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IMPRESSIVE 19th CENTURY 100% WET LED TRADITIONAL FREEHOLD FREEHOUSE AVAILABLE FOR THE 1st TIME IN 35 YEARS LOCATED IN THE SOUGHT AFTER SEASIDE RESORT TOWN OF LITTLEHAMPTON, WEST SUSSEX

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  • Substantial 19th century community inn situated in the prime seaside location of Littlehampton.
  • Traditional Public Bar (circa 30) and a relaxing and inviting Lounge Bar (circa 20+).
  • Equipped Kitchen.
  • Good sized 3/4 bedroomed family accommodation.
  • Enclosed Garden and private parking facilities (1/2 cars).
  • Advised current turnover circa £100,000 (incl. VAT).
  • Trade derived from 100% wet sales. Undoubted potential for a catering orientated operator.
  • Operating on reduced trading hours.
  • Available for the 1st time in approximately 35 years.
A ONCE IN A LIFETIME OPPORTUNITY TO PROCURE AN ESTABLISHED, SOLID BUSINESS AND FAMILY HOME OFFERING MASSIVE GROWTH POTENTIAL


ASKING PRICE £395,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This superb business is located in the seaside resort town of Littlehampton. Located within the M23/A23 corridor having excellent road communications providing easy access to the M23, M25, M27 and M3 motorways making this superb location an extremely popular commuter area for the major motorways and the major international airports of Gatwick and Heathrow. The seaside town of Littlehampton is also within the catchment area of many similar affluent villages and towns in addition to being situated close to Chichester, Arundel and the coastal resorts of Worthing, Brighton, Hove and Bognor Regis and is also approximately only 20 minutes from the Goodwood Racecourse making this superb inn ideally situated to attract trade from these nearby surrounding towns and villages.

An enviable place to reside and compelling business opportunity.

THE PROPERTY

Main entrance at the front leading into the lobby with access into the Public Bar and Lounge Bar.

Public Bar (circa 30) is a traditional room having a feature return bar servery with a solid polished counter, glass gantry above and a matching back fitting with trade optics and refrigerated bottle coolers (not tested) which is complemented by solid polished tables, upholstered chairs, fixed perimeter seating and bar chairs. There is also a billiards table with lighting over, a darts throw and a digital games machine.

Lounge Bar (circa 20+) ) is a versatile and inviting room exuding a relaxing ambience, having a return bar servery with a mirrored back fitting with trade optics and refrigerated bottle coolers (not tested) which is complemented by a range of loose polished tables, upholstered chairs and upholstered mini stools.

Adding to the charm and character of the room is the feature open fireplace (currently unused) and the lovely part panelled walls.

Catering facilities include an equipped Kitchen which requires refitting with stainless steel commercial appliances and preparation surfaces (appliances not tested).

Ground Floor Cellar with delivery access, pumps and cooler.

Ladies and Gents W.C’s.

OWNERS ACCOMMODATION

Situated on the 1st floor, being of a good size briefly comprises: 3/4 bedrooms, lounge and bathroom.

EXTERNAL

There is a lawned Beer Garden at the rear which is currently used for personal usage by our clients. Private parking facilities for circa 2 cars.

Small seating area at the front with tables and chairs.

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 – Saturday – 10.00am – 11.00pm

Sunday – Midday – 10.30pm

The current opening hours are as follows:

Monday – Saturday – 10.00am – 3.00pm & 5.30pm – 11.00pm

Sunday – Midday – 3.00pm & 5.30pm – 10.30pm

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 property and business is being offered for sale freehold (although we have not had sight of the title deeds).

We are advised that the inn benefits from all mains services (services not tested). Business rates payable are advised as being £0 per annum.

THE BUSINESS

Our vendor client operates this well-established business as a ‘husband and wife’ team on a full time basis with the assistance of a handful of part time/casual members of staff.

Trade is currently derived from 100% wet sales thereby providing immense scope for a new hands-on operator partnership with previous experience of running a catering orientated operation to take this business to even greater heights by focussing on a strategic and extensive marketing campaign to further promote the premises.

Advised current turnover circa £100,000 (incl. VAT).

This is a well-established business and in our opinion with the above areas of potential we would quite easily expect a fully focussed and fully committed operator to achieve a turnover well in excess of £200,000 (incl. VAT) per annum.

This is truly an incredible opportunity for either an owner operator to continue to build the business or for a commercial investor to enhance their existing portfolio.

The asking price reflects the current trading foundation, the location and quality of fixtures and fitting, and of course not forgetting that this is an extremely substantial freehold property.

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

Viewing appointments must be made by contacting Guy Simmonds at sales@guysimmonds.co.uk.

Details Prepared: March 2020

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