33 Steyne Road, Seaford, East Sussex, BN25 1HT
The Wellington is a beautiful building with huge potential. This is an exciting opportunity for an operator who would like to work with Greene King on a refurbishment scheme.
The layout means that you can have a great bar trade whilst maintaining a busy restaurant with letting rooms as a bonus. The right licensee will need to optimise each trading area driving the business forward. If you are looking for a pub that allows you to have a good wet trade whilst having the potential to present yourself as a great food house with letting rooms, then the Wellington is the ideal for you.
The Wellington has 3 distinct areas a sports bar, lounge bar and restaurant/ breakfast room (with small bar). The sports,lounge bar and restaurant offer a traditional pub atmosphere with open fires and views out across the sea.
|Rooms to let||4|
The private accommodation is large and spacious with 3 large bedrooms, a kitchen, living room, bathroom and a roof terrace. There is ample room for a family to live. Alongside this there are several offices and accommodation for the night porter or staff.
|Weekly rent||£0 per week fixed|
The Annual Rent is to be confirmed.
Entry costs approx £41,650 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). Please note that the Fixtures and Fittings may be available on an assisted purchase. Minimum entry cost - £26,650
|Fixtures & fittings||£20,000||Working capital||£10,000|
|Other costs||£4,000||Total entry cost||£41,650|
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)|
Seaford is a beautiful coastal town in East Sussex, on the South coast of England. Lying east of Newhaven and Brighton and East of Eastbourne, it is the largest town in Lewes district, with a population of about 23,463