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The Star Inn Sussex. Leasehold.
Location:
Attractive and large public house situated in the heart of the old town district
of Easbourne, very much a community house set amidst densely populated and mainly
private residential housing in this popular Sussex coastal resort, best accessed
from the A27 / A22 Polegate roundabout heading to Eastbourne on the A2270, the
Old town is signed on the outskirts of Eastbourne, premises are tucked away in
the back narrow streets and a good point of reference is the Waitrose Supermarket
as the premises are just off the Supermarket car park. Further referral to a town
map may be of assistance Trade areas:
Corner entrance to Public bar with traditional furnishings as set over un-carpeted
easily maintained floor area with raised stage set to the corner complete with
modern flat screen TV and PA system, entertainment and quiz nights are a feature
of this bar which is serviced by a fully equipped and integrated servery, access
off public areas to Gents and Ladies WCs. Further front of premises access to
cosy, large fully carpeted comfortable character Saloon bar with various lounge
style settles, extension of the integrated servery, again fully equipped services
the saloon bar area complete with two small utility rooms off the servery, further
access off Saloon to Ladies / Gents WCs. Access off public bar servery to chilled
beer cellar. Patio / Paved area to front which is part utilized as an external
drinking area. The premises are fully alarmed and include a modern multi camera
colour CCTV system. Gas fired central heating services the entire premises and
all main services are connected. Premises do not currently offer food; we are
however advised with some modification to the first floor this facility could
be considered Private Accommodation:
The private accommodation is extensive and is part situated over two floors, the
primary area, set over two floors consists of two bedrooms, lounge / dining area,
kitchen, laundry room, office, bathroom / WC. Secondary first floor inter communicating
area fairly described as a Managers flat consists of one single bedroom, lounge,
kitchenette, bathroom / WC. Private parking at this venue is somewhat limited
but with some modification to the external side yard / delivery area this facility
could be introduced. Trade: We are
advised yearly takings including shared machine income profit are £191.880.
Net of VAT with a combined GP of 55% GP. on these takings. Approx 15% barrelage
discount applies to beer supplies. These premises are free of tie regarding the
supply of wines, spirits, soft drinks and minerals. Accounts will be supplied
to serious enquirers. Tenure: 7 fully
assignable years remain on an original Unique Pub Co full repairing and insuring
lease with an option of a new full term nil premium lease with the landlords.
Rent: Rent: (Net) £18,720.00.
Pa. (Yearly index linked). Rent reviews are five yearly and the next review is
due in 2009 with further five yearly reviews thereafterafter. Rates:
We are advised the current net business rates payable are £5000.00.p.a.
Licence: :
New Premises licence is in effect and a variation of the
original permitted hours is in place with Friday and Saturday evenings extended
(9am 0.30am) and Sunday to Thursday (9am- 23.30pm) we are advised additional permit
for entertainment is attached to the premises licence. Price:
We are seeking serious offers near to £80.000.00 for the lease to include
full trade inventory, plus stock and glassware at completion, additional funding
will be required for some advance rent and legal fees. Viewing:
Discreet initial viewing of the public areas are requested, persons wishing to
view the accommodation should make an appointment via the agency on 01634 254408
who at this stage will discuss the requirements of the landlords.
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