01 August 2016

Popular leasehold pub for sale in Shoreham-by-Sea

Specialist property adviser Christie & Co has been instructed to sell the leasehold of The Crown & Anchor in the seaside town of Shoreham-by-Sea in West Sussex.

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A popular pub and restaurant fronting Shoreham’s High Street and backing on to the mouth of the River Adur, The Crown & Anchor briefly comprises a large trading area which is split into different sections; a main bar to the front of the property with bar stools and sofas, a separate pool table area, a further bar area, main restaurant seating up to 65 covers with a seated balcony area offering views over the river, commercial kitchen, office and large cellar.

On the first floor is a separate 40 cover function room and four bedroom owners’ accommodation, which is split over the first and second floor.

To the rear of the property is a large trade garden with a terrace which offers spectacular views of the River Adur whilst to the side is a parking area for five vehicles. The car park can be purchased from the current lessee via a separate transaction as a leasehold or freehold interest.

James Hughes of Christie & Co’s Maidstone office comments, “The business has been operating under the current ownership for the past eight years and has built up a good reputation amongst the local and wider community.

“The Crown & Anchor is an excellent property for someone looking for a well established business in an idyllic location”.

Christie & Co is seeking offers of £220,000 for the leasehold with an annual rent of £48,000.