week. The business is currently fully staffed and consists of a full-time

manager and Head chef, 4 full time and 5 part time bar staff and a further 2 full time chefs and 1

kitchen porter.TENURE: The premises is held on a full repairing and insuring lease at a commencing rental of

£55,000 per annum (excluding VAT). Rent reviews will take place every 5 years and there will be a

tenant only break clause in year 3. There are 9 years remaining on the lease.

RATES: We have been verbally informed that the current rates payable at present are £1,700 per

annum, as the premises are benefiting from the small business rate relief scheme. The rateable value

for the property is £13,000 per annum. Prospective occupiers should make their own enquiries to

verify same.

GENERAL REMARKS: Well established community pub. Well-equipped to the trade. New secure

lease. Fully fitted commercial kitchen. Located in a densely populated area. Versatile site. Currently

runs live music events. Low overheads.

PRICE: We are instructed to quote for the lease, goodwill, premises licence, equipment, trade

fixtures and fittings £85,000 SAV

LEGAL FEES: Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the Manager or the staff without a prior

appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090.

ENERGY PERFORMANCE CERTIFICATE: available upon request.

The premises has been rated Band B and the full report is

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are

fit for any particular use or that they comply with any relevant regulation or statutory requirement.

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they

are in working order. The buyer is advised to obtain verification from their solicitor or surveyor

before proceeding with the purchase.

VAT: All prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy

themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE & FINANCIAL PLANNING: We shall be pleased to assist any purchaser in arranging

finance to acquire this business or any other business you may be considering subject to status.

Prop. Ref: 6974C

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential. I

also undertake that I will:

i) ii) iii) View businesses registered with Watkins Commercial by appointment only.

Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial

Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank,

solicitor, surveyor accountant, etc.

iv) v) Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions

which seek to preclude, or are contrary to the interest of Watkins Commercia