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Thatched Inn

Grand Avenue, Hassocks, West Sussex BN6 8DH
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Ref: 8856004
LeaseholdOIEO £110,000
Annual Rent£72,000

Conditions of sales

The premises are held on the remainder of a Brakspear 25-year full repairing & insuring lease from 1999, at a passing rent of c.£72,000 + VAT per annum.

Contact Our Agent

Richard Wood
Richard WoodRegional Director – Pubs & Restaurants
+44 7778 880 583richard.wood@christie.com

At a glance

  • C.95 covers
  • Car park for c.40 cars
  • C.50 external covers
  • 3-bedroom owners' accommodation
  • Village location
  • Energy Rating B
View full details Thatched Inn
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Thatched Inn
Grand Avenue, Hassocks, West Sussex BN6 8DH
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Ref: 8856004

Thatched Inn

Description

Built in the 1950's, the Thatched Inn - a food-led pub - is found nestled at the foot of the South Downs with spectacular views over the Sussex countryside to the Ditchling Beacon.

Location

The pub is located in the attractive village of Hassocks, seven miles north of Brighton. Ideally situated, the village has both road and rail links to London and the Sussex Coast. There is railway station in the village with Thameslink and Southern providing regular trading services to Brighton & London.

Internal Details

There are three separate areas on the ground floor - the restaurant, bar and public bar. The restaurant can cater for circa 55 covers and the bar circa 40 covers. The public bar has a dart board and pool table. There is an overhead height basement cellar below.

Fixtures & Fittings

We have been advised All trade fixtures and fittings will be included in the sale and our clients will provide a trade inventory.

External Details

There is a trade garden to the rear for circa 40 covers, with further outside seating to the front of the premises and there is also a private garden for the owners. To the front of the property is a large car park (circa 40 spaces).

Owners Accommodation

There is spacious accommodation situated on the first floor of the property, accessed via a separate entrance, consisting of two double bedrooms, a single bedroom/office, lounge/diner, kitchen with utility room and a bathroom with separate toilet.

The Opportunity

Our clients have owned the business for the last 10 years and are selling to enable them to spend more time with their young children. The premises is held on the remainder of a Brakspear 25-year full repairing & insuring lease from 1999, at a passing annual rent of circa £72,000 + VAT and subject to five-yearly rent reviews. The lease is partially tied on all draught beer, bottled beer and cider. The current tenants have been informed by the landlord that a new tenant will be given a new 10-year lease.

Staff

The business is owner operated, with the help of both full time and part time staff.

Trading Information

Full trading information will be made available, following a formal viewing. Loan available via Christie Finance (subject to status).

Trading Hours

The business currently operates seven days a week and is open all day. Food service times are: Monday to Saturday: 12 noon - 2.30pm & 6pm - 9pm Sunday: 12 noon - 2.30pm & 6pm - 8.45pm

Business Rates

The business rateable value from 1 April 2023 is £38,000. It is not what you will pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.

Regulatory

Premises Licence.