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.
Childplay areas
Dining areas
Garden
Kitchen
Patio
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
£25,000
Weekly rent
£481
Entry costs
£29,125
Turnover royalty
n/a
Forecasted Operator Turnover
£314,853
Forecasted Operator Profit (inc machine profit)
£24,791
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. Machine income free of tie.
Entry costs approximately £29,125.00, 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
£6,250
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
£29,125
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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 & 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2021 | 44 | 449 | 1,594 |
| 2020 | 139 | 422 | 3,382 |
| 2019 | 139 | 741 | 3,055 |
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
2
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
40
Trade Gardens
1
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
1
Function Rooms
0
Customer Car Park Spaces
12
Current Premises Licence 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
1
Dining Rooms
0
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
0
Bedsits
0
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
Rob Ayling, Business Development Manager
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