Exceptional Cocktail Bar with Two Self-Contained Flats in Prime Central Brighton Location
This is a rare opportunity to acquire a highly successful and stylish cocktail bar located in the heart of Brighton. Situated on vibrant street—renowned for its bustling mix of bars and restaurants—the business enjoys exceptional footfall from both locals and tourists year-round. In addition, a large multi-storey car park is just a short walk away which ensures convenient access for customers. The bar has been meticulously maintained and comes to the market in excellent condition. It has been operated by the current owners for over 22 years, during which time it has built an outstanding reputation for quality, atmosphere, and service. The business boasts glowing reviews, including an impressive 4.8 stars on TripAdvisor and 4.7 stars on Google Reviews, reflecting its popularity and loyal clientele.
- Asking Price:
- £240,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Leasehold Type:
- Existing
- Lease Terms:
-
The ground floor and basement are held on an FRI lease for a total term of 25 years from September 2016. There is approximately 10 years remaining at a current rental of £23,499 per annum. The first and second floor are held on a separate FRI lease at a current rental of £20,004 per annum and has approximately 10 years remaining
- Leasehold Rent:
-
23,499 / £20,004 per annum
- Living Accommodation:
-
ACCOMMODATION: The premises includes two self-contained flats which consist of one double bedroom, open plan lounge and kitchen and bathroom. Flat 1 is currently let for £1,100 per month and Flat 2 is let for £1,000 per month. Please note – we were unable to inspect the flats at the flats at the time of inspection.
- Location:
-
This is a rare opportunity to acquire a highly successful and stylish cocktail bar located in the heart of Brighton. Situated on vibrant street—renowned for its bustling mix of bars and restaurants—the business enjoys exceptional footfall from both locals and tourists year-round. In addition, a large multi-storey car park is just a short walk away which ensures convenient access for customers
- Premises Details:
-
This beautifully presented, and fully equipped cocktail bar is offered to the market in excellent condition, having been meticulously maintained throughout. Located in a prime trading position in a vibrant and busy area, the venue combines stylish interiors with a highly functional layout. Upon entry, guests are welcomed by a striking bespoke cocktail bar positioned on the left-hand side, complete with undercounter fridges, ice machine, glass washer, and dedicated prep space—designed for smooth and efficient service. The ground floor accommodates approximately 45 covers in an refined and intimate setting.
- Energy Performance Rating:
- F
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
other interests
- Trading hours:
-
12pm-midnight –Tuesday- Sunday.
- Employees:
- 5
- Years established:
- 22
