Freehouse Pub in central Brighton with 2am Licence & Profitable 10-Bedroom HMO. The freehouse pub occupies a prominent corner plot in the centre of Brighton, close to several large hotels and close to the seafront. Brighton is one of the UK’s most popular coastal destinations, attracting millions of visitors each year and benefiting from a vibrant late-night economy. The premises also hold a 2am licence on Friday and Saturday nights, allowing the business to capitalise on the city’s busy weekend nightlife. The business has been under the current vendor’s ownership since 2022 and has undergone a full refurbishment, building a loyal customer base and achieving excellent online reviews (4.5★ on Google). The kitchen is currently sub-let to an independent operator, providing an additional income stream. The sale is due solely to the vendor wishing to focus on other business opportunities. The premises also benefit from a highly profitable 10-bedroom HMO above the pub. There is potential to reconfigure the accommodation into three self-contained flats, or alternatively explore uses such as short-term holiday lets, language school accommodation, or council temporary accommodation, subject to the necessary consents.
- Asking Price:
- £225,000
- Turnover:
- £402,300
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises is held on a full repairing and insuring lease. There is currently 17 years
remaining on the lease at a current rental of £65,000 per annum. Rent reviews to take place
every 5 years.
- Living Accommodation:
-
ACCOMMODATION: The pub also benefits from a 10-bedroom HMO with a separate kitchen and three bathrooms. The accommodation is currently configured as a mix of small HMO’s and private accommodation. The rooms are currently let individually and generate an additional £90,300 per annum in rental income. There is significant potential to reconfigure the accommodation to create three self-contained flats, or alternatively explore other options such as short-term holiday lets, language school accommodation, or council temporary accommodation, subject to the necessary consents.
- Location:
-
The freehouse pub occupies a prominent corner plot in the centre of Brighton, close to several
large hotels and close to the seafront. Brighton is one of the UK’s most popular coastal
destinations, attracting millions of visitors each year and benefiting from a vibrant late-night
economy.
- Premises Details:
-
The pub occupies a prominent corner position in the centre of Brighton and is arranged over the ground floor and basement, providing seating for approximately 60
covers. On entering the premises there is a spacious and well-presented bar area with 10 beer taps and under-counter drinks fridges. Adjacent to the bar is a fully fitted commercial kitchen, finished to a high standard and benefiting from a convenient service hatch. A small number of kitchen equipment items are excluded from the sale and a full inventory can be provided upon request. The cellar is located in the basement, where there is also a newly installed air conditioning unit, along with separate ladies’ and gents’ customer toilets. As part of the recent refurbishment the premises were upgraded with new three-phase electrics, and the property further benefits from a sound system and CCTV, making it well suited for both daytime and late-night trading.
- Planning Consent:
-
HMO - Licence
Business Operation
- Management type:
- This business has absentee ownership.
- Reasons for selling:
-
other interests
- Trading hours:
-
Thursday 4pm-10pm, Friday and Saturday 12pm-12am
and 12pm-8pm on Sunday. The kitchen is currently sub-let to an operator and trades Friday
5pm-9pm, Saturday 12pm-9pm and 12pm-6pm on Sunday
- Employees:
- 1 full time GM, 2/3 part time bar staff,
- Years established:
- 2
