Brighton Office:
01273 70 10 70
Crawley Office:
01293 40 10 40
Brighton Residential:
01273 60 10 60
Haywards Heath:
01444 45 84 44
Under Offer: Prime Restaurant Location with Terrace Seating

28 East Street, Brighton, BN1 1HL

Interested in this property? Call our Brighton Office : 01273 70 10 70

Situated in the popular trading thoroughfare of East Street on the edge of the historic Lanes area of Brighton and within close proximity to Brighton seafront. East Street hosts a number of well-known retail concerns such as Hugo Boss, French Connection, Molton Brown, Russell & Bromley and All Saints all trading close to the property, together with numerous successful local and regional restaurant and bar traders to include the neighbouring English's restaurant, Baker & Spice, The House and close by Edendum, Indian Spice and Terre A Terre. East Street is an established day and night location and also within easy walking distance of a number of leading hotels, including the Jurys Inn, the Royal Albion and the Grand.

KEY FEATURES

  • Prime Restaurant Location in Central Brighton
  • High Footfall & Visibility - East Street/The Lanes
  • Self- Contained Over Five Floors With A3/A4 Use
  • Further Outside Seating Area

A unique opportunity to acquire the lease on this outstanding restaurant location, within a truly prime pitch in Brighton. Boasting plenty of authenticity of a quaint restaurant outlet, within a character property over five floors together with a large outside seating area making the opportunity highly attractive.

PROPERTY DETAILS

Restaurant Over Five Floors In A Prime Location 1048 sq ft (97.36 m2)

ACCOMMODATION

Restaurant premises over five floors of a charming self contained building comprising the following;

Ground floor restaurant.

  • Gross Frontage 12'4
  • Gross Internal Width 10'1 (Max)
  • Total Depth 27'2
  • Ground Floor Restaurant Area 274 sq ft

Attractive and well presented restaurant with seating for approximately 30 covers. There is a fitted bar area with access through to an enclosed external storage area.

Stairs to first floor dining area;

  • Front Room 10'1 x 12'7
  • Rear Room 8'8 x 8'5
  • Total First Floor Restaurant Area 274 sq ft

Juliet balcony affording views over the outside seating area within a pedestrianised area off East Street. Total first floor covers approximately 25.

Second Floor: Front private dining area 10'1 x 12'1 - 122 sq ft providing a further 12/14 covers. Rear Male and Female w/c facilities.

Third Floor: Front office area 10'1 x 9'5 - 95 sq ft. Rear store room 8'5 x 8'8 - 73 sq ft including stand alone refrigerator units .

Lower Ground Floor: Fully fitted kitchen area 10'1 x 9'1 - 92 sq ft. With gas burner six ring hob with oven under, grill plate, stainless steel work surfaces, tiled flooring, preparation area and full extraction system - full inventory available on request. Separate area with wash facilities 7'2 x 6'2 - 45 sq ft.

Outside Seating area - Designated seating area directly in front of the restaurant, adjacent to the Sussex Public House and English's Seafood Restaurant for approximately 65 covers.

Restaurant Over Five Floors In A Prime Location To Let: £38,400 pa

Lease

10 year lease from 17th April 2012.

Rent - £38,400 per annum exclusive

Rent Review

Mid term rent review 17th April 2017.

Repairing Liability

Full Repairing and Insuring lease.

Premium

Offers are invited on a guide price of £85,000 (eighty five thousand pounds) for this prime restaurant to include all fixtures and fittings, lease and associated goodwill.

Business Rates

  • Billing Authority: Brighton & Hove
  • Description: Restaurant and premises
  • Rateable Value: £33,000
  • Rates Payable: £16,401
  • Valid from 01 April 2017 (current)

VAT

VAT is payable on the terms quoted.

Legal Fees

Ingoing tenant to pay for all legal costs associated with this transaction.

Viewing Arrangements

Strictly via prior appointment through sole agents Graves Jenkins.

CONTACT

George Dobson BSc (Hons) MRICS
dobson@gravesjenkins.com


These particulars are believed to be correct but their accuracy is not guaranteed. They do not form any part of any contract. You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement.