The pub occupies a corner plot in Hove and is a short walk away from the Seven Dials area and is surrounded by a mix of flats and houses and is surrounded by several schools. The pub has been in the current vendor’s ownership since 2019 and during this time has created an excellent goodwill and repeat trade. The pub runs a popular weekly quiz night and Sunday roasts. They have received excellent reviews on Trip advisor (4.5*), Facebook (4.8*) and Google reviews (4.5*). The business now only comes to the market due to the vendors wish to focus on other business opportunities.
- Asking Price:
- £20,000
- Turnover:
- £355,160
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Leasehold Type:
- Existing
- Lease Terms:
-
The premises is held on a full repairing and insuring 15-year lease at a current rental of £30,000 per annum (excluding VAT) and has 10 years currently remaining. The lease has the protection of the 1954 Landlord and Tenant Act.
- Leasehold Rent:
-
£30,000 per annum
- Location:
-
The pub occupies a corner plot in Hove and is a short walk away from the Seven Dials area and is surrounded by a mix of flats and houses and is surrounded by several schools
- Premises Details:
-
The pub has seating for 56 covers inside, with a further There are several seating areas throughout the ground floor with the bar being 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 are also separate male and female toilets located on the ground floor. The kitchen is located adjacent to the bar and has been fitted to a high standard with full commercial extraction and comes to the market with a wealth of trade fixture and fittings. The beer cellar is fitted with Heineken new ‘smart dispense’. Just off the kitchen is also a small office which includes the safe and access to the CCTV monitors. The building is fitted with CCTV and an alarm system throughout. The pub also has a yard area at the rear which is ideal for deliveries and bin storage.
- Energy Performance Rating:
- C
Business Operation
- Reasons for selling:
-
Other business opportunities
- Trading hours:
-
Tuesday-Thursday 5pm-11pm, Friday 4-12am, 12pm-12am on Saturday and 12pm-10pm on Sundays.
- Employees:
- 3
- Years established:
- 5
