Alexandra Arms

453 Seaside, Eastbourne, East Sussex, BN22 7SA

A POPULAR PUB WITH AMPLE OPPORTUNITY FOR GROWTH

The Alexandra Arms is located at the heart of the local community and is a family friendly, traditional Pub. Great value food and drink are at the heart of the offer here, however regular live sport and entertainment make it great for meeting friends or family and socialising. The Pub has a traditional lounge bar setup, with sperate dining area. The site is well presented internally and has a lovely garden, as well as a car park and is ideally surrounded by many houses, meaning there is the potential for plenty of trade, at all times of the day.

Location

The Alexandra Arms is located on the outskirts of the seaside town of Eastbourne. Eastbourne is a town, seaside resort and borough in the non-metropolitan county of East Sussex on the south coast of England, 19 miles east of Brighton, with the pub being situated on the main arterial road near the large business parks that line the route into Eastbourne

Business Information

Annual rent

£26,000

Weekly rent

£500

Entry costs

£29,375

Turnover royalty

n/a

Forecasted Operator Turnover

£309,184

Forecasted Operator Profit (inc machine profit)

£25,303

Forecasted Operator Machine Profit

£6,000

Average Beer & Cider Discount*

£72

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Standard Tenancy Agreement A fixed 5 year term agreement

Entry costs approximately £29,375.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures and Fittings are valued at approximately £15,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period

Deposit

£6,500

Fixtures & Fittings

£15,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£29,375

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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 139 422 1,382
2018/19 139 741 3,055
2017/18 162 1,064 3,445

The large lounge bar leads through to a separate dining area by way of a very light and bright conservatory which is located to the rear of the pub facing garden. A central bar connects all trading areas and there is a well equipped commercial kitchen also located on the ground floor, with a large cellar situated under the central bar. There is a spacious car park (12 spaces) along with ample street parking.

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

40

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

Yes

Function Rooms

No

Customer Car Park Spaces

12

Current Premises License Opening Hours

Sun - Thu: 10:00-00:00
Fri - Sat: 10:00-01:30

The private accommodation consists of 3 large bedrooms, a lounge, a kitchen and a bathroom / toilet.

Private Rooms

7

Lounge

Yes

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

I am looking for a new operator for the Alexandra Arms, which is well positioned to take advantage of a large residential area, also commercial offices, light industry and multi-retail sites. An individual with business building skills, energy and enthusiasm will be sought to develop this opportunity further. If you think you have what it takes, please contact the recruitment team

Andre Quibell, Operations Manager

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