The licenced E class restaurant is located on York Place, which has recently been invested in heavily by Brighton and Hove City council as part of the Valley Gardens improvements scheme. The restaurant is located on the corner of York Place and Trafalgar Street and is highly visible from both pedrestians and people driving past. York Place is one of Brighton’s busiest thoroughfares on the edge of the famous North Laines. The concern is surrounded by local universities, catering and art colleges and on the direct walkway to Brighton mainline railway station and shopper’s pedestrian way from the heart of the Brighton shopping centre to the London Road and Lewes Road neighbourhoods.
- Asking Price:
- £70,000
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The entire premises are held on a new 12-year full repairing and insuring lease at a current rental of £23,000 per annum. Rent reviews to take place every 4 years.
- Leasehold Rent:
-
£23,000 per annum
- Location:
-
The licenced E class restaurant is located on York Place, which has recently been invested in heavily by Brighton and Hove City council as part of the Valley Gardens improvements scheme. The restaurant is located on the corner of York Place and Trafalgar Street and is highly visible from both pedrestians and people driving past. York Place is one of Brighton’s busiest thoroughfares on the edge of the famous North Laines.
- Premises Details:
-
The desirable corner premises has the benefit of windows down the length and front of the property, ensuring the restaurant is flooded with natural light. The restaurant provides seating for 28 covers inside, with the option of a further 24-30 outside by way of a pavement licence. The open plan kitchen is towards the rear of the premises and was recently fully refurbished with full commercial extraction installed.
The premises come to the market in excellent condition and all equipment has been regularly maintained and serviced. The toilets are in the basement. Along with a washing up area and several commercial upright fridges. There is also a large storeroom and office. The premises is also fitted with air conditioning and CCTV.
- Energy Performance Rating:
- B
Business Operation
- Reasons for selling:
-
not trading
