A well-known local pub, sited prominently near where William the Conqueror landed in Sussex in 1066, has come up for sale.
The Beach Tavern in Pevensey Bay is among 20 lots at the eighth regional Sussex and Surrey auction in 2015 to be staged by independent land and property specialists Clive Emson Auctioneers on Tuesday, December 15.
The freehold guide price is in excess of £350,000. The substantial pub with large bar, dance floor, two-bedroom flat and off-road parking was under the same ownership for many years.
Director and Senior Auction Valuer Sam Kinloch said, “Previously let to provide a good income, The Beach Tavern, now in need of some refurbishment and redecoration, is considered ideal for owner-occupation or could again be let to provide a good income.
“Alternatively, the site could be redeveloped to provide residential accommodation or a supermarket or other commercial use, subject to the necessary consents being obtained.”
The pub, with sea views from the terrace, is close to local shops and amenities and not far from popular Pevensey Castle.
Mr Kinloch added, “No one can argue that the market isn’t truly buoyant. November alone saw Sussex and Surrey sales of more than £4.3 million with total sales this year exceeding £22 million and an overall success rate of 88 per cent.
“During 2015 we have maintained our well above national average sales statistics and increased our market share in an increasingly competitive arena.”
Clive Emson Auctioneers, an independent company, holds eight rounds of auctions at five locations from Essex to Cornwall on consecutive days every six weeks, this time with a total of 125 lots.
Starting at 11am, the eighth of Clive Emson’s regional Sussex and Surrey auctions in 2015 takes place at the Brighton Metropole on December 15.
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