Popular village public house with restaurant, letting rooms and owners accommodation.
The Village House comprises a detached Grade II Listed three storey building, above basement, with brick elevations and beneath a pitched and hipped tiled roof.
The pub was purchased by the owners in August 2022 and has undergone refurbishment in 8 lettings rooms above the bar and restaurant.
The Bar
Accessed via multiple entrances the bar provides a traditional pub experience with both standing and seated areas. The bar area is serviced by a wood built bar servery and is capable of providing seating for approximately 90 people with a further eight sat at the bar. The bar has direct access to the commercial kitchen area and back of house whilst also connects to the small but adequate dining area.
Dining Area / Function Room
A cosy and unique dining room can be found at the southern end of the ground floor providing dining for approx. 30 people. Presented in an in keeping manner with carpeted flooring, Georgian sash windows and wood dining furniture.
Trade Kitchen & Stores
To the rear of the ground floor are a variety of small rooms that provide adequate storage for the ground floor whilst there is also an excellently fitted commercial kitchen. The kitchen and stores has direct access to the lower cellar.
Letting Rooms
Located at first floor level are 8 well presented lettings rooms with 90% having undergone refurbishment in the last 2 years. The majority of the rooms are doubles and benefit from en-suite facilities. Other attractions to the lettings rooms include a communal lounge with breakfast bar, ample power points and a reading area alongside a communal bathroom facility for those rooms which are not en-suite.
Owners Accommodation / Flat
On the second floor is a one bedroom flat which is not self contained and is accessed via the communal landing off the first floor. The flat could provide superb owners accommodation however it is currently let out privately producing further income for the current business owners.
Outside
Externally there is trade garden to the rear of the property which with seating for approx. 20 covers. In addition, there is a car park to the front of the property for approx. 6 vehicles.
The property is available by way of an existing lease however new commercial lease terms may be achievable. This is seen as an ideal opportunity for both owner operators looking to run the pub whilst living in the spacious living accommodation, or those looking to run the business under management maximising the letting accommodation.
Location
Findon is situated approximately 3 miles to the north of Worthing. The nearest railway station is some 4 miles away at Durrington-on-Sea. Findon sits to the east of the A24 Worthing to Horsham road which is predominately dual carriageway leading north adjoining with the M23 / M25 to London. The property is easily accessed off the south bound A24 Findon bypass and also via Findon village via School Hill. The property occupies an extremely visible site to the A24 and is situated in a majority residential area.
Accommodation
The property has the following approximate floor areas:
Ground Floor
Main Bar Area - 1,091 sq ft
Restaurant - 397 sq ft
Store Room One - 37 sq ft
Kitchen - 236 sq ft
Washing Up / Prep Area - 67 sq ft
Chiller Room - 206 sq ft
Plant Room - 100 sq ft
Store RoomTwo - 214 sq ft
Laundry Room - 76 sq ft
Bottle Store - 188 sq ft
Store RoomThree - 63 sq ft
Cellar Drop - 161 sq ft
Cellar - 490 sq ft
External Pizza Store - 87 sq ft
First & Second Floor
Room One - 242 sq ft
Room Two - 144 sq ft
Room Three - 116 sq ft
Room Four - 104 sq ft
Room Five - 149 sq ft
Room Six - 190 sq ft
Room Seven - 128 sq ft
Room Eight - 101 sq ft
Communal Lounge - 169 sq ft
Communal Bathroom - 43 sq ft
Residential Flat - 450 sq ft
Total - 5,249 sq ft
Terms
Terms - By way of an existing FR&I Lease which expires 4th March 2028 with a current passing rent of £60,000 Per Annum exclusive. A copy of the Lease can be made available to serious applicants upon request.
A new lease may be available subject to agreeing new lease terms with the freeholders. Further details available upon request.
Premium - OIEO £80,000 (Eighty Thousand Pounds) for the fixtures, fittings and goodwill of the existing business. Stock at valuation.
VAT - To be charged on the quoting terms
Business Rates - According to the VOA (Valuation Office Agency) the property has a rateable value of £33,000. Interested parties are asked to verify this information with Arun District Council.
Legal Costs - Each party to pay their own legal costs
EPC - Not Applicable due to Grade II Listing
Anti-Money Laundering - In accordance with Anti-Money Laundering requirements, two forms of identification may be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
Specification
- Substantial & Attractive Grade II Listed Property in Popular Village Location
- Close to A24 & A27 Trunk Roads Serving Worthing, Horsham, Crawley, Chichester & Brighton
- Situated on Plot of (x) Acres
- Business For Sale with Benefit of Lease Until March 2028 (new lease may be granted)
- Established & Loyal Client Base within Public House & Restaurant Element
- Potential to Expand Residential Offering & Income Stream
- Viewing Highly Recommended