Are you looking to lease a pub in the Eastbourne area? If so why not run ‘The Star Inn’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Star Inn is now available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Lease A Pub In Eastbourne – The Star Inn Is Now Available !
The Star Inn is a traditional wet led community pub in the heart of the highly attractive old town district of Eastbourne. The property is surrounded by a large number of residential properties whilst in close proximity to the commercial areas of the old town. Known for its pub sports and live music, this vibrant pub has the chance to become the hub of the community. The pub also boasts a currently unused function room which is ideal to earn extra takings if utilised. Stonegate Pub Partners are seeking an experienced publican to utilise what this fabulous business offers to put this pub back on the map.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Lease A Pub In Eastbourne – The Star Inn Is Now Available !
The Star Inn
Overview of Star Inn
The Star Inn is a traditional wet led community pub in the heart of the highly attractive old town district of Eastbourne. The property is surrounded by a large number of residential properties whilst in close proximity to the commercial areas of the old town. Known for its pub sports and live music, this vibrant pub has the chance to become the hub of the community. The pub also boasts a currently unused function room which is ideal to earn extra takings if utilised. Stonegate Pub Partners are seeking an experienced publican to utilise what this fabulous business offers to put this pub back on the map
Indoor trading area
The pub is a single room operation with a central horseshoe bar. There are two distinct trade areas either side of the bar which lends itself to a bar and lounge style operation. The main front area is set up for pub sports, live music and entertainment and has loose seating. The second space is a seating area with classic pub furniture and currently has approximately 25 covers and space for additional seating if required. The pub offers entertainment and has a variety of live music which is very much welcomed by the locals. A function room is located on the first floor but is currently unused, this could be reinstated for the use of event hire.
Outdoor trading area
The Star Inn boasts outdoor seating to the front of the pub with bistro tables and chairs, that can be further utilised during the warmer months for extra drinking and dining space.
Your living accommodation
The living accommodation consists of a well-sized three-bedroom flat, ideal for families.
Surrounding area
The pub is situated in an attractive pedestrian region within easy walking distance of residential housing and has good transport links with Eastbourne, Hampden Park and Polegate train stations. Traditional seaside attractions and cultural sightseeing are offered in Eastbourne which is an increasingly popular area to live for those commuting to London and Brighton. The pub benefits from free parking in a large, shared car park nearby.
Local competition
Crown,Crown Street, Eastbourne, BN21 1PB (0 mi)
Lamb Inn,High Street, Eastbourne, BN21 1HH (0.1 mi)
Spice Garden,Church Street, Eastbourne, BN21 1HT (0.2 mi)
Tally Ho,Church Street, Eastbourne, BN21 1JB (0.3 mi)
Hurst Arms,Willingdon Road, Eastbourne, BN21 1TW (0.4 mi)
Lease A Pub In Eastbourne – The Star Inn Is Now Available !
The Star Inn
Potential Turnover
£539,000.00 per annum
This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Partnership Terms
Guide Rent: £40,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND F
The proposed agreement: Retail Partnership Tenancy
(Key terms available online here) however we are prepared to discuss other Partnership agreements.
We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital start-up
£17,000.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £40,000.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.
Estimated fixtures & fitting value
£7,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£13,300
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search
To talk to someone about this opportunity or for any general enquiries call or email the recruitment team on
03333 20 00 36
en*******@ei********.com
The Star Inn
Regional Manager’s thoughts on the Star Inn
The Star Inn’s main trade has been built up by quality live music attracting a variety of custom from the immediate and neighbouring areas. This pub business offers a fantastic opportunity for an experienced publican with an entrepreneurial flair to drive the trade forward, concentrating on putting cask ale, wine, community events and entertainment at the heart of the operation.
Craig, Regional Manager
