Public Houses for sale in Southend-On-Sea

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THE CASTLE PUBLIC HOUSE/RESTAURANT SOUTHEND SEAFRONT LOCATION

Southend-On-Sea, Essex, England

  • Leasehold Price: £125,000  Price Reduced arrow_drop_down
  • Annual Turnover: £416,696
Seller Reference: DBS170052
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: DBS170052
Request Details
Business Description
The Castle has been brought to the market after almost 20 years in the same ownership. Regarded by many locals as a landmark Pub, run by a family (mother and daughter) team with staff, the focus being on traditional English Food & Beer, with the ever popular Sunday Carvery. In addition to the spacious open plan ground and first floor dining areas, there are 10 letting rooms on the top floor and parking for 19 cars. The property sits on a very prominent corner plot which measures approx. 0.284 of an acre, with the building plot occupying just under 50% of that. The balance is taken up by a car park with 19 spaces in total. The building is arranged over 4 floors, basement, ground, first and second floors. Front al-fresco seating for 20 plus. Ground Floor: Approx. 4,400 sq.ft. overall, with main Bar & Restaurant (60 covers), area dedicated to Pool (with 2 tables) and two banks of ladies and gents toilets. In addition, to the rear, an unused back-up kitchen and prep room, fire exit and service stairs to the upper parts.
First Floor: Again, approx. 4,400 sq.ft. the majority given over to seating for 100. Hallway providing access to ladies and gents toilets and an Office. Bar with prep/servery behind and the commercial kitchens with a dumb waiter down and a scullery and small pantry. Basement: Comprising the cellars and divided into 3 spaces with a 2.3m head height between lintels. Second Floor: This floor houses the 10 letting rooms as follows: Double/Family Room with en-suite. 2 twins with showers. Double with shower. Double & Single with shower. Double with en-suite. Double with a sink. Single with a sink. Twin with en-suite. Large double. Communal Bathroom and 2 toilets.
Tenure:
Leasehold
Location Details:
Occupying a very visible corner location facing the Thames Estuary at Southend On Sea Essex.
Leasehold Term:
Leasehold. Granted for 25 years from 3rd September 2007. Rent £57,000pa, subject to further rent reviews in 2022, 2027 and 2032.
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