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IMPRESSIVE 20th CENTURY TRADITIONAL VILLAGE INN/HOTEL WITH 14 LETTING BEDROOMS SITUATED IN THE HIGHLY DESIRABLE SOUTH DOWNS LOCATION OF WOODINGDEAN, EAST SUSSEX

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  • Situated approximately 2.5 miles from the coastal resort of Brighton and approximately 1 mile from the Brighton and Hove Albion football stadium.
  • Welcoming Lounge Bar (circa 20+), versatile and multi-functional Public Bar (circa 50+) and a relaxing Restaurant (circa 45+ covers) with delightful views.
  • 14 highly impressive Letting Bedrooms.
  • 2 Bedroom Static Caravan included.
  • Fully equipped Commercial Catering Kitchen.
  • Advised current turnover circa £600,000 (incl. VAT).
  • Trade split circa 45% wet sales, 35% accommodation and 20% food sales. Undoubted potential for catering/functions orientated operators.
  • Enterprise Inn renewable lease.
  • AVAILABLE FOR THE 1st TIME IN 14 YEARS
A TRULY GOLDEN AND EXTREMELY RARE OPPORTUNITY TO PROCURE AN ESTABLISHED AND SUCCESSFUL LIFESTYLE BUSINESS OFFERING TREMENDOUS GROWTH POTENTIAL

ASKING PRICE £145,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This outstanding business can be found in the highly sought after South Downs village of Woodingdean in the beautiful county of East Sussex and can be easily reached from the A27 near Falmer. Located within the M23/A23 corridor, having excellent road communications providing easy access to the M23, M25 and M20 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Gatwick and Heathrow. Woodingdean is also within the catchment area of many similar affluent towns and villages in addition to being situated close to the coastal resorts of Brighton, Pevensey Bay, Eastbourne, Bexhill, Hastings and Worthing making this superb business ideally situated to attract trade from the nearby surrounding towns and villages. An enviable place to reside offering a compelling business opportunity.

THE PROPERTY

This substantial and impressive inn occupies an excellent prominent and easy accessible trading position. There are two entrances at the front leading into the Lounge Bar and the Public Bar.

Public Bar (circa 50+) is a good sized versatile and multi-functional room, ideal for a variety of functions including weddings, wakes and private parties etc. There is a Hotel Reception counter and access through to the Public Bar which has a feature return bar servery with a solid polished counter and a matching back fitting having trade optics and refrigerated bottle coolers (not tested). The room is furnished with a range of loose polished tables, upholstered chairs, a comfortable leather sofa, leather tub chairs and upholstered bar chairs. Adding to the charm of this room is the feature open fireplace. There is also a darts throw and a pool table. Access through to the Beer Garden.

Lounge Bar (circa 20+) exuding a wonderful welcoming and inviting ambience, having a return bar servery and is furnished with a range of loose polished tables and upholstered chairs. There is also a leather sofa and leather tub chairs. Access to through to the Restaurant.

Restaurant (circa 45+ covers) being of a good size, exuding a delightful and relaxing dining ambience and having wonderful views towards the coast over the lovely South Downs. The room is well furnished with an eclectic range of solid polished tables and a mix of upholstered chairs. There is also a Carvery Area.

Catering facilities include a good sized fully equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). There is a Wash-up Area and a Freezer Room and a Walk-in Chiller.

Lower Ground Floor Cellar with dray drop, pumps, pythons x3, tilt racks, post mix and cooler.

Ladies and Gents W.C.'s x2 sets.

LETTING ACCOMMODATION

Situated on the 1st floor and briefly comprises: 14 bedrooms. There is also a Laundry Room.

N.B. Agents Note: There is also a 2 bedroomed Static Caravan included in the sale and there is the possibility of converting 3 of the letting bedrooms to a self-contained apartment for private use if so desired.

EXTERNAL

There is a lawned Beer Garden at the rear with timber picnic benches and a covered designated smoking area. There is also a seating/drinking area at the front with timber picnic benches. Patron's car parking facilities for circa 45+ cars.

TRADING HOURS

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday - Thursday - 10.30am - Midnight

Friday & Saturday - 10.30am - 01.00am

Sunday - 10.30am - 11.30pm

The current opening hours are as follows:

Monday - Saturday - 08.00am - 11.00pm

Sunday - 09.00am - 11.00pm

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House

GENERAL REMARKS

The business is offered for sale as a lease assignment with approximately 6 years remaining of the Enterprise Inns full repairing and insuring, renewable agreement. We are advised that the inn is 'part tied' to beer and lager only. We are informed that the rent is currently circa £64,000 per annum. We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium - subject to the provision of the Landlord & Tenant Act 1954. We are advised that the inn benefits from all mains services and uses gas fired central heating (no services seen or tested). Business rates are advised as being circa £17,000 per annum.

THE BUSINESS

Our vendor clients operate this excellent business as a 'husband and wife' team on a part time basis with the assistance of 6 full time and 8 part time members of staff. Trade is currently derived from circa 45% wet sales, 35% accommodation sales and 20% food sales. Whilst emulating the current business model; there is still immense potential for a new full time hands-on owner operator partnership with previous experience of running a catering/functions orientated operation enabling them to take this business to the next level by exploiting the obvious food potential that is to be found here. There are many additional areas of potential to increase sales and profitability by implementing a strategic marketing campaign to utilise the premises for private parties, wakes and functions etc which would have an incredible positive impact on the turnover and profits. Advised current sales are circa £600,000 (incl. VAT). This popular village inn is a well-established and successful business and in our opinion with the above areas of potential we would quite easily expect fully focussed and fully committed operators to achieve a turnover well in excess of £700,000 (incl. VAT).

Accounting information will be made available to interested parties after viewing.

This business was viewed by Martin McConnell who would be delighted to discuss further details and can be contacted on 07970 213549.

Viewing appointments must be made by contacting Guy Simmonds on 01332-865112.

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