Brighton Rocks, 6 Rock Place, Brighton, BN2 1PF

Property Details: • Type: 1,307 sq ft • Tenure: N/A • Floor Area: N/A

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

Location: • Nearest Station: Brighton Station • Distance to Station: 0.8 miles

Agent Information: • Address: Savills, Mountbatten House,1 Grosvenor Square Southampton SO15 2BZ

Full Description: DescriptionThe 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.LocationLocated 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.AccommodationGround 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.TenureThe property is held freehold (Title Number SX133312).TenancyThe 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.PlanningThe property is not listed however, it is situated within East Cliff Conservation Area.VATIt 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.EPCD - 99TermsWe are instructed to invite offers in excess of £600,000 (5.6% NIY) assuming the usual purchasers costs.Fixtures and FittingsThe fixtures and fittings are currently owned by the occupational tenant.Money LaunderingMoney Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.Similar Investment OpportunitiesIf you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing: ViewingsAll 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 OpportunitiesIf you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing: