Pub/bar for sale in Whistle Trago Cafe Bar, Hastings, East Sussex TN34

£240,000
Pub/bar for sale
Interested in this property? Call +44 1780 673903 * or Request Details

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Property features

  • Hastings Old Town
  • Bar and Music Venue
  • Leasehold
  • 15 Year lta 54 Lease
  • Rent just £21,000 P/A
  • Fully Soundproofed
  • Cafe Culture
  • Quirky and Popular
  • Recently Refurbished
  • Kerbside appeal

Property description

Well known Hastings bar for sale through us Whistle Trago £240,000 Leasehold.

Location & Area

Hastings is a seaside town and borough in East Sussex on the south coast of England, 24 mi (39 km) east to the county town of Lewes and 53 mi (85 km) south east of London.
The town gives its name to the Battle of Hastings in 1066.
In the 19th century, it was a popular seaside resort, as the railway allowed tourists and visitors to reach the town.
Today, Hastings is a fishing port with the UK's largest beach-based fishing fleet.
It has an estimated population of 92,855 as of 2018.
George Street is a lovely opportunity to enjoy antique shops, books shops, Café and bar options, it is a popular zone in Old Hastings with all the companion businesses nestling well together.
Beautiful old buildings and lots of great bars, restaurants and coffee houses. Has a real buzz in the evenings.

Property Description

First floor bar with cellar bar below, the kerbside appeal is very strong with covered seating area as part of the frontage to showcase the offer.
Recently refurbished by our clients, even the Ladies and Gents cloakrooms are quirky.
External area usually offers seating for circa 20 guests.
Ground Floor bar usually offers seating and space to accommodate circa 30+.
The Deep Blue Cellar Bar offer capacity for 60 guests.

The Business

Popular venue on the Hastings Old Town circuit, this business has been owned and run by our client the vendor for over 15 years.
Serving a staple offer of Coffee and Panini's throughout the day and speciality drinks and live music by night.
Turnover has remained strong throughout their time at the helm at circa £390,000 p/a.
It is time for new owners to pick up the baton, a new 15 year lease will be created (lta '54) along the same lines as is currently being operated.

Price & Tenure

£240,000 premium to include goodwill and Fixtures and Fittings.

15 year Landlord and Tenant Act '54 protected Fri lease from day of take over.
Rent is just £21,000 P/A

Finance

An early discussion about finance can often save time and disappointment, talk to LLH Solutions about securing independent financial advice from one of our solution partners.

Viewings

Strictly by appointment with the vendors sole selling agents. Tel: Email You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.

Property info

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For more information about this property, please contact
LLH Solutions, LE15 on +44 1780 673903 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by LLH Solutions, and do not constitute property particulars. Please contact LLH Solutions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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