The E class premise is currently trading as a fast-food restaurant and has an offering of burgers & fries. The business was established 14 months ago and during this time has created an excellent reputation and brand awareness amongst customers and locals. They have received outstanding reviews on Just Eats (4.6*), Deliveroo (4.5*) and Google Reviews (4.7*). The fast-food restaurant is located on a busy retail parade of Portland Road in Hove, East Sussex and benefits from a high footfall throughout the year as it is located in a thickly populated residential area and is surrounded by a variation of many different retail outlets, such as The Flower Pot bakery, Gunns Florist, convenience stores, offices, Post Office, co-op, etc. The premises is also near several English Language schools, which boasts students throughout the year, who require daily lunches while they are visiting. The vendor has only now decided to sell so that they can focus on other business opportunities.
- Asking Price:
- £85,000
- Turnover:
- £182,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The entire premises are held on a full repairing and insuring lease, which currently has 14 years remaining at a current rental of £12,000 per annum, with 3 yearly rent reviews.
- Leasehold Rent:
-
£12,000 per annum
- Location:
-
The fast-food restaurant is located on a busy retail parade of Portland Road in Hove, East Sussex and benefits from a high footfall throughout the year as it is located in a thickly populated residential area and is surrounded by a variation of many different retail outlets, such as The Flower Pot bakery, Gunns Florist, convenience stores, offices, Post Office, co-op, etc. The premises is also near several English Language schools, which boasts students throughout the year, who require daily lunches while they are visiting.
- Premises Details:
-
The premise underwent a thorough refurbishment in 2023 and comes to the market in excellent condition. The ground floor single fronted shop has a serve over counter with monitors above displaying the menu. There is also seating for 4 covers in the window on bar stools. The kitchen area is towards the rear of the premise with fully fitted extraction available, which has been regularly served and maintained. A full list of the trade fixtures and fittings will be provided to any bona fide purchaser. There is a staff toilet to the rear of the premises.
- Planning Consent:
-
E
- Energy Performance Rating:
- C
Business Operation
- Reasons for selling:
-
other business interest
- Trading hours:
-
Tuesday-Sunday 5pm-11pm
- Employees:
- 5
- Years established:
- 1
