EAST SUSSEX - HIGH QUALITY GASTRO PUB WITH EIGHT LETTING ROOMS

LEASEHOLD £95,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. A new lease will be granted on the following terms: TERM: Up to seven years LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954 ASSIGNABILITY: Fully assignable subject to Landlord’s consent BOND: A bond equivalent to three months’ rent in advance plus personal guarantors if the lease is taken as a Limited Company RENT: £50,000 per annum, paid monthly in advance RENT REVIEW: Subject to rent reviews at a frequency to be agreed, dependent on length of lease. Reviews will be at Open Market Rent or RPI, whichever is the greater REPAIR LIABILITY: Full repairing and insuring lease agreement TIE: Free of all trade ties INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent VAT: VAT will not be payable on the Premium and rental payments No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

- BAR: A two-tiered trade space with wood-built bar servery and comfortable seating for 23. - LOUNGE: A comfortable trade space providing seating for 15. This has historically been used as a restaurant providing for 20-25 covers. - RESTAURANT: With booth and loose seating for 25-30. Also utilised as a breakfast room. - GENTLEMEN'S TOILETS. - LADIES' TOILETS. - TRADE KITCHEN: A deceptively spacious area equipped with a range of commercial facilities including double deep fat fryer, six burner range cooker, rational oven, salamander, hot pass and undercounter fridges. - WASH-UP AREA and STAFF WC. - LARGE BASEMENT CELLAR: Divided into three rooms. OWNERS ACCOMMODATION Located at second floor level comprising: - LIVING ROOM and KITCHEN. - DINING ROOM/UTILITY. - TWO DOUBLE BEDROOMS. - SHOWER AND WC ROOM. LETTING ACCOMMODATION The property benefits from eight superbly appointed LETTING BEDROOMS located at first floor level. Access is provided from the bar or via a separate entrance to the side of the property. All rooms offer either king size, double bed or twin beds. There is also a LAUNDRY STORE ROOM offset. EXTERNAL - CAR PARK: With space for 20 vehicles. - SIDE PATIO and GARDEN: Part covered, providing seating for 40-50. - TRADE YARD: With two barn storage areas housing stainless steel double upright fridges and freezers.