Town House Bexhill On Sea

1 London Road, Bexhill On Sea TN39 3JR

  • Town House Bexhill On Sea
  • Town House Bexhill On Sea
  • Town House Bexhill On Sea
  • Town House Bexhill On Sea
  • Town House Bexhill On Sea
  • Town House Bexhill On Sea
  • Town House Bexhill On Sea

Town House Bexhill On Sea

Corner Plot Community Pub

The Town House is located in Bexhill-on-Sea, a seaside town situated in the county of East Sussex. The pub has an imposing corner plot in a nice square on the edge of the town centre. There are over 20,000 adults within one mile of the Town House and is surrounded by local offices, shops and residential homes.

The Town House is a great community pub known for its friendly atmosphere and love for live sports and entertainment. Food is served in the evenings creating an opportunity for the future operator to introduce day time food trade.

Experienced Community Pub Owner Needed

We are on the lookout for people that know how to build a great pub that is the heart of the local community. If you have experience embracing the locals building a community atmosphere in a pub and can drive trade through a strong drinks offer and sports and entertainment, then we want to hear from you.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally, there is a large trading are with an impressive bar servery to one side, and two areas of raised seating. There is a sports area with a pool table as well as a commercial kitchen that can cater up to 40 covers.

There is a large courtyard garden with an outside bar, terracing and a small covered smoking area. Works may be completed to create an all year round drinking space. There is also a car park at the rear of the pub.

Private Accommodation

The private accommodation is spread over two floors; the upper living is made up of the trading kitchen, then 4 bedrooms, a small private kitchen, lounge, bathroom and an office. There is separate access to the private area through a front door. As part of our promise to you, we will ensure your private accommodation is in good order from day one so that you can focus your energy on getting the business right.

Premises Licence Details

See premise license for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:30 - 00:30 10:30 - 00:30 10:30 - 00:30 10:30 - 02:30 10:30 - 02:30 10:30 - 02:30 12:00 - 00:00

Financials

Annual Rent £
27,250
Estimated Annual FMOP (Licensee Profit) £
30,574
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
339,624
Estimated Annual Barrelage
200

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
16,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
6,813
Rent In Advance £
524
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
31,532
Estimated Minimum Ingoing Costs £
13,466

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,920

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased