Benefiting from a dual aspect, this restaurant is located on one of Hove’s premier trading districts, closeby to the desirable Palmeira Square, one of Brighton’s most sought after seafront squares as well as a host of other local businesses, bars and residential property. Hove’s seafront with its bustling environment is also closeby which enhances trade all year round.
KEY FEATURES
- Prominent restaurant premises
- Well presented and equipped
- Close to Palmeira Square and seafront
- Lease for Sale
Prominent well presented and equipped restaurant premises close to Palmeira Square and the seafront.
PROPERTY DETAILS
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Restaurant and Basement Floors
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1003 sq ft
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(93.18 m2)
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ACCOMMODATION
The premises is located over the ground and basement floors of this end of terrace property and briefly comprises:
Restaurant
Gross Frontage 22’9”
Internal Width 22’3” max
Internal Depth 33’1” max
Existing Restaurant Area 584 sq ft (54m²)
The restaurant is presented to a high standard accommodating approximately 46 covers with quality laminate flooring and quality matching wooden tables and chairs. To the rear of the restaurant is a wooden counter with bar area offering shelving for displaying wines and spirits, continental coffee machine, modern touch screen cash register with chip and pin facilities and small wash hand basin. There is a feature turning staircase leading down to the basement floor where customers wc facilities are located.
To the rear of the restaurant:
Kitchen
9’10” x 9’10” 97 sq ft (9m²)
Fitted with modern equipment including stainless steel extraction, six hob gas cooker with oven, two shelf pizza oven, refrigerated preparation worktop, two wash hand basins and single wash hand basin, small wine fridge. Door leading to fire escape and bin storage area.
Basement
Staff wc and shower room.
Preparation/Washing Up Area
22’9” x 10’ 227 sq ft (21m²)
Fully fitted preparation and wash up area with dumb waiter, stainless steel preparation table, additional fridges and freezers and double commercial stainless steel sink unit.
Customer wcs – ladies and gents with fully tiled surrounds.
Office
11’ x 8’8” - 95 sq ft (8.8m²)
BUSINESS
The business is currently run under the personal supervision of the owner and trades between the hours of 12pm to 2.30pm and 6pm to 11pm Tuesday – Saturday and 12pm to 6pm – Sunday, closed on Monday.
Turnover figures available on request.
The existing owner has decided to sell his business interest to concentrate on his other restaurant in Mid Sussex.
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Restaurant and Basement Floors
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To Let: £30,000 pa
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Lease
21 years from 2006
Rent Review
Every 3 years.
Premium
Offers invited in the region of £70,000 (seventy-thousand pounds) for the benefit of the leasehold interest, A3 restaurant consent, fixtures and fittings, license and business goodwill
Business Rates
Billing Authority: Brighton & Hove
Description: Restaurant & Premises
Rateable Value: £14,000
Rates Payable: £ 6,790
VAT
VAT is chargeable on the rent quoted.
Legal Fees
The ingoing tenant to be responsible for both parties’ reasonable legal costs incurred in the transaction.
Viewing Arrangements
Strictly via prior appointment through Agents Graves Jenkins