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Established Cocktail Bar Restaurant In Brighton And Hove For Sale

Brighton & Hove, East Sussex, UK
Asking Price:
£89,950
Turnover:
£364,000
Net Profit:
Available on request

This fully fitted cocktail bar/restaurant comes to the market in excellent condition and is located in Hove, East Sussex.

The vendor opened the bar two years ago and now only comes to the market because they wish to relocate. At present, the vendor has focused on operating a cocktail bar and serving a selection of small plates, burgers, etc.

The business only opens for a lunch and dinner service on Friday-Sunday. There is significant scope to increase trading hours and capitalise on the morning breakfast/brunch trade as well.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

The premises are held on a full repairing and insuring lease, which has approximately 12 years unexpired at a current rent of £28,000 per annum. Rent reviews take place every 4 years.

Leasehold Rent:

£28,000 per annum

Location:

This fully fitted cocktail bar/restaurant comes to the market in excellent condition and is located on in Hove, East Sussex.

Premises Details:

The restaurant is located in a desirable location in Hove, East Sussex. It is close to Hove Library and a number of restaurants as well as the popular shopping area of George Street. It’s located on a very busy main road, with a number of main bus routes running along it and benefits from a high footfall throughout the year. This is an extremely smart premises and comes to the market in excellent condition. The ground floor provides covers for 35 at the front of the premises with an additional 40 covers in the covered garden at the rear of the premises. Towards the rear of the premises is the bespoke cocktail bar area. The garden at the rear of the premises has a temporary cover during the winter months and also has a number of outdoor heaters. The separate ladies and gents’ toilets are to the rear of the premises. The kitchen is located in the basement which is fully fitted with full extraction and a chiller room. The kitchen has a wealth of fixture and fittings and a full inventory is available on request. There is also a large storage room in the basement, office space and access to the staff toilet.

Planning Consent:

Sale of retail alcohol on the premises. 1. The sale of intoxicating liquor and other beverages shall be waiter/waitress service for consumption by persons seated at tables. 2. Substantial food shall be available at all times. 3. There will be no vertical drinking.

Energy Performance Rating:
D

Business Operation

Reasons for selling:

Other interests

Trading hours:

The current trading hours are Monday-Thursday 4pm-12am and 12pm-12am on Friday-Sunday.

Employees:
5
Years established:
2

Other Information

Support & training:

yes

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