Description

A fully equipped and recently renovated takeaway/restaurant spanning the ground and lower ground floors, ready for immediate operation. Strategically located near the iconic Brighton Seafront, it features outdoor seating and the potential for extended operating hours.

This premises offers a unique trading opportunity for various operators at a relatively low start-up cost.

Key Features

• Fully equipped with modern extraction system
• Prime location near Brighton Seafront
• Recently renovated with contemporary features
• Eligible for Small Business Rates Relief
• Potential for extended operating hours

Accommodation

Arranged over Ground and Basement floors, with attractive shopfront all arranged as follows.

• Ground Floor Trading Area: 298 sq ft (27.7 m2)
• Basement: 185 sq ft (18.2 m2) - with rear WC, storage facilities and stainless steel preparation surfaces.

Total Accommodation: 483 sq ft (44.9 m2)

Equipped with the following amenities.

• Comprehensive modern extraction system
• Full-service bar
• Sliding double-door bottle cooler
• Two Buffalo single-tank, single-basket countertop fryers
• Commercial refrigerators and freezers
• Multiple commercial refrigerator counters
• Nisbets countertop griddle
• Durable kitchen flooring
• Two single-bowl commercial sinks
• Commercial shelving units

Lease

Held for a term of 5 years beginning on, and including, 1st September 2021.

Passing rent - £20,000 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). 

A new lease will be available on flexible leasing terms.

Rent Review

N/A.

Repairing Liability 

Internal Repairing (to include shopfront) and Insuring.

Premium 

Guide Premium - £25,000 (twenty-five 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

• Billing Authority: Brighton & Hove
• Description: Shop and premises
• Rateable Value: £11,250
• Valid from 1 April 2023 to present

Potential Benefit from 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).