100% WET TRADE + LETTING ROOMS

Selsey is a popular South Coast seaside resort which enjoys an influx of tourist trade during the season to compliment the substantial residential and business community of the town.

In the centre of the town is THE CROWN occupying a prominent corner site with a large public car park adjoining the pub’s car park. The premises have been in the hands of the same lessee for the past 14 years who proposes retirement.

THE PROPERTY CURRENTLY PROVIDES ACCOMMODATION AS FOLLOWS:

LARGE BAR, with entrances from High Street and Car Park, WIDESCREEN TV, AWP MACHINES ETC., POOL BAR, TOILETS, SERVERY, BASEMENT CELLAR, SERVICE ROOM, UTILITY AREA, KITCHEN, BOTTLE STORE, SPIRIT CUPBOARD. SELF CONTAINED LETTING FLAT with DOUBLE BEDROOM, LOUNGE, KITCHEN, BATHROOM & WC.

5 LETTING BEDROOMS (Double), BATHROOM, W.C., LARGE ATTIC BEDROOM

The PRIVATE ACCOMMODATION comprises;
LOUNGE, BEDROOM with en-suite bathroom and shower

COVERED PATIO AREA, CAR PARK, GARDEN, FORECOURT PARKING

The premises are held on an INNTREPRENEUR (now ENTERPRISE INNS) lease which we are informed has 12 years unexpired.

The lease is protected by the Security of Tenure Provisions in Part II of the Landlord & Tenant Act.

Accountants figures provide the following information:

The premises were run predominately by management staff during 2006, but are now back under the direct control of the lessee.

There is in our opinion considerable scope for development of catering.

Offers are invited for the residue of the Lease, Business Goodwill and trade inventory
of Furniture, Fittings & Equipment in the region of £179,500:00
Stock-in-trade and Glassware is extra at valuation on completion.

Full viewing is STRICTLY by appointment with the Vendor's Sole Agent - James Bufton & Co.

PLEASE BE DISCREET AND DO NOT DISCUSS THIS MATTER WITH THE STAFF AT THE PUB.

All figures exclude VAT (except where stated)

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