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South Road, Newhaven, East Sussex, BN9

£380,000

Business rates & charges may apply

Sidney Phillips Limited, South East
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: Sui Generis

sui_generis_3

Key features

  • Residential location in Newhaven
  • Unique mid-terrace public house
  • Two traditional bar areas (44-60)
  • Large three bedroom accommodation
  • Trade courtyard (10)
  • Freehouse with loyal local following

Description

The Prince of Wales is situated in the East Sussex port town of Newhaven. The town lies in the Lewes District, at the mouth of the River Ouse. The town is known for its regular ferry services to the continent and is an important freight terminal. In 2021, the parish had a population of 12,854.

The town is an important employment hub in the area, boasting a large industrial and retail district housing retailers such as Sainsburys, B&Q and The Range, as well as a number of food production factories.

The Prince of Wales is situated on South Road, a residential street a short distance from the town centre. Despite being a residential area, South Road houses a fish and chip shop, kebab shop, convenience store and the town council offices.

The Prince of Wales is a two storey mid-terrace property, understood to have been built in the 1930's. The property is of brick construction under a pitched tile roof, with a unique green tile frontage with mock Tudor elevations above.

TRADE AREAS
- SALOON BAR: Presented with carpeted flooring, wood built bar servery, and flat screen television. Seating for 28.
- PUBLIC BAR: With pool table, dart board and two televisions. Seating for 16 with room for more standing.
- LADIES' TOILETS.
- GENTLEMEN'S TOILETS.
- GROUND FLOOR CELLAR.

OWNERS ACCOMMODATION
Located at first floor level and comprising:
- TWO DOUBLE BEDROOMS.
- DOUBLE BEDROOM with EN SUITE WC.
- LIVING ROOM.
- KITCHEN.
- UTILITY ROOM.
- SHOWER ROOM.
- WC.

EXTERNAL
- COURTYARD PATIO: With seating for 10.

Our clients have owned and operated The Prince of Wales for the past 25 years. It operates as a traditional wet only public house serving the needs of the local community. The business enjoys a loyal, local following who use the premises on a daily basis. The business is operated as a lifestyle business by the current owners, without the need for additional staff.

The Prince of Wales prides itself on its lack of fruit machines and jukeboxes, focusing on a true pub experience centred around good beer and talking.

The pub does benefit from both a pool and dart team.

There is scope for a new owner to further the business by increasing the current opening hours, which are reduced to suit the lifestyle of the seller. Current opening hours are:
Monday to Wednesday: 14:00-20:00
Thursday to Saturday: 14:00 until late
Sunday: 12:00-17:00

Further accounting details can be made available to interested parties following a formal viewing.

A full Premises Licence is held.

All mains services are connected.

Local Authority: Lewes District Council.

Rateable Value: £3,300 as of 01 April 2023.

FREEHOLD £380,000 to include goodwill and fixtures & fittings. Stock at valuation in addition. 

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

South Road, Newhaven, East Sussex, BN9

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newhaven Town Station0.3 miles
  • Newhaven Harbour Station0.3 miles
  • Newhaven Marine Station0.4 miles

About Sidney Phillips Limited, South East

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

These notes are private, only you can see them.

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