Martello, Eastbourne

The Martello is located in a densely populated area of Langney, approximately 1.5 miles from Eastbourne Town Centre. The pub is surrounded by residential estates on the busy through-road of Langney Rise with several amenities such as recreational grounds, schools, churches, local businesses and a retail park within one mile of the pub (also having the ever popular sea-front within two miles).  The Martello is a large, detached, fairly unopposed, drinks-focused community pub with potential for the right operator to embrace further income streams in the heart of the community.

Pub Layout

The trade accommodation has recently benefitted from a full internal decoration and is split between two key areas with a central bar serving both sides and it is very light and open.  To the left hand side of the pub is a sports bar with it’s own access and toilets, housing a darts area, pool table and big screen sports.  To the right, there is a large open-plan lounge bar also with it’s own entrance and toilets, used more for lounge drinking and dining.  There is a small catering kitchen located to the rear of the lounge bar.  Externally there is a beer garden made up of paved patio area and a garden housing a number of picnic benches, along with a car park with space for approximately fifteen vehicles.

The Martello currently trades as a drinks focused community pub, however, previous tenants have had success with well fitted kitchen, providing offers such as pizzas, burgers, Sunday roasts and children’s meals. A rhythm of the week enhances the midweek trade with popular live entertainment including drag acts, games nights, quizzes and live sports.

Private Accommodation

The private accommodation compromises of three large bedrooms, kitchen, lounge toilet and bathroom and are all in good condition.

Annual Rent: £28,500

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

Business Rates: £Nil.  Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be available for the right licensee.

Tie:All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

Admiral are seeking a dynamic, community focused licensee(s) who will grow the business and drive beer volumes here. Additionally, there is scope to develop and reintroduce a good food offer and premiumise the retail offer, introducing new draught products which will in turn help to encourage new and returning custom.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *