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: Prime Restaurant Unit with Accommodation Over

121 Church Road , Hove, BN3 2AF

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

Situated on the mid-point on the eastern end of Church Road, Hove on the north side and within close proximity to Norton Road to the north and Fourth Avenue running south. Church Road is one of the main commercial thoroughfares through Hove and includes a number of retailers to include Subway and Cafe Nero, UK wide restaurant operators such as Pizza Express, and office users to include Brighton and Hove City Council. To the east, central Brighton is less than a mile away and west is a densely populated residential area. Portslade is approximately 3 miles away.

KEY FEATURES

  • Prime Church Road
  • 2 Bedroom Flat Over
  • Trading Over 2 Floors
  • Premium Required

An opportunity to acquire a fully fitted, fully licensed and established restaurant premises trading over ground and first floors with fully fitted kitchen at lower ground floor level. A two bedroom flat can be found at second floor level.

PROPERTY DETAILS

Restaurant Accommodation 1911 sq ft (177.54 m2)

ACCOMMODATION

An attractive restaurant premises catering for approximately 100 covers and fitted to a high specification throughout. Comprising of the following;

  • Gross Frontage - 15'
  • Maximum Internal Width - 16’5"
  • Maximum Internal Depth - 61’ 9”
  • Total Restaurant Accommodation - 1,911 sq ft

Restaurant trading area on ground and first floor. Main entrance leads to an open style bar with restaurant trading area to the rear, catering for approximately 80 covers, all at ground floor level. Free standing table and chairs are throughout with wood flooring and air conditioning. Dumbwaiter serves lower ground to first floor. - 957 sq ft.

First Floor - Open plan front and rear sections currently used for additional seating and storage. Plenty of natural light from multiple roof lights allows for a bright open space. - 673 sq ft.

Lower Ground Floor - Fully fitted kitchen with full extraction system, stainless steel fittings and separate free standing appliances. There is also a separate storage/prep area. Separate male and female customer w/c's are also located at this level. - 281 sq ft. - A full inventory is available on request.

Second Floor - 2 bedroom flat used for staff accommodation. Please note, we were unable to gain access at the time of viewing.

Restaurant Accommodation To Let: £41,000 pa

Lease

Held for a term of 15 years from 8th October 2012, protected by the landlord and tenant act 1954.

Passing rent - £41,000 per annum exclusive.

Rent Review

Every third anniversary of the 7th October 2018.

Repairing Liability

Full Repairing and Insuring.

Premium

Offers invited of £70,000 (seventy thousand pounds) for the current valuable leasehold interest, extensive fixtures and fittings and licensing.

Business Rates

  • Billing Authority: Brighton & Hove
  • Description: Restaurant and Premises
  • Rateable Value: £27,500
  • Rates Payable: £13,502
  • Valid from: 2019 (current)

VAT

The property may be elected for VAT and therefore VAT may be payable on the terms quoted.

Legal Fees

Ingoing tenant to cover both parties legal fees associated with this transaction, to include the landlord.

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.