This business occupies one of the premier positions within the heart of the famous Brighton Lanes. At present it is trading as an Indian restaurant and was established in 1987. During this substantial time the current owner has developed an an excellent reputation and repeat trade among locals and
visitors to the area. In addition to the trade in the restaurant, they also offer a popular takeaway service which is executed by Deliveroo, Uber Eats and Just Eats. The business is now only coming to the market due to the vendors wish retire. The business has an extensive inventory of valuable trade fixture and fittings which are due to be included in the sale.
- Asking Price:
- £50,000
- Turnover:
- £260,000
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
A new full repairing and insuring lease will be granted for a term of 15 years with 3 yearly upward only rent reviews. The commencing rent will be £35,000 per annum.
- Leasehold Rent:
-
£35,000 per annum
- Location:
-
This business occupies one of the premier positions within the heart of the famous Brighton Lanes. At present it is trading as an Indian restaurant and was established in 1987.
- Premises Details:
-
The premise is located in the centre of Brighton and is only a few minutes’ walk to Brighton’s seafront and many of the large hotels in the area. The restaurant is located in a single fronted premise and comes to the market in excellent condition. On entering the restaurant there is seating for 76 covers with an additional 4 covers outside to the front of the restaurant. There is a bar and drinks prep area, with the kitchen adjacent to this. The kitchen comes to the market with a wealth of fixture and fittings and is fitted with full commercial extraction. The male toilets are located towards the rear of restaurant with the lady’s toilets being located
on the 1st floor. Access to the basement is next to the bar area and has restricted height, but is currently used to store a number of chest freezers and is used as a dry store. There is also a spaceat the very rear of the premise which is currently being used for additional storage or alternatively could be an additional seating area for a further 10 covers.
- Planning Consent:
-
ALCOHOL LICENCE: 1445/3/2017/02447/LAPRET
Sale of retail alcohol between the hours of 10am-midnight Monday-Saturday and 12pm- midnight on Sunday. Alcohol to be consumed on the premises.
Business Operation
- Reasons for selling:
-
Other business interests.
- Trading hours:
-
Tuesday-Sunday 5:30pm-11pm.
- Employees:
- 6
- Years established:
- 46
