An exceptional opportunity to acquire a long-established and fully fitted restaurant occupying a prime trading position on the highly sought-after Preston Street in Brighton, only moments from the seafront and the landmark Brighton i360. Renowned for its vibrant hospitality scene, Preston Street benefits from substantial pedestrian footfall throughout the year from both local residents and the city’s thriving tourist trade, whilst nearby public parking and excellent transport links further enhance the location’s accessibility. Currently operating as a successful Moroccan and Lebanese restaurant, the business has been established for approximately 20 years and has cultivated an enviable reputation within the local dining scene, supported by excellent reviews across Tripadvisor, Facebook and Google. The venue is particularly well regarded for its authentic cuisine, welcoming atmosphere and loyal repeat customer base. In addition to its established restaurant trade, the business also hosts private functions and live music events, creating a lively and atmospheric destination venue with multiple income streams. The premises are offered fully equipped and ready for immediate operation, representing a genuine turnkey opportunity for an incoming operator. Whilst currently trading as a Moroccan and Lebanese restaurant, the property would lend itself equally well to a variety of alternative cuisines or hospitality concepts, subject to any necessary consents. Held on the benefit of a secure lease, this is a rare opportunity to acquire a well-established and highly regarded hospitality business in one of Brighton’s most desirable leisure and dining locations.
- Asking Price:
- £80,000
- Turnover:
- £286,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises are currently held on a full repairing and insuring lease, which has approximately 18 year remaining on the lease, at current rental of £28,000 per annum. The lease has the protection of the 1954 Landlord and Tenant Act. Rent reviews are every 5 years
- Leasehold Rent:
-
£28,000 per annum
- Location:
-
An exceptional opportunity to acquire a long-established and fully fitted restaurant occupying a prime trading position on the highly sought-after Preston Street in Brighton, only moments from the seafront and the landmark Brighton i360. Renowned for its vibrant hospitality scene, Preston Street benefits from substantial pedestrian footfall throughout the year from both local residents and the city’s thriving tourist trade, whilst nearby public parking and excellent transport links further enhance the location’s accessibility. Currently operating as a successful Moroccan and Lebanese restaurant, the business has been established for approximately 20 years and has cultivated an enviable reputation within the local dining scene, supported by excellent reviews across Tripadvisor, Facebook and Google. The venue is particularly well regarded for its authentic cuisine, welcoming atmosphere and loyal repeat customer base. In addition to its established restaurant trade, the business also hosts private functions and live music events, creating a lively and atmospheric destination venue with multiple income streams.
- Premises Details:
-
The restaurant is well presented throughout and occupies a highly desirable trading position on the southern end of Preston Street, just a short walk from the seafront and the renowned Brighton i360. Arranged over ground floor and basement levels, the premises provide approximately 50 covers internally, together with an additional 8 covers to the front terrace area. The restaurant has been fitted out to a high standard with an attractive Moroccan-inspired theme incorporating comfortable booth and sofa seating, decorative Moroccan tiling and feature lighting, creating a stylish and welcoming dining environment. To the rear of the main restaurant area is a well-equipped bar and service station complete with glass washer and drinks preparation area. The fully fitted commercial kitchen is located at basement level and benefits from full extraction together with a comprehensive range of catering equipment including a charcoal grill and gas hob. The kitchen has been thoughtfully arranged into separate preparation, cooking and wash-up sections to support efficient service.Additional basement accommodation includes customer WC facilities, staff toilet facilities and useful storage space.
Business Operation
- Management type:
- This business has absentee ownership.
- Reasons for selling:
-
retirement
- Trading hours:
-
2:00pm – 11:00pm. Summer
5:00pm – 11:00pm Winter. Seven days
- Employees:
- fully staff managed and operates with a well-established team structure consisting of one full-time manager, two part-time front of house staff members, one full-time head chef, and two part-time chefs.
- Years established:
- 20
