Brighton Office:
01273 70 10 70
Crawley Office:
01293 40 10 40
Brighton Residential:
01273 60 10 60
Haywards Heath:
01444 45 84 44
Lease For Sale: Arguably One of Brighton's Best Restaurant Sites

15-18 Meeting House Lane, Brighton, BN1 1HB

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

Situated in the heart of Brighton famous Lanes in Meeting House Lane and close to its junction with North Street. A pedestrianised and well established trading area frequented by locals and tourists with a high level pedestrian flow at all times of the day and night. Immediately adjacent to the new Hannington Lane development which boasts new tenants such as Habitat, Oliver Bonas, Watches of Switzerland, Flying Tiger, Gingerman Restaurant, Cath Kidson and more. Riddle & Finns and the new Ivy and Coppa Club are close by.

KEY FEATURES

  • Prime City Centre 'Lanes' Restaurant
  • On Two Trading Floors plus Impressive Courtyard
  • Adjacent to new Hanningtons Lane development
  • Unique A3 Trading Opportunity

Currently L-shaped premises around a central Courtyard and access from the main Lanes. Trading over both ground and first floors with fully fitted kitchen, preparation, storage and wc accommodation.

PROPERTY DETAILS

Ground and First Floor Restaurant 3150 sq ft (292.64 m2)

ACCOMMODATION

Ground Floor

Restaurant area L-shaped and overlooking the central Courtyard. Trading area - 1,900 sq ft which includes open bar/servery, rear kitchen and preparation area and stores. Disabled wc. (not including main staircase).

First Floor

Currently operated as a private dining and bar area with the male/female wc accommodation on the south wing. Total area - 1,250 sq ft to include restaurant/bar area, wc accommodation and stores (excluding Staircase).

Total trading area over two floors - 3,150 sq ft.

Courtyard

Measuring approximately 36 ft x 32 ft with potential covers of about 50-60 people depending on arrangement. There could be the potential to expand the restaurant trading area into the courtyard subject to planning and landlords consent.

Full plans are available on request.

A full inventory is available on request.

RENT DEPOSIT

The landlord may require a Rent Deposit Deed from the ingoing tenant equal to 6 months rent, subject to covenant.

Ground and First Floor Restaurant To Let: £80,000 pa

Lease

Held for a term of 15 years from 27th April 2012.

Rent: £80,000 per annum, exclusive.

Rent Review

Next rent review April 2022.

Repairing Liability

Full Repairing & Insuring

Premium

Offers are invited on a guide premium of £200,000 (two hundred thousand pounds) for the benefit of the leasehold interest, restaurant goodwill, licences and full inventory.

Business Rates

  • Billing Authority: Brighton & Hove
  • Description: Restaurant and Premises
  • Rateable Value: £66,500
  • Rates Payable: £33,516
  • Valid from: 2019 (current)

VAT

VAT maybe applicable to the terms quoted.

Legal Fees

Ingoing tenant to be responsible for both parties reasonable legal costs to include the landlord licence costs.

Viewing Arrangements

Strictly via prior appointment through sole agents Graves Jenkins

CONTACT


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.