Pub Overview

The Setting Sun is situated in the heart of Brighton and overlooks the city and is close to the beach.The Setting Sun puts itself above the rest by being a premium, independent venue that has developed a reputation for excellent food including a very strong vegetarian offering.

The pub is located in a residential area that has 17,000 adults within a 10-minute walk, there is an extensive customer base made up of young professionals and students.

The offer

Available on our foundation tenancy agreement. The potential of this pub lies in maintaining a competitive 30% / 70% food & drinks offer. The Pub has 40 Internal covers and 20 External Covers.

Being positioned on one of the highest points in Brighton, The Setting Sun currently can drive trade via the amazing views and sunsets that are seen from the pub’s garden and also from inside the pub due to the large glass windows. The Setting Sun does occasional live entertainment . It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu and coffees.

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offering thus creating a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

Features

• Catering Kitchen
  
• Foundation Tenancy
  
• Outdoor Trade
  
• Private Accommodation
  
• Music Venue
  
• Cask Ale
  

Trading Area & Facilities

• Main trading area with bar
• 40 internal covers
• 20 external covers, plus some pavement seating
• Large kitchen
• SmartDispense
• Garden with sea views

Private Accommodation

The private accommodation consists of 1 Studio room (bedroom and lounge together), bathroom and kitchen,

Pub Financials

Annual Rent £
24,000
Estimated Annual Turnover £
274,513
Deposit £
6,000
Estimated Fixtures & Fittings Value £
10,000
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
24,500
Estimated Minimum Ingoing Costs £
10,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.