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Bar Pub Accommodation Brighton For Lease

Brighton, East Sussex, UK
Asking Price:
£80,000
Turnover:
£192,400
Net Profit:
Available on request

This well-presented pub, is located in central Brighton, and is only a few minute’s walk to the seafront. The pub has been in the current vendors ownership for 8 years and now only comes to the market due to his wish to retire. The vendor has created a popular venue which holds weekly cabaret and bingo nights which always sell out. The pub has received excellent reviews on Trip Advisor and Google Reviews and is popular with local residents as well as visitors to the city. This is a fantastic opportunity for an incoming purchaser to capitalise on an already successful business, as there is significant scope to introduce a food offering, subject to planning permission being obtained.

Property Information

Property:

Leasehold

Lease Terms:

: The entire premises is held on a full repairing and insuring lease at a current rental of £25,500 per annum, with approximately 7 years remaining on the lease. There is a rent review at year 5.

Location:

This well-presented pub, is located in central Brighton, and is only a few minute’s walk to the seafront.

Premises Details:

The premises come to the market in excellent condition and has been well maintained. On entering the pub, the bar is located on the left hand side of the premises, which has 8 beer pumps and with a number of under counter fridges. The pub has seating for 32 covers. Towards the rear of the premises is a stage area where weekly cabaret and other shows are performed. To the very rear of the premises are separate ladies and gents toilets. The bar area also benefits from two air conditioning units, one of which was installed in 2020 along with two flat screen TV’s which are mounted to the walls. Access to the basement is adjacent to the bar; the large basement has plenty of storage for the beer kegs and soft drinks. As well as a lockable storage unit for spirits. The vendor has confirmed that all fixtures and fittings are owned out right and nothing is on high purchase or lease. The premises also has CCTV throughout and fitted with alarms.

Planning Consent:

LICENCES HELD:

• Sale of Retail Alcohol consumed on the premises between 10:00:00 - 02:30:00 Every Day

• Performance of Recorded Music everyday between 10:00:00 - 03:00:00.

Energy Performance Rating:
F

Business Operation

Trading hours:

7 days a week, 9am-1am, Monday –Saturday and 9am-12pm on Sundays.

Employees:
4 part time
Years established:
8 years

Other Information

Support & training:

yes

Contact Watkins Commercial

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