Description
A unique opportunity to acquire prime restaurant premises in the heart of Brighton with all the necessary licenses and ready for immediate trade.
The premises benefit from a rear first-floor fully fitted kitchen, open plan seating arrangement with outside seating, extensive storage and office facilities, suitable A/C units, multiple WCs, integrated sound system and CCTV.
Key Features
- Ground and First-Floor restaurant with a fully equipped rear kitchen
- Favourable alcohol license
- Outdoor seating on the First Floor
- Versatile and flexible space available
Accommodation
Ground Floor
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Trading Area: 934 sq ft (86.8 m2)
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Basement: Storage and WC facilities.
First Floor
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Rear Kitchen: 734 sq ft (68.2 m²) with access to a side external refuse area, equipped with a comprehensive modern extraction system, pizza ovens, commercial-grade fridges/freezers, a walk-in cold room, durable industrial flooring, and several stainless steel preparation stations.
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Trading Area: 1,357 sq ft (126.1 m2) including outside seating (777 sq ft / 72.2 m2), multiple WCs, storage, and an office facility.
Total Accommodation: 3,025 sq ft (281.1 m²)
The current restaurant layout accommodates approximately 150 covers, plus additional outdoor seating, and features a mix of banquet seating, free-standing tables and chairs, and a fully licensed bar.
This property offers a fantastic opportunity for the new owner to renovate and upgrade the space to suit their vision.
Lease
A new lease is available on flexible leasing terms.
Guide Rental Level: £85,000 per annum, exclusive.
Rent Review
By negotiation.
Repairing Liability
An effective Full Repairing & Insuring lease by way of service charge contribution.
Further details are available on request.
Premium
£80,000 (eighty thousand pounds) - For the benefit of the lease, license and all quality restaurant fixtures and fittings which would suit a variety of operators.
Business Rates
Unit 20 (Ground Floor), Brighton Square, Brighton, BN1 1HD
- Billing Authority: Brighton & Hove
- Description: Offices, shop and premises
- Rateable Value: £39,000
- Valid from 1 April 2023 to present
Unit 5 (First Floor), Brighton Square, Brighton, BN1 1HD
- Billing Authority: Brighton & Hove
- Description: Office and premises
- Rateable Value: £64,000
- Valid from 1 April 2023 to present
To be reassessed.
VAT
The building has been elected and therefore VAT will be payable on the terms quoted.
Legal Fees
Each party is to pay their own legal fees.
Viewing Arrangements
Strictly via prior appointment through sole joint agents Graves Jenkins (t: 01273 701070) and Graves Son & Pilcher.