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Cocktail Bar & Kitchen In Brighton For Sale

Brighton & Hove, East Sussex, UK
Asking Price:
£75,000
Turnover:
£208,000
Net Profit:
Undisclosed

BEAUTIFULLY REFURBISHED CENTRAL BRIGHTON, EAST SUSSEX

The cocktail bar is located in the Seven Dials area which is surrounded by a densely populated residential neighbourhood and is in within easy reach of Brighton mainline railway station. In the surrounding area there are a number of retail and catering premises, making this a thriving parade of shops serving the local community and ensuring a high footfall of pedestrians throughout the year.

They have held a number of pop events, such as a cocktail master classes and have bookings through 2024 for hen parties. The vendor is only selling the business as she is in the process of relocating. There is significant opportunity to grow the business further by offering off-premises sales, increasing opening hours and expanding the current food offering.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

The entire premises are held on a full repairing and insuring lease which has approximately 11 years unexpired at a current rental of £32,000 per annum. The lease has the benefit of the 1954 Landlord and Tenant Act. The next rent review is due to take place on the 15th July 2029.

Location:

The cocktail bar is located in the Seven Dials area which is surrounded by a densely populated residential neighbourhood and is in within easy reach of Brighton mainline railway station. In the surrounding area there are a number of retail and catering premises, making this a thriving parade of shops serving the local community and ensuring a high footfall of pedestrians throughout the year.

Premises Details:

The cocktail bar/restaurant is superbly fitted and underwent a complete refurbishment in 2022 and comes to the market in excellent condition. There is a custom-built cocktail bar which provides seating for 4 covers, with an additional 30 covers in the bar area and a further 30 covers in the restaurant area, which can also be partitioned off for private functions. All equipment is owned outright by the vendor and will be included in the sale. Also, on the ground floor is a small office space and access to the disabled toilet. The lower ground floor contains the men and women’s toilets, a storage area and a fully equipped kitchen which is fitted with full extraction. Within the kitchen there is a separate washing up area, food preparation space and cooking area. Access to the courtyard garden is from the ground floor via a staircase, which provides seating for an additional 50 covers.

Planning Consent:

LICENCES HELD Licence number - 1445/3/2023/02118/LAPREV
Late Night Refreshment 23:00:00 - 23:30:00 Monday-Saturday
Opening hours 10:00:00 - 00:00:00 Monday-Saturday, 11:00:00 - 23:00:00 Sunday
Sale by Retail of Alcohol 10:00:00 - 23:00:00 Monday-Saturday, 11:00:00 - 22:30:00 Sunday

Energy Performance Rating:
C

Business Operation

Reasons for selling:

The vendor is relocating

Trading hours:

The business currently trades Wednesday-Friday 4pm-11pm, Saturday 11am-11pm and Sunday 12pm-8pm

Employees:
2
Years established:
1

Other Information

Support & training:

yes

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