Roundhill, 100 Ditchling Road, Brighton, BN1 4SG | Property for sale | Savills
3,063 sq ft(284.56 sq m)
Excess of £765,000

Roundhill100 Ditchling Road, Brighton, BN1 4SG

  • Freehold

Key features

  • Freehold public house investment
  • Entire property let to La Planta Limited
  • Property arranged over three levels extending to 1,910 Sq Ft (177 Sq M)
  • Current rent of £55,072 per annum
  • We are instructed to invite offers in excess of £765,000 (6.8% NIY)
  • Lease expires March 2033
  • The rent is subject to five yearly open market rent reviews and annual RPI increases with a collar of 2% and cap of 5% (except in the open market review year)
  • Business unaffected by sale

Freehold public house investment for sale let until March 2033 at a rent of £55,072 per annum

About this property

  • Description
    The property comprises the ground, basement and first floors of an end of terrace building with painted rendered elevations beneath a pitched and hipped roof.

    Virtual Tour
    Please see a link below to the virtual tour:

    https://vt.ehouse.co.uk/Ush9UYnjdf3

    Accommodation
    Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating for 52 customers. Ancillary areas include a trade kitchen and female WC's.

    Basement: Cellar, stores and male WC's.

    First Floor: The first floor comprises a living room, two bedrooms, kitchen and bathroom.

    Externally: There is patio to the front and side of the property with seating for 30 customers.

    Tenure
    The property is held freehold (Title Number SX133346).

    Tenancy
    The entire property is let to La Planta Limited on a 10 year lease from 30 March 2023 at a current rent of £55,072 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 5%. A rent deposit of £13,927 is held by the landlord.

    Planning
    The property is not listed but is situated within Roundhill Conservation Area.

    VAT
    It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

    EPC
    D-97

    Terms
    We are instructed to invite offers in excess of £765,000 (6.8% NIY) assuming the usual purchasers costs.

    Fixtures & Fittings
    The fixtures and fittings are currently owned by the occupational tenant.

    Money Laundering
    Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.

    Viewings
    All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

    For further information and all viewing requests please contact the sole selling agents Savills.

Local information

  • Located in the seaside city of Brighton in the county of East Sussex, 5.0 miles (40.0 kilometres) west of Eastbourne and 34.1 miles (54.6 kilometres) south of Tunbridge Wells.
  • The Roundhill is situated at the intersection between Ditchling Road and Round Hill Road in a mixed commercial and residential area. The North Laines area of Brighton is short distance to the south and London Road train station a short distance to the west.

Available space

Namesq ftsq mAvailability
Ground - Ground1,346125.05Available
1st1,150106.84Available
Basement - Basement56752.68Available