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Established Korean Restaurant / Takeaway In Brighton For Sale

Brighton & Hove, East Sussex, UK
Asking Price:
£250,000 Furniture / Fixtures included
Turnover:
£650,000
Net Profit:
£120,000

The restaurant and takeaway shop are located in the beautiful tourist city of Brighton, England.
Brighton's biggest shopping mall is within a 30-second walk and the sea and station are 3 minutes away.
There are two flats above the shop, each with 2 bedrooms. These can, of course, add to the potential income stream of the property
The basement can be used as a storage facility as well as an office.
We have been permitted an alcohol licence and a music licence, and we have a licence to stay open until midnight at the weekend. This is a solid foundation for any future applications.
The shop is in good condition and is well run. The lease has 20 years to run but we wish to sell for private reasons.

Please get in touch if you are interested.

Property Information

Property:

Leasehold

Lease Terms:

20 years

Leasehold Rent:

£63,000 per annum

Living Accommodation:

There are two flats above the shop, each with 2 bedrooms.

Location:

We are located in the Heart of Brighton.

Energy Performance Rating:
E

Business Operation

Reasons for selling:

We wish to sell for private reasons.

Trading hours:

From 11AM to 9PM everyday

Employees:
7
Years established:
2024

Other Information

Home based:
This business can be run from home.