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Beer Garden
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External Drinking Area
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Car Park
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Restaurant/Dining
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Coastal
Property details
Located in the port town of Newhaven in East Sussex, the Flying Fish is a beautiful 17th-century country pub & restaurant with fantastic outdoor space, situated just off the main road connecting Newhaven and Lewes.
Tucked neatly between Eastbourne and Brighton, Newhaven is an historic, former fishing village that is rich in maritime heritage and well known for its busy ferry port that operates daily passenger and freight crossings to Dieppe, France. The area is popular with tourists travelling to and from the ferry port, cyclists and walkers exploring the South Downs and visitors to nearby attractions such as the hugely popular Paradise Park with its famous exhibitions, museum, heritage trail and gardens and Newhaven Fort.
Internally, the pub provides a versatile layout to include the main bar area with a feature servery, a cosy snug, a relaxing lounge area and the restaurant dining room, for approx.50 covers in total, together with a well-equipped trade kitchen with dry stores.
To the rear of the property, you will find a vast, landscaped garden with seating for over 100 covers, along with a large patio area and marquee, making it perfect for alfresco dining, weddings, live music and events during the spring and summer seasons.
The private accommodation is set out across two floors and includes two double bedrooms, a small bedroom/office, a kitchen and a bathroom on the first floor and a lounge and a large attic bedroom on the second floor.
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Catering Kitchen
Trading style
The Flying Fish boasts a great spot on Denton Road, just five-minutes’ drive from the port. It is a well-established pub and restaurant, with a distinctive vintage feel, that currently operates with a stronger wet-led trade and an ever-increasing reputation for serving quality, homemade food.
The pub is available in mid-June 26, on either the traditional tenancy model or a partnership agreement. It is looking for a hands-on operator that will re-establish the Flying Fish as the go-to venue and village hub in the local area, whilst also elevating the food offer to attract destination dining customers from the wider area and maximising the site’s potential for hosting weddings, private parties, and events.
Key financials
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Reference Number:
Z55YD7 / SN-BN9
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£16,500.00
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Annual Rent:
TBC
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Estimated capital requirements:
- Trading deposit £5,000
- Contract deposit (Refundable on day of change) £500
- Maintenance scheme (Plus monthly payments of £50) £1,000
- Inventory (Estimated post-refurbishment subject to an independent valuation by a trade broker and stock taker) £20,000
- Stock, glass & crockery (Estimated subject to an independent valuation by a trade broker and stock taker) £4,000
- Training deposit (£500 Refundable on completion of training) £1,000
- Utility package deposit (Approx. cost, applicable subject to agreement type) £TBC
- Technology pack deposit (Approx. cost, applicable subject to agreement type) £TBC
Working capital £5,000
Total estimated ingoing charges £36,500
Minimal capital considered £16,500
A lower minimum amount of capital may be considered, provided that there is a strong business and financial reason to support this during the application process.
Fixed Rental Structure:
- Year 1 £TBC
- Year 2 £TBC
- Year 3 £TBC
- Year 4 £TBC
- Year 5 £TBC
This pub is being offered on a Standard Tenancy Agreement with a fixed 5-year rental structure. This agreement is covered by the ‘Landlord & Tenant Act’ 1954 Part II. This is a fully tied agreement across all beers, cider, wine, PPS, spirits, and minerals.