The cocktail bar & restaurant come to the market in excellent condition having only just gone through a complete refurbishment. The cocktail bar/restaurant is located on a busy parade on Church road, Hove and is adjacent to the popular shopping area of George Street. Church Road is a very busy main road, with a number of main bus routes running along it and benefits from a high footfall throughout the year. The business has developed an excellent reputation offering delicious food and cocktails and has achieved a 5-star rating on Google Reviews. It only now comes to the market due to the vendors wishing to focus on other business opportunities.
- Asking Price:
- £120,000
- Turnover:
- Available on request
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises are held on a full repairing and insuring lease, which has approximately 6 years unexpired at a current rent of £22,000 per annum. The next rent review is due to take place in 2023.
- Location:
-
The cocktail bar/restaurant is located on a busy parade on Church road, Hove and is adjacent to the popular shopping area of George Street. Church Road is a very busy main road, with a number of main bus routes running along it and benefits from a high footfall throughout the year.
- Premises Details:
-
This is an extremely smart premises having recently under gone a full refurbishment and comes to the market in excellent condition. The bar/restaurant occupies a fantastic location on corner of Church Road and Albany Villas. The ground floor provides covers for 36 inside. The bespoke cocktail bar is located to the rear of the premises. The kitchen is fully fitted with full extraction and is located in the basement. The kitchen has a separate preparation area, dry store and washing up space. The kitchens have a wealth of fixture and fittings and a full inventory is available on request. The customer toilets are also located on the lower ground floor, where there is also a staff room. The premises is also fitted with a sound system and has CCTV.
- Planning Consent:
-
ALCOHOL LICENCE
The sale and supply of alcohol shall be by waiter/waitress service to persons seated at tables and there will be no vertical drinking. Substantial food shall be available at all times that alcohol is offered for sale on these premises.
Late Night Refreshment
Times: 23:00:00 - 00:00:00 Every DaySale by Retail of Alcohol
Alcohol consumed: Both on and off the premises
Times: 11:00:00 - 00:00:00 Every Day
- Energy Performance Rating:
- E
Business Operation
- Reasons for selling:
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Other business interests.
- Trading hours:
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The business trades between the hours of 3pm – 12am Thursday-Sunday.
- Employees:
- 8
