Ideally located in the heart of Worthing, this beautifully presented pub offers a rare opportunity to acquire a thriving pub & kitchen in a central residential location - including three large bedrooms with direct sea views, a bathroom and an office. Occupying an enviable spot, the pub enjoys exceptional visibility, favourable goodwill from year-round footfall and is a well-known venue for fantastic food and live music. A feature of the business is heated outdoor seating to the rear easily seating 40 - and popular for gatherings and small parties - while the large south-facing front terrace maintains sunshine in summer until late - a major draw throughout the warmer months and a key factor to the pub's popularity. Internally, the pub offers a 'London feel' decor with vintage lighting and a wood-burning fire. Comfortable seating provides 75 covers inside. An instrumental part of the pub's success is the food offering - with Sunday roasts being touted as one of the best in town - and selling out frequently. The main menu consists of pub classics and specials created from all fresh ingredients. Successfully trading for almost 8 years, the business has established an excellent reputation with both locals and visitors, reflected in strong online ratings. Now offered for sale as the vendors pursue other ventures, this is a superb opportunity for an owner-operator or investor to acquire a well-established profitable free-of-tie pub in a prime, high-demand location.
- Asking Price:
- £125,000 Furniture / Fixtures included
- Turnover:
- £500K - £1M
- Net Profit:
- £50K - £100K
Property Information
- Property:
-
Leasehold
- Leasehold Type:
- New
- Lease Terms:
-
Brand new FOT lease available
- Leasehold Rent:
-
£55,000 per annum
- Living Accommodation:
-
Three large bedrooms, a bathroom and an office. All bedrooms have direct sea views. All in need of modernisation
- Location:
-
Central Worthing location on bustling Brighton Road, near local parks and 100m from the seafront
- Premises Details:
-
The impressive pub is in excellent condition throughout - just a short walk from the town centre and the beach
- Energy Performance Rating:
- E
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Three large rooms and a bathroom require updating slightly - but could easily be used for living accommodation for an owner-operator or to realise huge potential as Airbnb rooms.
- Competition / Market:
-
A pub and micropub in the vicinity that draws locals and visitors
- Reasons for selling:
-
To pursue other interests
- Trading hours:
-
12pm - 1am seven days per week
- Employees:
- 5 full time and 3 part time
- Years established:
- 8
Other Information
- Support & training:
-
Full training provided
- Furniture / Fixtures value:
- £10,000 - included in the asking price
- Inventory / Stock value:
- £8,000
