cabin - wellingtonpubcompany.co.uk · 169 elmer road, elmer sands, bognor regis, west sussex po22...
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Cabin 169 Elmer Road, Elmer Sands, Bognor Regis, West Sussex PO22 6JA
File Ref: S-716599
Tenure To Let – New Free of Tie Lease Price Nil Premium
Kate Dowd Associate
01273 429500
SOLE SELLING RIGHTS
· Densely populated residential area close to Elmer Sands Beach
· Bar, dining and pool areas · Extensive private accommodation · ‘Suntrap’ south facing customer patio to front · Large car park
File Ref: S-716599
Cabin 169 Elmer Road, Elmer Sands, Bognor Regis, West Sussex PO22 6JA
Location
Elmer Sands is a popular suburb of Bognor Regis with its’ own beach. It lies just 5km east of Bognor Pier. The area is popular with holiday makers and is also a densely populated residential area.
The Cabin is popular throughout the summer due to its large patio to the front and car parking facilities. In the winter months the local community are hugely supportive of the Cabin and there are numerous local events taking place on a weekly basis.
Description
The property is a predominantly two storey detached brick built building with some white lap board cladding to front and some single storey extensions to side and rear.
The property benefits from extensive open plan dining, seating and bar areas with extensive ancillary accommodation including a commercial kitchen, stores, office and upland beer store. There is a large customer patio to the front of the property and to the side a large car park (c. 40) for use by patrons.
NB. Please note, the car park included is held on a separate title and is not shown on the plan above.
Google © Copyright (2019). All rights reserved.
Ordnance Survey © Crown Copyright (2019) All rights reserved. Licence number 1000047722.
File Ref: S-716599
Cabin 169 Elmer Road, Elmer Sands, Bognor Regis, West Sussex PO22 6JA
Viewing
Strictly by appointment only through Fleurets. Please call the South office on 01273 429 500. A viewing as a customer is recommended in the first instance.
Trade
No trade is warranted or sold. The Cabin has most recently been operated as a traditional public house drawing on trade from the local community year round and is very popular with holiday makers during the summer season. There is therefore ample opportunity to develop the supportive local community business and develop the food trade to encourage holiday makers to stay longer or return in the evenings.
Accommodation
Ground floor Open plan bar, dining areas and raised pool area. Part carpeted, part laminate flooring.
Raised pool area, laminate flooring, painted beams to ceiling.
Longitudinal bar servery with extensive back bar fittings.
Separate office to one end
Ladies and gents customer toilets - fully tiled. Preparation area/laundry room with boiler that serves the whole building.
Catering kitchen featuring extraction, wash up area, quarry tiled floors and some stainless steel work surfaces. (Currently there is no food trade except some low level snacks for events only.)
Storage area for gas bottles etc leading to rear yard.
Cold store leading to double doors to rear for deliveries. First floor Accessed via rear yard up fire exit stairs to first floor decked patio.
Patio leads into lobby area with guest room off. Shower room with WC, dining area, large double bedroom, large wardrobes/storage. The main accommodation comprises three large double bedrooms, large lounge and kitchen off as well as shower room, W.C and family bathroom.
External Extensive paved customer patio with picnic benches, smoking facility
Rear yard
Car park - enclosed for circa 40 cars. Split by access road to residential area behind
Private car parking to left of pub for (2/3 cars.
Tenure
A new free of tie lease to be offered on a 20 year full repairing and insuring basis. The guide rent is £35,000pa. The rental will be subject to 5 yearly, upward only, rent reviews along with annual RPI indexation.
Minimum Capital Required
Applications must be able to demonstrate a minimum capital of approximately £60,000 to cover Stamp Duty Land Tax, a quarters rent, insurance, legal fees, working capital, security deposit and fixtures and fittings.
Application Procedure
Applicants are requested to complete a Criterion Asset Management application form and provide a business plan, cash flow forecast and evidence of funding prior to interview. To obtain an application form, contact Fleurets on 01273 429500.
Further Information
1. The lessee will be responsible for a contribution of £1,500 towards the landlords reasonable legal costs. 2. All prices quoted and offers made shall be deemed to be exclusive of VAT and VAT will be added where application. In most cases VAT is reclaimable. Prospective purchasers should consult their accountant for advice in this respect. 3. Three months rent deposit will be required including an amount equivalent to VAT.
File Ref: S-716599
Cabin 169 Elmer Road, Elmer Sands, Bognor Regis, West Sussex PO22 6JA
Licence
A premises licence prevails, the main licensable activities being:- Sale by retail of alcohol for consumption on and off the premises: Monday - Sunday 07:00am - 00:00am
Business Rates & Council Tax
The property is in an area administered by Arun Council. The 2017 Rateable Value has been assessed at £22,600. The domestic accommodation is within Band C for council tax purposes.
Planning
We have made enquiries with the local authority and can confirm the property is not listed and not within a conservation area but is listed as an Asset of Community Value (ACV). For further information please contact the local authority.
EPC
An Energy Performance Certificate is being prepared by our client and will be made available to prospective purchasers in due course.
Services
We are informed that the premises benefit from all mains services as well as CCTV and fire alarm.
VAT
All prices quoted and offers made shall be deemed to be exclusive of VAT and VAT will be added where applicable. In most cases VAT is reclaimable. Prospective purchasers should consult their accountant for professional advice in this respect.
Finance & Insurance
If you would like to take advantage of the knowledge and experience of a selection of firms who specialise in providing finance and insurance for licensed properties contact your local Fleurets office. A phone call may help to provide you with terms and/or cover, which best fits your requirements.
File Ref: S-716599
Cabin 169 Elmer Road, Elmer Sands, Bognor Regis, West Sussex PO22 6JA
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Important notice: Unless otherwise stated, all properties are being dealt with on a Sole Selling Rights basis. The prices and other particulars regarding properties are correct at the time of going to press. As prices can be altered by the vendor
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