Beautifully appointed pub in the center of Chichester with a rental B&B and Manager accommodation.
A foodie venue with a lovely outdoor hidden garden at the back and a patio at the front
Perfect for functions
- Asking Price:
- £85,000 Furniture / Fixtures and Inventory / Stock included
- Turnover:
- £500K - £1M
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Leasehold Type:
- Existing
- Lease Terms:
-
Lease expires at the end of 2025 but leasee has right to renew
- Leasehold Rent:
-
£64,000 per annum
- Living Accommodation:
-
A Large one bedroom, living room, kitchen, bathroom, office and store room
- Location:
-
200 yards from the icon Chichester Cathedral,
Business Operation
- Expansion Potential:
-
Functions have become a growing portion of the business and now with the introduction of a rental apartment there is scope for growth
- Competition / Market:
-
Chichester has a vibrant pub culture and sits with a higher end clientele
- Reasons for selling:
-
Retirement
- Trading hours:
-
10am -11.30pm
- Employees:
- 20
- Years established:
- 8
Other Information
- Support & training:
-
two month handover period included in sale
- Furniture / Fixtures value:
- £40 - included in the asking price
- Inventory / Stock value:
- £5,000 - included in the asking price
