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Persian Grill/restaurant Hove For Sale

Hove, East Sussex, UK
Asking Price:
£35,000
Turnover:
£104,000
Net Profit:
Available on request

The Persian grill and restaurant is located on a busy main road in Hove which benefits from a 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 variation of many different retail and food outlets, such as household furniture shops, convenience store, offices, treatment and wellbeing Centre, The Flour Pot bakery, pubs, Post Office as well as a West Hove infant school being only a short walk away. The business has been in current vendors hands for just over 1 year and now only comes to the 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 is held on a full repairing and insuring lease at a current rental of £13,200 per annum and has 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 a 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 variation of many different retail and food outlets, such as household furniture shops, convenience store, offices, treatment and wellbeing Centre,

Premises Details:

The single fronted ground floor premises, comes to the market in excellent condition having been refitted earlier this year. On entering the restaurant there is seating for 22 covers 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 which is used for food preparation and has a washing up area. The vendors have confirmed all fixture 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 covers. Additionally, there is a garage at the very rear of the premise 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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