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 Available: Restaurant/Take Away Opportunity in Central Hove

162 Portland Road, Hove, BN3 5QL

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

Situated on the southern side of Portland Road, close to the corner of Raphael Road, on a mid-point along the busy retail thoroughfare. Surrounded by a densely populated residential area and close by is the Co-Op Supermarket, Quaff Fine Wine Merchants and Three Graces Public House, amongst other national and local business outlets. Portslade Railway station is to the west.

KEY FEATURES

  • Recent Renovation / Brand New Fit Out
  • Ready for Immediate Trade
  • Busy Portland Road Residential Area
  • Superb Takeaway Opportunity

Portland Road continues to represent one of the most prominent retail destinations in Hove. This retail unit is ideally suited for A3/A5 (Restaurants/Hot Food Takeaway) users, specifically pizza takeaway operators, given the recent fit out alongside the large display window frontage and over 40,000 households within a 2-mile radius of the premises.

Plans Available.

PROPERTY DETAILS

Ground Floor 622 sq ft (57.79 m2)

ACCOMMODATION

Ground Floor takeaway as follows:

Gross Frontage 13’ Internal Width (Max) 16’ 3” Total Depth (Max) 54’ 1”

Total Accommodation – 622 sq. ft. (57.8 m2)

Ground Floor: Recently renovated and complete fit out earlier this year, to include a newly fitted kitchen with extraction, cold room, storage facilities, modern service counter with POS system and stainless steel work tops. To the rear is a prep area with staff w/c and additional storage room. Further access is provided to a rear courtyard.

Ground Floor To Let: £13,250 pa

Lease

A lease dated from the 29th January 2007 for a term of 20 years - inside the Landlord and Tenant Act 1954 (as amended).

Rent Review

N/A

Repairing Liability

Effective Full Repairing and Insuring

Premium

£50,000

For the benefit of the leasehold interest, licensing and new fixtures and fittings - a full inventory is available on request.

Business Rates

Billing Authority: Brighton & Hove

Description: Shop and Premises Rateable Value: £7,400 Rates Payable: £3,404

Valid from 01 April 2017 (current)

VAT

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

Legal Fees

Each party to be responsible for their own legal fees.

Viewing Arrangements

Strictly via prior appointment through Agents Graves Jenkins

CONTACT

Oliver Graves MBA
oli@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.