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Established Pub & Kitchen With Accommodation In Brighton For Sale

Brighton, East Sussex, UK
Asking Price:
£64,999
Turnover:
£200K - £500K
Net Profit:
Undisclosed

The pub and kitchen are located in central Brighton. The pub is located in a densely populated area and is surrounded by a mix of flats and houses. The pub will see a high number of commuters, students, and visitors to the city walking to and from the station on a daily basis. The pub has been in the current vendor’s ownership for 7 years and during this time has created excellent goodwill and repeat trade. The vendor currently runs a very popular weekly quiz night, game nights, and also DJ’s on a Saturday. In addition to this, they regularly hire out part or all of the venue for private parties and functions. They have received excellent reviews on TripAdvisor (5*), Brighton Restaurants (4.5*), and Google reviews (4.5).
The business now only comes to the market because the vendors wish to focus on other business opportunities.

The pub is currently only tied with Admiral Tavern for their beers and ciders; everything else can be sourced independently.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

The premises is held on a full repairing and insuring 10-year lease at a current rental of £28,375.39 per annum (including VAT), and has 3 years currently remaining. The lease has the protection of the 1954 Landlord and Tenant Act.

Leasehold Rent:

£28,375 per annum

Living Accommodation:

The pub has the benefit of a large flat which is accessed from behind the bar. The flat consists of a large living room, 2 double bedrooms, family bathroom and kitchen. The accommodation cannot be sublet and would need to be occupied by staff or the owners

Location:

The pub and kitchen is located in central Brighton. The pub is located in a densely populated area and is surrounded by a mix of flats and houses. The pub will see a high number of commuters, students and visitors to the city walking to and from the station on a daily basis.

Premises Details:

The pub occupies a corner plot and has seating for 60 covers, but has a capacity for 90. There are several seating areas throughout the ground floor with the bar being located in the centre of the premise. The vendors have confirmed that all fixtures and fittings, apart from the coffee machine and grinder will be included in the sale. There is a small courtyard garden which provides seating for a further 10 covers. There are also separate male and female toilets located on the ground floor. There is a staircase behind the bar which provides access to the cellar and the upstairs. The cellar contains a large store area and a separate cool room for the beer barrels. The kitchen is located on the 1st floor and includes extraction, aa single deck pizza over, small preparation and washing up area.

Planning Consent:

Late Night Refreshment
Times:
• 10:00:00 - 03:30:00 Friday-Saturday
• 10:00:00 - 02:00:00 Monday
• 12:00:00 - 03:30:00 Sunday
• 10:00:00 - 02:30:00 Tuesday - Thursday

Sale by Retail of Alcohol - Alcohol consumed: Both on and off the premises
Times:
• 10:00:00 - 02:30:00 Monday
• 12:00:00 - 03:00:00 Sunday
• 10:00:00 - 03:00:00 Tuesday - Saturday

Performance of Recorded Music
Times:
• 10:00:00 - 04:00:00 Friday-Saturday
• 10:00:00 - 03:00:00 Monday-Thursday
• 12:00:00 - 04:00:00 Sunday

Energy Performance Rating:
B

Business Operation

Reasons for selling:

other business interests

Trading hours:

Tuesday-Thursday 4pm-11pm, Friday 4-12am, 12pm-12am on Saturday and 12pm-9pm on Sundays.

Employees:
5
Years established:
7

Other Information

Support & training:

yes

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