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THE LAMB INN

HORSHAM, WEST SUSSEX

£900,000 FREEHOLD

The Lamb Inn occupies a large corner site in the affluent hamlet of Lambs Green, some 5 miles from Horsham and a similar distance from Crawley, in West Sussex. The house is in a largely rural location, though there is a major residential development planned for land adjoining the site, and the Horsham district in general is being greatly developed, with massive residential developments literally all around Horsham. The accommodation comprises CORNER BAR, rear SNUG BAR area; side ENTRANCE LOBBY; left hand front DINING/BAR AREA front ENTRANCE LOBBY; INGLENOOK BAR; LADIES and GENTS WCS;TRADE KITCHEN; STAFF WC; UTILITY ROOM; large rear STORAGE AREA; walk-in FREEZER, walk-in COLD ROOM; BOTTLE STORE. On the second floor is an ATTIC BEDROOM; SHOWER/WC; LANDING and STAIRS DOWN.to FIRST FLOOR, where there are TWO BEDROOMS; OFFICE; DOMESTIC KITCHEN; BATHROOM/WC; LOUNGE; LANDING AND STAIRS DOWN. In the basement is access via hatch in servery to ELECTRICALLY CHILLED DRAUGHT BEER STORE. Outside the pub features a recently constructed and superbly finished covered PATIO AREA, with contemporary “stretch tent” canopy over (permanently fixed), good quality external-duty furniture and heated throughout to enable all year round use; catering SERVERY with newly constructed counter and back bar and heavy-duty wood fired pizza oven as built; rear enclosed KITCHEN YARD AREA, with oil, Calor and Klargester enclosure; large side gravel CAR PARK with lockable PORTAKABIN garden store off (possible plot for house at end, subject to planning).

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RIVER HAVEN HOTEL, RYE, EAST SUSSEX

£1,750,000 FREEHOLD

LOCATION

The River Haven Hotel is located in the citadel town of Rye, in the Rother District of East Sussex. This historic cinque ports town lies approximately 2 miles from the sea. The area is well known for its stunning country setting, as well as its wealth of historical attractions including Rye Castle, Mermaid Street, Rye Harbour, Camber Castle and Winchelsea. Also nearby are more modern attractions such as Camber Sands and Rye Watersports. The area is popular all year round with tourists, day trippers, walkers and motorcycle enthusiasts. The area is serviced by a number of A and B roads which connect Rye to other neighbouring honeypot towns such as Tenterden, New Romney and Hastings. Main line rail services are available from Rye on the Marshlink line, providing southern services to Hastings and Ashford International, with onward services to London.

The River Haven Hotel occupies a prominent quayside position in an area of the town well-trodden by tourists. The property sits on plot measuring in the region of 0.44 acres. This substantial detached property is understood to date from the 1980’s and is of brick construction under a pitched tiled roof.

The property briefly comprises of: -

PUBLIC AREAS

Entrance from side of property via LOBBY into ENTRANCE HALL and RECEPTION AREA with desk. LADIES, GENTLEMENS and DISABLED TOILETS offset.

The River Haven Hotel boasts an impressive open plan BAR and RESTAURANT area, presented with stripped wood flooring, heart paneled walls, industrial lighting, and wood-built Bar Servery. The restaurant provides river side views and is capable of providing seating for 55-60 residents.

Centrally located within the property there is a fully fitted TRADE KITCHEN, equipped with a range of commercial facilities including extractor, two six burner range cookers and a range of undercounter fridges. Offset is a PREP KITCHEN with fridge and freezer storage.

Ancillary areas include ground floor chilled BARREL STORE, BOILER ROOM and LAUNDRY ROOM with a range of commercial washing, dry and pressing utilities.

LETTING ACCOMMODATION

GROUND FLOOR (with disabled access)

6 X DOUBLE BEDROOMS WITH EN SUITE BATHROOM. 3 X FAMILY BEDROOMS WITH EN SUITE BATHROOM. LINEN STORE.

CLEANING CUPBOARD.

 

FIRST FLOOR

6 X DOUBLE BEDROOMS WITH EN SUITE BATHROOM. 3 X FAMILY BEDROOMS WITH BATHROOM.

LINEN STORE.

CLEANING CUPBOARD.

SECOND FLOOR

2 X TRIPLE BEDROOMS WITH EN SUITE SHOWERS. 1 X DOUBLE BEDROOM WITH EN SUITE SHOWER.

OWNERS ACCOMMODATION

Located at first floor level there is a MANAGER’S BEDSIT which is currently used for the night porter comprising of double BEDROOM with KITCHENETTE and SHOWER offset.

EXTERNAL

To the front of the property there is a tarmacked CAR PARK which provides space for 20-25 vehicles.

To the side of the property there is an attractive riverside TERRACE which provides external seating for 20-30.

To the rear there is a QUAYSIDE STRIP OF LAND which is used as outside trade space providing additional seating for 30. It should be noted that this area of land is subject to a new lease agreement from the Environment Agency.

Furthermore, to the side of the property there is a CAR PARK area which is available to rent from the Environment Agency which produces additional pay and display income for the business.

THE BUSINESS

Our clients have built, owned, and operated the River Haven Hotel since 1999 and is now looking to sell the freehold interest in order to retire. The business caters for visitors and tourists to the area as well as those travelling for business.

Trade profits loss accounts for the year ending 30th November 2019 shower a gross turnover of £449,448, generating a strong gross profit, and operating profits in the region of £43,000 per annum. Further accounting details can be made available to serious parties following a formal viewing.

The business benefits from mooring which generates a turnover of £4,000 per annum.

We are of the opinion that the River Haven Hotel would suit a hands-on owner operator or managed business model alike.

A new operator could dramatically increase turnover with an increase occupational rate as well as by greater utilizing the restaurant space in order to draw lunch and evening trade from the town centre.

PLANNING

We are of the opinion that the River Haven Hotel could be suitable for alternative uses or redevelopment, subject to planning permission. Any parties interested in this avenue should conduct their own investigations with the Local Authority.

   

TENURE & PRICE

FREEHOLD £1,750,000 to include fixtures, fittings and goodwill. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

LICENCE

A full Premises Licence is held.

SERVICES

All main services are connected. Rateable Value: £58,500 Local Authority: Rother District Council, Town Hall, London Road, Bexhill-on-Sea, East Sussex TN39 3JX

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THE BRASS MONKEY, HAVELOCK ROAD, HASTINGS

£495,000 FREEHOLD

CENTRAL LOCATION IN BUSTLING HASTINGS

SUBSTANTIAL FOUR-STOREY PROPERTY ON HAVELOCK ROAD

OPEN PLAN BAR AND MUSIC VENUE (300)

18 ROOMS ON UPPER FLOORS

COURTYARD PATIO

SUITABLE FOR WIDE RANGE OF USES (SUBJECT TO PLANNING PERMISSION)

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