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Smugglers Inn, Pevensey

High Street, Pevensey, East Sussex, BN24 5LF

The Smugglers Inn is a large, family friendly pub & restaurant located in the historic cinque port of Pevensey, East Sussex.

 

Key features

  • Large family friendly pub & restaurant 
  • Great location close to the local castle, church and holiday parks
  • Large gardens with childrens adventure playground and separate beer garden
  • Refurbished customer car park
  • Public bar for 50 covers
  • Restaurant dining room / private event room for 55 covers 
  • Potential to create B&B facilities on site
  • Available February 2019

Floorplan

Dating back to 1527, the Smugglers Inn is a large, family friendly pub & restaurant located in the historic cinque port of Pevensey, East Sussex.

Just 5 miles North of Eastbourne, the Smugglers boasts a great central location within walking distance from Pevensey Castle and it is near by to the local church, campsites and holiday parks.

The garden is a real focal point at the Smugglers with a children’s adventure playground and bouncy castle, an outdoor stage area and a separate beer garden for alfresco dining. You will also find a recently refurbished pub car park with parking for approximately 25 cars.

Internally the Smugglers houses a relaxed public bar area with a feature bar servery, oak beams and open fires, together with a private restaurant come event room for a further 55 covers.

There is always something going on at the pub, to include darts twice a week, jam nights, live music indoors or outside on the live stage, coach groups, private parties, weddings and events.

The live in accommodation is a good size, but for the right operator the two en-suite bedrooms could also present the incoming tenant the opportunity to re-introduce bed & breakfast back in to the business.

Available February 2019, the Smugglers is a great business with a lot of potential, so contact us now for more information or to arrange a formal viewing.

BAR & RESTAURANT              

Feature bar servery with public lounge area and seating for approx. 50 covers. Private restaurant dining room for approx. 55 covers.

KITCHEN 

Trade kitchen with a utility area.

OUTDOOR & PARKING

Large garden with a children's adventure playground at the back of the property and a separate beer  garden. Outdoor stage area. Refurbished customer car park for 25 cars.

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Repair scheme
+ monthly payments £50
£1000
Inventory£18000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£3500
Working capital£6000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£35000

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£35000
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

Year 1Year 2Year 3
Per anum£TBA£TBA£TBA
Per week£TBA£TBA£TBA

Council tax

Band B

Non Domestic Business Rates

NON DOMESTIC BUSINESS RATES 2018/2019

RATEABLE VALUE - £30,250

MULTIPLIER 2018/2019 - 0.480

ESTIMATED RATES PAYABLE - £11,209.85

- TRANSITIONAL RELIEF APPLIES AT THIS SITE (For more information, please contact the local authorities)

  • As at the time of publishing, the estimated rates payable, are based upon the assumption that the tenant occupies the maximum of one pub and therefore qualifies for small business rates relief
  • We have also applied the relevant multipliers and estimated transitional relief where applicable
  • The above calculations are estimations only and as rateable values are  subject to change, we would recommend that the prospective new  tenant checks the rates payable and any other relief prior to completing a financial plan
  • Please note that we have not yet applied The Governments Pub relief of £1,000 on rates payable as many councils have yet to confirm

 

Trading information

Trade

Year ending 30 June

2018 2017 2016 2015
All beer and cider
Barrels
96 111 101 104
Wine
Gallons
477 543 544 630
PPS
Gallons

Premium packaged spirits (eg WKD)
7 10 9 18
Traditional Spirits
Gallons
24 36 35 32
Minerals
Ready to drink litres
4898 5664 5298 6095

Estimated food turnover

£3,500 per week approximately

Shepherd Neame has no access to the tenant's food turnover figures. Please note this figure is estimated as accurately as possible at time of publishing.

Licence information

Hours authorised by the premises licence

Supply of alcohol, background music and provision of late night refreshment.

Sunday - Thursday - 10.00 - 00.00
Friday - Saturday - 10:00 - 01:00

Open to the public

Sunday - Thursday - 10.00 - 00.30
Friday - Saturday - 10:00 - 01:30

Live music

Monday - Sunday - 10.00 - 23.00

Agreement Overview

  • This pub is being offered on a traditional rolling tenancy agreement that is subject to a five year rent review
  • This agreement is covered by the ‘Landlord & Tenant Act’
  • This is a fully tied agreement across all beer, cider, wine, PPS, spirits and minerals
  • Any deviation from the standard terms outlined above should be discussed at interview stage with your designated Business Development Manager
  • Please note that we require all licensees to pass the Pre-Entry Awareness Training Course (PEAT) a minimum of five days before you can attend a formal shortlist interview with us. Please ask us for more information about PEAT if required
  • You can see our code of practice at the top of this page