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A Traditional Grade Ii Listed Quayside Freehouse For Lease

Brixham, Devon, UK
Asking Price:
£27,500
Turnover:
Not applicable
Net Profit:
Not applicable

A character quayside building with views over Brixham Harbour. The Rising Sun has been a popular pub over the decades which has always traded strongly year round. The pub has a long association with the Brixham fishing trade with the vast majority of fishermen using the Rising Sun as their ‘local’. Given the location, coupled with exceptional levels of footfall and tourists, this is a fantastic opportunity for a new operator to re-establish trade and capitalise on its first class position.

Property Information

Property:

Leasehold

Location:

The Rising Sun occupies an enviable and highly visible position on the harbourside in the centre of the popular resort town of Brixham. The three coastal resorts of Torquay, Paignton and Brixham together form the Borough of Torbay with an indigenous population of over 120,000 and popularly known as The English Riviera. Brixham, at the south of Torbay, is a holiday resort in its own right and also an important fishing port with a colourful and busy harbour. Brixham has a long and colourful history, principally as a major fishing port and also as the landing place of William of Orange.

In more recent years, Brixham has established itself as a popular & increasingly prestigious resort town – highly regarded by visitors and residents alike. In the late 1980’s a major scheme for the redevelopment of a substantial area of the harbour and foreshore took place which included a 500 berth Marina, a promenade around the harbour linking the town centre and the breakwater, a 350 space car park and the development of houses, flats and shops.

Premises Details:

The premises comprises:-

Double entrance doors leading to:-

Main trade area
With tiled and partially stripped wood floors and timber panelled with part exposed painted stone walls and beamed ceiling creating a traditional feel and atmosphere. Upholstered bench seating areas under the two windows overlooking the harbourside. Timber topped and fronted BAR SERVERY to the left hand corner.

Kitchen area
Stainless Steel extractor hood, part stainless steel, part uPVC clad walls, non-slip flooring and sink and drainer.

Ladies cloakroom
2 WC's, wash hand basin and vanity unit.

Gents cloakroom
Urinal, separate WC, wash hand basin, stainless steel clad walls.

Ground floor temperature controlled beer cellar

Storage room

First floor

Private living accommodation
Comprising:-

Living room
With views over the harbour.

Dining room/bedroom
With views over the harbour.

Domestic kitchen
With fitted kitchen units.

Half landing

Bedroom

Top floor

Bathroom
With WC, wash hand basin and bath with electric shower over.

Double bedroom
With far reaching views over Brixham harbour.

Single bedroom
Separate walk-in cupboard.

Double bedroom

Single bedroom

Fire exit
To the rear of building leading to Higher Street.

General information

Rateable value
2017 List: £9,000.

Please note this is not Rates Payable. 100% Small Business Rate Relief will be available to eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.

Council tax band A

Tenure
We are advised that the premises will be offered on a new Free of Tie lease from the Wellington Pub Company for a term of 20 years with index-linked annual rent reviews together with open market rent review every five years, full repairing and insuring covenants and at a rent to be agreed with the landlords.

A deposit will be required equivalent to six months rent plus VAT. Guide Rent of £27,500 pax.

Applicants will be required to provide detailed background information and a business plan to be approved by the lessors.

A personal licence is also necessary. References and a credit check will also be applied for.

Services
We are informed that the property is connected to all mains services.

EPC Rating C

Premises licence
No. PL0510. Licence to sell alcohol for consumption on and off the premises from 10.30am – 00.30am.

Energy Performance Rating:
C

Other Information

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