Brighton Rocks, 6 Rock Place, Brighton, BN2 1PF | Property for sale | Savills
0.03 Ac(0.01 Ha)
Excess of £600,000(HK$6,051,659)

Brighton Rocks6 Rock Place, Brighton, BN2 1PF

  • Freehold
Investment
0.03 Ac (0.01 Ha)

Key features

  • Freehold public house investment
  • We are instructed to invite offers in excess of £600,000 (5.6% NIY)
  • Entire property Brighton Rocks Public House Limited
  • Property arranged over ground, basement, first and second floors
  • Current rent of £35,000 per annum
  • Lease expires January 2030
  • The rent is subject to five yearly open market rent reviews
  • Business unaffected by sale

Freehold public house investment for sale let at £35,000 per annum until January 2030

About this property

  • Description
    The property comprises the ground, basement, first and second floor of a two storey terraced building with rendered and painted brick elevations beneath a multi pitched roof.

    Accommodation
    Ground Floor: The ground floor provides the customer trading area with a central bar servery and seating in three areas for approximately 40 customers. Ancillary areas comprise customer WC's, a former trade kitchen and stores.
    Basement: Cellar and stores.

    First Floor: The first floor comprises manager's accommodation with lounge, kitchen and office.

    Second Floor: The second floor comprises two bedrooms and a bathroom.

    Externally: There is a trade terrace to the front held by way of a pavement licence with seating for approximately 20 customers.

    Tenure
    The property is held freehold (Title Number SX133312).

    Tenancy
    The entire property is let to Brighton Rocks Public House Limited on a 30 year lease from 28 January 2000 at a current rent of £35,000 per annum which is subject to five yearly open market rent reviews. A rent deposit of £9,330 is held by the landlord.

    Planning
    The property is not listed however, it is situated within East Cliff 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 - 99

    Terms
    We are instructed to invite offers in excess of £600,000 (5.6% NIY) assuming the usual purchasers costs.

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

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

    Similar Investment Opportunities
    If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing: https://sites.savills.com/tavernportfolio

    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.

    Similar Investment Opportunities
    If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing: https://sites.savills.com/tavernportfolio

Local information

  • Located in Brighton city centre within the county of East Sussex, 20.1 miles (32.4 kilometres) south of Crawley, 41.7 miles (67.2 kilometres) east of Portsmouth and 47.5 miles (76.4 kilometres) south of central London.
  • The Brighton Rocks is situated fronting Rock Place which runs adjacent to Marine Parade and Brighton Beach. Nearby occupiers include the Sussex pub (Greene King) and the Kings Arms pub (Stonegate) as well as multiple independent hotels and public houses.