65 High Street, Rottingdean, East Sussex, BN2 7HE
Fantastic opportunity in the coastal village of Rottingdean for an experienced operator to take over this established business.
As the oldest pub in Rottingdean, the Black Horse is a traditional village site. Recently refurbished, the pub is decorated based on Rottingdean's strong history of smuggling - of which the Black Horse was most definitely a key component! The pub consists of a main bar and dining area featuring an old log burner and a second bar which has been refurbished to represent the pubs history. There is also a small snug area which is located in the oldest part of the building and sits upon the original smugglers tunnels.
The Black Horse is a fantastic opportunity for an experienced operator to take over this established business. The food offer is an essential part of the business and applicants need to have extensive kitchen experience and be capable of producing quality home cooked food to sit alongside a specials offering, which forms a unique selling point for this site. Currently offering regular quiz nights, live singing and cabaret at weekends the Black Horse has an atmosphere that appeals to a variety of customers. The prospective applicants must be prepared to be a part of the local community and the driving force in promoting local events.
Two bar site with separate trading areas, and additional small snug to the front of the site with comfy chesterfield arm chairs. A well positioned trade kitchen, store room and toilets. The cellar is ground floor.
The living accommodation comprises of 1 double bedroom and a lounge, bathroom and toilet. Small but cozy and well maintained.
|Annual rent||£40,000 per annum|
|Weekly rent||£769.23 per week fixed|
£40,000.00 per annum, £769.00 per week fixed and subject to RPI (tracker capped at a maximum of 4.75% on the anniversary of the agreement) paid weekly by direct debit
Approx £35,650 which includes fixtures & Fittings , Stock, Glassware, Crockery, fuel and cleaning materials, legal, brokers fees, rent in advance, training fees and deposit.
|Fixtures & fittings||£18,000||Working capital||£5,000|
|Other costs||£5,000||Total entry cost||£35,650|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
The site is set in the picturesque coastal town of Rottingdean a 10 minute car journey from Brighton. The site is 5 minutes walk from the sea, located in the high street on one of the main roads into the town. To the North East you have the town of Lewes which has a good rail link into the surrounding areas. This site is very much the heart of the community, popular with locals and tourists alike. There are competitors within the village however none that has the same unique offer like the Black Horse.