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Persian Grill and Restaurant In Hove For Sale

Hove, East Sussex, UK
Asking Price:
£17,500
Turnover:
£104,000
Net Profit:
Undisclosed

The Persian Grill and Restaurant is located on a busy main road in Hove, which benefits from high footfall as it is located in a thickly populated residential area of Portland Road, which is adjacent to Poet’s Corner. The premises are surrounded by a variety of different retail and food outlets, such as household furniture shops, convenience stores, offices, treatment and wellbeing centres, The Flour Pot bakery, pubs, and the Post Office, as well as a West Hove infant school that is only a short walk away. The business has been in the current vendor's hands for just over a year and now only comes to market due to family commitments. During this time, they have already established a sound customer base with excellent reviews received on Trip Advisor (4*), Just Eat (4.5*), and Google Reviews (4.8*).

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a full repairing and insuring lease at a current rental of £13,200 per annum and have 9 years remaining on the lease. Rent review dates are to take place every 4 years.

Leasehold Rent:

£13,200 per annum

Location:

The Persian grill and restaurant is located on a busy main road in Hove, which benefits from high footfall as it is located in a thickly populated residential area of Portland Road, which is adjacent to Poet’s corner. The premises are surrounded by a variety of different retail and food outlets, such as household furniture shops, convenience stores, offices, treatment and wellbeing centres,

Premises Details:

The single-fronted ground-floor premises come to the market in excellent condition, having been refitted earlier this year. On entering the restaurant, there is seating for 22 people, with a serve-over counter towards the rear of the restaurant space. The kitchen is at the rear of the property, which includes a charcoal grill and full catering extraction. Adjacent to the cooking area is a separate room that is used for food preparation and has a washing-up area. The vendors have confirmed all fixtures and fittings are owned outright by them, and nothing is on hire or lease. There is a large seating area at the rear of the premises, which provides seating for 20 people. Additionally, there is a garage at the very rear of the premises, which is used for storage.

Planning Consent:

E

Energy Performance Rating:
B

Business Operation

Reasons for selling:

Family commitments

Trading hours:

Monday, Wednesday-Sunday 4pm-10pm.

Years established:
1

Other Information

Support & training:

yes

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