Description

Prominent double fronted restaurant premises in a mid point within Preston Street and available without any ingoing Premium. Fully licensed and ready for tenant fit out.

Key Features

• Double Fronted Restaurant 
• Fitted Extraction & Licensed Premises
• Ready for Full Tenant Fit Out - No Premium
• Recently Refurbished

Accommodation

Ground and Basement Restaurant Premises - 2005 sq ft (186.27 m2)

Restaurant.

Gross Frontage 30'

Internal Width 25' 3" widening to 29' at its maximum.

Total Depth 42' 3"

Total Restaurant Area 1,140 sq ft (approximate)

A double restaurant unit with steps leading from one unit to another within a virtually open plan environment. Good full window frontage onto Preston Street with the previous tenants kitchen and preparation area to one side and a former bar area to the rear of the other. 

The premises are now vacant and require a full refurbishment by the new ingoing tenant.

There are also some rear rooms and lobby areas, plus two staircases leading down to the basement accommodation.

*Basement *- made up of various rooms for either storage or cellar area, plus former male/female wc accommodation in total approximately 865 sq ft.

There are two Fire Exits out to Little Preston Street.

Full Plans are available on request.

Terms

A new lease for a term of no less than 5 years at a commencing rent of £45,000 per annum, exclusive.

A Rent Free period is available by negotiation due to the requirement of a full refurbishment by the ingoing tenant.

Lease

A new lease by negotiation.

Rent Review

By negotiation.

Repairing Liability 

An effective Full Repairing & Insuring lease by way of a Service Charge payment as a contribution toward the maintenance of the building and Building Insurance.

Premium 

NIL

Business Rates

Restaurant & premises.

Brighton & Hove City Council.

1st April 2017 to present.

Rateable Value £28,250.

VAT

VAT will be payable on the terms quoted.

Legal Fees

Ingoing tenant to pay a contribution toward the Landlords legal expenses.

Viewing Arrangements

Strictly via prior appointment through sole agents Graves Jenkins