The Martello is located in a densely populated area of Langney, approximately 1.5 miles from Eastbourne Town Centre. The pub is surrounded by residential estates on the busy through-road of Langney Rise with several amenities such as recreational grounds, schools, churches, local businesses and a retail park within one mile of the pub (also having the ever popular sea-front within two miles). The Martello is a large, detached, fairly unopposed, drinks-focused community pub with potential for the right operator to embrace further income streams in the heart of the community.
Pub Layout
The trade accommodation has recently benefitted from a full internal decoration and is split between two key areas with a central bar serving both sides and it is very light and open. To the left hand side of the pub is a sports bar with it's own access and toilets, housing a darts area, pool table and big screen sports. To the right, there is a large open-plan lounge bar also with it's own entrance and toilets, used more for lounge drinking and dining. There is a small catering kitchen located to the rear of the lounge bar. Externally there is a beer garden made up of paved patio area and a garden housing a number of picnic benches, along with a car park with space for approximately fifteen vehicles.
The private accommodation compromises of three large bedrooms, kitchen, lounge toilet and bathroom and are all in good condition.
Annual Rent: £28,500
Security Deposit: £5,000
Working Capital: £3,000
Stock: £2,000
Business Rates: £Nil*
F&F: TBC – Funding options may be available for the right licensee
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
* Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Admiral are seeking a dynamic, community focused licensee(s) who will grow the business and drive beer volumes here. Additionally, there is scope to develop and reintroduce a good food offer and premiumise the retail offer, introducing new draught products which will in turn help to encourage new and returning custom.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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