Established for many years, this highly regarded restaurant has become an integral part of Brighton’s vibrant dining scene, enjoying an exceptional reputation together with a loyal and longstanding customer base drawn from both locals and tourists alike. The business continues to benefit from highly rated customer reviews and strong repeat trade. Occupying a prime trading position within the heart of Brighton, in one of the city’s most sought-after hospitality destinations, the location benefits from exceptional year-round footfall and a constant flow of visitors from nearby retail areas, the seafront and key transport links. The business is currently operated successfully under management and represents a profitable and well-established operation with a proven trading history. Having successfully operated the business for many years, the current owners have taken the decision to place the restaurant on the market due to retirement. Financial information will be made available to bona fide purchasers upon request.
- Asking Price:
- £275,000
- Turnover:
- £884,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
A new full repairing and insuring lease will be granted at a commencing rental of £40,000. For a term of 12 years with upward only rent reviews taking place every four years.
- Leasehold Rent:
-
£40,000 per annum
- Location:
-
Occupying a prime trading position within the heart of Brighton, in one of the city’s most sought-after hospitality destinations, the location benefits from exceptional year-round footfall and a constant flow of visitors from nearby retail areas, the seafront and key transport links.
- Premises Details:
-
The restaurant is presented to the market in excellent condition throughout, with both the premises and equipment having been regularly maintained to a high standard. The dining area provides approximately 54 covers internally, together with additional seating for 8 customers to the front of the restaurant, creating an attractive trading environment. Positioned within the main restaurant area is a well-appointed bar and drinks preparation section, complete with a two-group coffee machine. To the rear of the premises is a fully fitted commercial kitchen incorporating extraction facilities together with an extensive range of catering equipment, with a full inventory available upon request. The kitchen has been efficiently configured into dedicated preparation, cooking and wash-up areas, allowing for smooth day-to-day operations. Customer toilet facilities are situated adjacent to the bar area. The premises further benefit from a substantial basement area accessed via a trap door, currently utilised for the storage of dry goods, alcohol and freezer facilities.
- Energy Performance Rating:
- B
Business Operation
- Management type:
- This business has absentee ownership.
- Reasons for selling:
-
Retirement
- Trading hours:
-
12:30pm until 9:00pm, Wednesday through to Monday
- Employees:
- under management and benefits from an established staffing structure comprising one full-time manager, one full-time assistant manager, two full-time and five part-time waiting staff. The kitchen team consists of one full-time head chef, two additional full-time chefs and one part-time chef.
