Asking price £240,000
Well known Hastings bar for sale through us Whistle Trago £240,000 Leasehold.
- Hastings Old Town
- Bar and Music Venue
- 15 Year LTA 54 Lease
- Rent just £21,000 P/A
- Fully Soundproofed
- Cafe Culture
- Quirky and Popular
- Recently Refurbished
- Kerbside appeal
- Reference: K090820L
- Type: Public House
- Status: For Sale
Hastings is a seaside town and borough in East Sussex on the south coast of England, 24 mi (39 km) east to the county town of Lewes and 53 mi (85 km) south east of London.
The town gives its name to the Battle of Hastings in 1066.
In the 19th century, it was a popular seaside resort, as the railway allowed tourists and visitors to reach the town.
Today, Hastings is a fishing port with the UK's largest beach-based fishing fleet.
It has an estimated population of 92,855 as of 2018.
George Street is a lovely opportunity to enjoy antique shops, books shops, Café and bar options, it is a popular zone in Old Hastings with all the companion businesses nestling well together.
Beautiful old buildings and lots of great bars, restaurants and coffee houses. Has a real buzz in the evenings.
First floor bar with cellar bar below, the kerbside appeal is very strong with covered seating area as part of the frontage to showcase the offer.
Recently refurbished by our clients, even the Ladies and Gents cloakrooms are quirky.
External area usually offers seating for circa 20 guests.
Ground Floor bar usually offers seating and space to accommodate circa 30+.
The Deep Blue Cellar Bar offer capacity for 60 guests.
Popular venue on the Hastings Old Town circuit, this business has been owned and run by our client the vendor for over 15 years.
Serving a staple offer of Coffee and Panini's throughout the day and speciality drinks and live music by night.
Turnover has remained strong throughout their time at the helm at circa £390,000 p/a.
It is time for new owners to pick up the baton, a new 15 year lease will be created (LTA '54) along the same lines as is currently being operated.
£240,000 premium to include goodwill and Fixtures and Fittings.
15 year Landlord and Tenant Act '54 protected FRI lease from day of take over.
Rent is just £21,000 P/A
An early discussion about finance can often save time and disappointment, talk to LLH Solutions about securing independent financial advice from one of our solution partners.
Strictly by appointment with the vendors sole selling agents. Tel: 01780 435072 Email firstname.lastname@example.org You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.