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Flying Fish, Newhaven

Denton Road, Newhaven, East Sussex, BN9 0QB

Set just off of the B2109 Newhaven to Lewes road, the Flying Fish is a country pub and restaurant nestled in the small village of Denton, East Sussex.

 

Key features

  • Charming village pub and restaurant 
  • Recent external redecoration and addition of outdoor seating to front of property
  • Multiple trade areas, with snug and restaurant dining space for 26 covers
  • Great gardens to rear of property 
  • Customer car parking 

 

Floorplan

Set just off of the B2109 Newhaven to Lewes road, the Flying Fish is a country pub and restaurant nestled in the small village of Denton, East Sussex.

Following its recent external redecoration and the addition of further outdoor seating, upon viewing you will find this white washed 17th Century Inn in great order throughout.

The Flying Fish houses a feature bar servery with multiple open plan trade areas to   include a main bar area, side bar, a snug and restaurant dining space for approximately 26 covers.

During the warmer months the large secluded garden and decking area is a  hit with the customers locally and it also allows you to cater for alfresco dining. There is adequate customer car parking to the front of the property.

The Flying Fish is popular as a destination dining site but it also benefits from strong support from its local community. The pub often plays host to local weddings, parties, music, jazz and event nights.

Shepherd Neame is looking for experienced and food loving tenants that can re-establish the Flying Fish as a popular drinking and dining spot in Denton. Please contact us for more information.

BAR & RESTAURANT

Feature bar servery with open plan drinking & dining space, snug and restaurant dining area for approx. 26 covers.

KITCHEN

Well equipped trade kitchen with a new cooker and griddle.

OUTDOOR & PARKING

Large trade garden with decking area at the back of the property. Customer car parking to the front of the property.

PRIVATE ACCOMMODATION

Three bedrooms, lounge and bathroom

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Dilapidations
+ monthly payments £50
£100
Inventory£15000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£3000
Working capital£5000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£30500

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£30500
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

Rateable Value 2018 - £19,250

Multiplier – 0.466

Estimated Rates Payable 2018/19 - £6,264

  • 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

2015 2016 2017 2018 (July-Dec 2017)
All beer and cider
Barrels
99 81 78 39
Wine
Gallons
352 347 221 108
PPS
Gallons

Premium packaged spirits (eg WKD)
0 0 8 20
Traditional Spirits
Gallons
30 32 35 27
Minerals
Ready to drink litres
3267 2093 2351 2046

Estimated food turnover

Currently £800 - £1,100 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 - 01.00

Live music

Monday - Sunday - 10.00 - 00.00

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