Beer Garden
External Drinking Area
Restaurant/Dining
Coastal
Property details
The Marina Fountain is a three-storey building, situated on the seafront on the main coast road through St Leonards on Sea in the county of East Sussex. St Leonards, as it is known locally, is historically a Victorian seaside town and has more recently become a very popular place for relocation of both retired and professional people. With its backdrop of excellent restaurants, brilliant boutiques, and an exceptionally creative art scene, St Leonards is an eclectic mix of stylish residential property and quality entertainment and retail. Being only half an hour's walk from the famous battle town of Hastings, the opportunity to stay somewhere a little quieter and be able to visit such a historically famous town is also a great opportunity for tourists.
With an imposing frontage directly onto the footpath, the Marina boasts central double doors to the front porch which leads to a beautifully decorated, large open-plan trade area. To the right of the pub is the long traditional bar, with a large trade space on the left which then moves through past a boothed seating area and then onto both the kitchen and the customer toilets.
At the rear of the trade area is another double door that leads to steps taking people to the large, rear beer garden with beach huts, seating, and space for over 50 people. A great suntrap and sheltered area from the coastal breeze.
The private accommodation is accessed via stairs behind the bar which lead to three bedrooms, a lounge, kitchen, bathroom, and separate toilet.
Cask Ale
Catering Kitchen
Live Entertainment
Trading style
The Marina Fountain trades very well at present with a great premium-based range of drinks, a popular food offer, and regular live music. The kitchen dictates the size of the food offered with the pub trading at around 80/20 wet/food, however, the pub is very popular and this could be increased. Being fantastically located right on the seafront and main road, the Marina hosts locals and tourists alike and in the summer months, this pub trades exceptionally well.
The landlords are looking for someone who can be the host with the most. Having a real feel for the market will enable you to personalise the drinks range to suit the trending business needs and by doing so, the landlords believe you will naturally increase the footfall. The offer of a carvery could see the dining trade excel to a healthy level and the introduction of a carefully thought out menu could be advantageous to the business. The community feel of the venue would need to be considered with the possibility of re-introducing more pub-based activities including quiz nights, open mic nights, and live music. Alternating these weekly, monthly, and quarterly events will also make the pub more successful and inclusive. A strong social media presence and great marketing skills will help to develop the pub and will ensure that the business is extensively promoted to achieve maximum trade.
Key financials
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Reference Number:
IU3WDL / P00974
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£12,500.00
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Annual Rent:
£29,750.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £29,750
Security Deposit: £5,000
Working Capital: £4,500
Stock: £3,000
F&F: TBC – funding options may be available for the right licensee.