Free-Of-Tie Beautifully Refurbished Village Pub In West Sussex For Sale

Property Information

Property:

Leasehold

Lease Terms:

The property is available on a new 25 year full repairing and insuring lease.

Premium: £50,000, payable on completion, to include all new fixtures and fittings.

Rent: stepped over the first five years – Year 1 £36,000, Year 2 £42,000, Year 3 £52,000, Year 4 £58,000, Year 5 onwards £67,500 per annum, reviewable thereafter.

Rent deposit: three months’ rent based on the headline rent of £67,500 per annum (£16,875).

Living Accommodation:

Owner’s/Manager’s Flat
A fully refurbished one-bedroom flat with private interior access, comprising a double bedroom with fireplace and hanging rail recess, a newly decorated sitting room, new white bathroom suite and new carpets and flooring throughout.

Location:

The King’s Head is a striking, part timber-framed and weatherboarded public house beneath a pitched, hipped tile roof, with tall brick chimneystacks and a traditional hanging pub sign. It occupies a prominent position on Church Street in the heart of the West Sussex village of Rudgwick, standing directly opposite the village’s historic parish church.

Rudgwick is an attractive and well-heeled village in the Weald, close to the Surrey/West Sussex border between Guildford, Cranleigh and Horsham. It has a strong, settled community, a well regarded primary school, a village hall, cricket club and shop, and direct access to the surrounding countryside via the Downs Link path, which runs through the village.

The wider catchment is notably affluent, taking in the villages of Cranleigh, Ewhurst, Alfold and Bucks Green, and within easy reach of Guildford, Horsham and the Surrey Hills National Landscape. It is well served by highly regarded schools, including Christ’s Hospital and a range of independent and grammar schools around Guildford and Horsham, and draws a strong resident and weekend population of families and country-pursuits visitors.

The King’s Head is unopposed as the only public house in Rudgwick, so a well-run operation is well placed to trade strongly with local custom throughout the week, supplemented by weekend and seasonal visitors making the most of its generous outside space. The market town of Horsham lies around six miles away, with Cranleigh some three and a half miles distant and Guildford around eleven miles away, both offering a wider range of shopping, schooling and mainline rail connections to London.

Business Operation

Competition / Market:

Unopposed – the only public house in the village of Rudgwick