Property photos
From
£55,000 pa
(£32.41/sq. ft. pa)
Room to let
Village, 129 Islingword Road, Brighton BN2Local area information
Property location
Nearby amenities
- Fairlight Primary School 0.2 miles
- Kings Brighton 0.3 miles
- London Road (Brighton) 0.5 miles
- Brighton 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Brighton to find out more about the local area.
Features and description
- Leasehold
Description
Comprising a free of tie public house on the ground floor with kitchen & storage in the basement. There is 80 covers internally with a further 20 externally on a decking area. In addition to the commercial element there is a 6 room HMO situated on the upper floors accessed from the rear which produces an income of £4500 per calendar month. The property benefits from both alcohol licences for both o & off sales as well as for the performance music & performance of dance.
Location
The property is located on the corner of Islingword Road & Coleman Street in the densely populated Hanover area to the east of Brighton City centre. Brighton racecourse is a few minutes walk to the east whilst Brighton Station, The seafront & the city centre are all within walking distance.
Terms
Offers are invited in the region of £150,000 for the lease, goodwill & fixtures & fittings. We are advised that the landlord will offer a potential tenant a new full repairing & insuring lease for a term of 10/15 years at a rent of £55,000 per annum payable quarterly in advance. The pub currently trades mon-sun 8.30-11pm & midnight on Friday & Saturday. The current turnover is in the order of £10,000 per week not including the income from the HMO or the income from the kitchen franchise which we understand to be an additional £30,000 per annum.
Aml
Interested parties will be required to provide passport/ driving licence & proof of address to proceed. Where a company shareholders that have an interest of 25% or more will also be required to.
Floor plans and tours
Floor plans (2)
2 floor plans available
View the floor plans to understand the space and layout of this property.
More information
Listed by
Eightfold Property - Brighton
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