99 Station Road, Polegate, East Sussex, BN26 6EB
An excellent opportunity for an experienced operator to run a quality site in the town of Polegate, with scope to develop a food offering that will not only appeal to the existing clientele but also the passing trade. A well positioned function room to the rear of the site is un-tapped potential waiting to happen.
The site sits just outside the centre of Polegate in a fairly densely populated area from which it draws a good local trade. The current trade is based round the community offering with a good games scene. Pool, darts & 'toad in the hole' to name a few lend themselves to strong team participation. There is also an excellent opportunity to create a value food offering, which will work well with the existing function room trade. The successful candidate will be able to show a proven track record in this area.
A one bar site with a lounge feel to the left hand side and a games public bar feel to the right hand side. The kitchen is situated at the rear of the main trade area, ideally located to serve the bar area and the function room that sits to the rear of the site. The function room is self supporting with a separate access to the side of the site, with its own toilets which are in addition to those that service the main trading area. To the front of the site there is good size patio area that is very popular in the summer months. Just to the side of the public bar there is a self contained smoking solution offering shelter to the elements.
The private accommodation is a good sized area.
|Annual rent||£26,560 per annum|
|Weekly rent||£510.77 per week fixed|
£26,560.00 per annum, £510.77 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit subject to credit check.
Approx £26,800 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, rent in advance, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent).
|Fixtures & fittings||£9,000||Working capital||£5,000|
|Other costs||£5,150||Total entry cost||£26,800|
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
•50/50 profit split of machines income
•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)|
Polegate is a small town (population 8000) situated 5 miles from the centre of Eastbourne, on the Sussex Coast and 4 miles south from the ancient market town of Hailsham and lies at the junction of the busy A22 main Eastbourne to London road and the A27 Folkstone to Honiton Trunk road.