savills.co.uk
Licensed Leisure Horseshoe Inn
� Traditional Public House Hotel
� 20 en-suite Letting Bedrooms
� 4 Bedroom Manager’s Flat
� Large Site Area of c. 1.4 Acres
� Development Potential (STP)
Hill Road, Herstmonceux, Hailsham, East Sussex BN27 4RU
Freehold For Sale - Guide Price OIRO £1,500,000
Savills Southampton2 Charlotte PlaceSouthampton SO14 0TB
+44 (0) 23 8071 3957
Location The property is situated in Herstmonceux, East Sussex, 9 miles north west of Bexhill and 4 miles east of Hailsham. It is situated on Windmill Hill Road at its junction with Gardner Street and Comphurst Lane. The pub fronts the main road and the surrounding area is predominantly residential.
DescriptionThe property comprises a two and three storey building of brick and rendered stone construction under a multi pitched clay tiled roof. The building was built in 1953, and is decorated in mock Tudor style externally and internally.
Externally to the front, the pub benefits from a picturesque trade garden with benches providing 48 covers. Surrounding the pub site on east, south and west elevations is a large car park with space for approximately 100 vehicles.
The site is split into two areas as below and delineated on the OS plan provided.
Area Hectares Acres
Trade Garden 0.074 0.182
Pub 0.495 1.223
Total 0.569 1.405
Internally the ground floor is traditional in style with many attractive features including exposed fireplaces, beams and flagstone flooring. The premises are essentially split into a number of interconnecting rooms all surrounding a central bar servery. The main bar area is located to the right of the main entrance and this provides a number of raised dining areas (40 covers) with a pool table in the far corner. Adjacent to the main bar area on the left hand side of the entrance is the hotel reception and a rear ‘lounge’ bar area with comfortable seating and wood burner.
Adjacent to this area on the far left hand side of the pub is a function/dining room which provides an additional 50 covers and WC facilities. To the rear of the premises is the extensive ‘Castle Suite’ function room which has a wooden ‘sprung’ dance floor position centrally. Adjacent to this room to the right (west) is another function room with a bar servery and access to WC facilities and the commercial kitchen.
At first floor there are 20 bedrooms all of which are en-suite. Occupying all of second floor level there is a 4 bedroom managers flat with a lounge and two bathrooms.
At basement level there is a cellar with dray drop at front.
Planning The property is not listed but it is situated within a conservation area.
The property falls within the administration boundary for Wealden District Council, whose Core Strategy Local Plan comprises a long-term spatial vision and strategic objectives for the Wealden District area for the period 2013 to 2027, including the area within Wealden which is in the South Downs National Park. For all additional planning queries please contact Wealden District Council on [email protected] or 01323 443322.
Licensing The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand the pub trades under traditional trading hours.
Fixture & FittingsThe fixture and fittings are included and the premises will be sold ‘as seen’ less any personal items.
Services
Electricity – Mains
Heating/Cooking - Gas Calor
Drainage – Mains
The BusinessWe understand the income percentage split for the pub is as follows:
Drink – 40%
Accommodation – 30%
Food – 30%
Trading accounts will be provided to seriously interested parties upon request.
OpportunityIn our opinion the site will be of interest to both operators and developers. Accordingly we have produced indicative schemes which involve the re-configuration of the public house as well as the comprehensive redevelopment (subject to planning) of the whole site. The illustrative drawings are for indicative purposes only and all interested parties should satisfy themselves.
TenureFreehold.
RatingThe subject property is entered in the 2017 Rating List with a Rateable Value of £29,000.
The National Multiplier for England and Wales for 2017/18 is £0.479. From the 5th April 2018 the multiplier will increase to £0.493.
Guide PriceOffers are invited in the region of £1,500,000. VAT will not be applicable.
EPCThe EPC has been commissioned and will be provided upon request.
ViewingAll viewings must be arranged strictly by appointment with the sole agents Savills.
NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
Important Notice
Savills, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Designed and Produced by Savills Marketing: 020 7499 8644 | March 2018
ContactAdam Bullas +44 (0) 23 8071 3957 +44 (0) 7812 965 395 [email protected]
James Greenlees +44 (0) 23 8071 3986 +44 (0) 7972 000 232 [email protected]
Savills 2 Charlotte Place Southampton SO14 0TB
