Description
Located within a distinctive character building adorned with striking green exterior tiling, the space boasts an expansive, inviting shopfront, ample natural light, and an alcohol license.
Although suitable for a variety of uses, the premises present a prime opportunity to acquire a fully equipped and recently renovated, split-level cafe space on the Ground Floor—ready for immediate occupancy.
Currently operating, the premises provide prospective tenants with the advantage of existing goodwill and footfall trade at a low start-up cost.
Key Features
- Desirable North Laine Location
- Recently Renovated and Fully Equipped
- Eligible for Full Small Business Rates Relief
- Licensed Premises
- High Pedestrian Footfall (Day and Night)
- Character Building
Accommodation
Arranged over a split-level Ground Floor, with an attractive shopfront all arranged as follows.
- Internal Width (Max): 16’9”
- Internal Depth (Max): 32’4”
- Floor-to-ceiling height: 9.2 feet (2.8 meters)
Plus a Rear W/C Facility.
Total Accommodation: 461 sq ft (42.8 m2)
Amenities
Equipped with the following amenities.
- Full-service Bar/Counter
- New Wood Laminate Flooring (spare flooring available)
- Modern LED Rail Lighting
- Display Merchandiser Fridge
- Lincat Double-Deck Pizza Oven
- Merrychef High-Speed Oven
- Commercial 2-cup Espresso Coffee Machine
- Stainless Steel Three Door Pizza Prep Counter
- Commercial Crushed Ice Machine
- Multiple Refrigerators and Freezers
- Undercounter Dishwasher
- Two Single-bowl Commercial Sinks and Hand Wash Basin
- Free-standing Tables and Chairs (and Bar Stools)
- Shelving and Storage Cupboards
Lease
Held for a term of ten (10) years from 17th August 2023 and ending on and including 16th August 2033.
Passing Rent - £18,000 per annum, exclusive (payable in advance on the usual quarter days).
The lease is inside the Landlord and Tenant Act 1954 - Part II (as amended).
Rent Review
£18,600 per annum, exclusive for the period 17th August 2025 to 16th August 2028.
Every fifth anniversary of that date thereafter.
Repairing Liability
Internal Repairing & Insuring.
Further details can be provided on request.
Premium
Price on application.
For the benefit of the lease, alcohol license, goodwill, and all quality restaurant fixtures and fittings which would suit a variety of operators.
Option to buy the business by way of Limited Company considered.
Business Rates
- Billing Authority: Brighton & Hove
- Description: Shop and premises
- Rateable Value: £9,900
- Valid from 1 April 2023 to present
Eligible for Full Small Business Rates Relief (SBRR) - https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief
VAT
VAT is not payable on the terms quoted.
Legal Fees
Each party is to pay their own.
Viewing Arrangements
Strictly via prior appointment through Sole Agent Graves Jenkins (t: 01273 701070).