The Fountain, on Queens Road in Hastings, shut its doors and was boarded up earlier this year.
Originally listed for sale at £365,000, the asking price has now been slashed to £325,000.
Estate agents Savills disclosed that the price “has recently been reduced in an attempt to generate fresh interest and expedite a swift sale”.
Standing as a three-storey building, The Fountain comprises a basement, ground, first, and second floor.
According to the property listing by Savills, the exterior comprises “painted rendered elevations beneath a pitched slate tiled roof with wood sash fenestration.”
The basement houses a large cellar and additional storage facilities.
On the ground floor, wooden flooring and low-hanging lighting set the atmosphere with a central bar servery.
An open-plan interior trade area fitted with tables and chairs can accommodate roughly 30 customers.
There’s a WC, utility stores, and a small enclosed courtyard towards the rear.
The first floor is fitted with a well-maintained commercial kitchen, a pot wash area, a WC, two spacious bedrooms, a lounge, and a bathroom.
The second floor contains two bedrooms and a bathroom.
The site falls under the sui generis pub use class but it is not registered as a listed building, nor is it located within a conservation area or lying inside any designated flood risk zones.
Adam Bullas of Savills added that “the pub is prominently positioned occupying a corner pitch on a major thoroughfare to the centre of Hastings”.
He also mentioned the accommodation is more spacious than one might assume, with over 2,500 square feet of gross internal space.
The pub stands at 93 Queens Road, a primary street that runs from the town’s seafront into its commercial centre.
It is approximately 0.3 miles south of Hastings railway station and about 0.2 miles north of the A259 seafront road.
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