Idyllic Location Pub with Letting Accommodation
Mayfield, East Sussex
- Asking Price: £120,000
- Turnover: As per the 2017 accounts the business reports turnover in the region of £272,453 with a gross profit of £260,144
- Tenure: Leasehold
Hilton Smythe are delighted to present to the market The Rose and Crown. A Grade 2 listed coaching house loved by both local villagers and those visiting this idyllic village. Owned by our client for 10 years and now offered for sale due to her wish to now retire. The thriving Free of Tie business comes with a long 25 year lease, 60/40 wet/dry split and 2 x letting rooms with potential to add more. Rooms are let at £85 per night. The bar serves a range of draft and bottled beers, spirits and soft drinks with a range of wines to complement the food menu. The home cooked menu uses locally sourced ingredients with choice of starters, mains and desserts, daily blackboard specials, kids meals & puddings, sandwiches and light bites, including a monthly tapas night. In addition, there is a private dining room with capacity for dining groups of 10 or used for small functions with buffets. There is a regular pub quiz every Tuesday, open mic nights, live music, bistro nights, which the local community regularly support. Opportunity to increase the number of letting rooms to 4 would further boost the accommodation turnover.
Owner only works part time, full time Bar Manager. 2 x full time Cooks, and 5 x part time Bar Staff.
The business opens:- Monday to Thursday 12noon to 11.00pm,Friday and Saturday 12noon to 1.00am, Sunday 12 noon-10.30 pm
The Rose and Crown occupies a raised trading position on Fletching Street within the heart of the picturesque village of Mayfield, East Sussex. Ideally positioned less than 2 mins to the high street shops , banks, Mayfield Infants and Junior Schools, 3 x churches, period housing and beautiful countryside views and walks. The detached wood clad grade 2 pub is located just off the A267 , less than 10 miles south of Royal Tunbridge Wells and 7 miles north of Heathfield. Customer car parking is available.
Central bar area with 2 adjoining rooms with period beams, open fires, solid wood tables and chairs, fixed upholstery seating. Lower dining area - to left of main bar with further solid wood chairs and tables. Rear dining area - overlooks rear garden terrace - solid wood chairs and tables includes hot drinks Rae with coffee machine. Ladies and Gents toilets and access to rear terrace. Total covers in 4 x rooms of 60. Main bar servery includes 6 x points of dispense, glass fronted chillers, wine shelving, hand basin. Kitchen - gas oven, griddles, extraction unit, heat cupboard, dryers, microwaves, upright fridges, chest freezers, wall and base storage units , prep sinks and access into rear storage room. Cellar - accessed from the kitchen 1st floor - hallway, owners sitting room, kitchen Letting bedrooms - 2 x double bedrooms to front of property with en suites (1 with shower and the other with bath and over shower). Owners bathroom Master double bedroom with bath en suite Attic room 1 - double bedroom currently used for staff. Attic room 2 - large room with own kitchen facilities (ideal staff or letting room). Store room area External - large raised front terrace, car park for min 10 cars, rear terrace accessed from rear hallway near customer toilets. Private owners yard with staircase leading up to owners’ accommodation on first floor.
We are advised Leasehold.The original lease is 35 yearsAs of 2018, 25 years remain. Rent is £50,000 per year.