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Prime Location Freehold, Retail Premises, Investment In Brighton For Sale

Brighton & Hove, East Sussex, UK
Asking Price:
£775,000 Furniture / Fixtures included
Turnover:
Not applicable
Net Profit:
Not applicable

For over 21 years and currently trading as a popular, boutique health bar/retail and café / juice bar premises,3 storey plus attic workshop /office. Including planning consent for A3 extension, 2 storey, high footfall, prime location, situated in the Desirable 'North Laine' sector, Brighton .Scope for separate conversion to upper levels for apartment / Air B&B type facility income .

This sale is solely for the Premises freehold, ,vacant interest. The Business ,is not included in this offer,
Fixtures & fittings included ,and well equip, the premises is ready for business ,enterprises etc. and very well presented.

For more information, please contact us by using the form below.

Property Information

Property:

Freehold

Living Accommodation:

None at present , as currently entire space is used in current business operation....The 1st floor customer lounge and loft/workshop space has potential for 1 bed apartment . Great potential. Sought after location .

Location:

This property is situated in a truly prime trading position in the North Laine area of the popular tourist East Sussex coastal city of Brighton and Hove. Near from Brighton train station, and 10 minutes walk from the sea.The North Laine area is truly unique and vibrant, enjoying over 400 independent shops, cafes and entertainment venues, and is an area that is always alive with shoppers, visitors and local residents. It is considered very sought-after in terms of retail and catering establishments with massive inward investment, offering numerous opportunities. Freehold commercial properties are very rare indeed and this one is in immaculate condition, having been maintained to an extremely high standard, over the last 20 years.Cheap secure parking is nearby .

Premises Details:

The premises consists of 4 floors including attic space, workshop /office space inc velum ,and benefits from the afternoon sun and a successful independent trading community.
GROUND FLOOR- main retail side of the business, with ample retail space, including a fully-equipped bar, and seating for 6 people inside and 8 people outside. Dimensions: 24' deep by 15' wide, excluding the rear yard.. FullyFitted display units , bar/counter ,furnishings etc , with ample lighting .

FIRST FLOOR- recently refurbished seating area for 30 covers, and has been hired out for seminars and events . The WC is also located on this floor. This space is perfect for renovating into a separate one bedroom apartment.inc attic space , well lit and well presented.

SECOND FLOOR- accessed via a loft ladder from the first floor, this is a windowed and boarded loft space with storage. Currently used by the business for workshop , office and storage.

BASEMENT- contains dry functioning office and storage space- with a backdoor leading to lobby and good Rear Yard , Includes gated access to mews entrance for bulk deliveries, avoiding disruption to main shop area. Some covered units are located here for extra storage etc.
Plot size (approx) ...16 metres depth X 5 metres Depth including rear yard space .
The premises are well-secured, alarmed, with security grills and CCTV. Full brochure available by request .

Planning Consent:

Planning permission passed for a 2-storey extension to the rear, with A3 use. Permission approved in December 2018. Planning approval no. B/H/2018/00959

Energy Performance Rating:
C

Business Operation

Expansion Potential:

There is plenty of potential to expand the opportunities this property offers. Firstly the first floor can be converted to private accommodation, with own entrance- prime location for renting or sale.
Secondly, with the approved planning permission for 2-storey extension to basement and ground floor to the rear to provide extra space ,or, light kitchen facilities, there is potential to offer light food, as well as drinks, or to increase retail space. extra office space ,store in basement .

Competition / Market:

Due to the unique concept of the business, there is no relevant competition in the area. There will always be high demand in the health/nutrition sector, and business analysts support the notion of the huge potential in the health industry, combined with high quality products, and services, that deliver great customer experience and satisfaction. This site is ready to trade, with plenty of scope and potential to increase income and value with many options available, depending on in coming projects and plans. Currently, there is massive investments taking place in Brighton, eg construction and infrastructure, leisure, education, tech, and tourism, and associated developments which open up huge opportunities, within easy access to central London, just one hour by train. This premises is also ideal for any other type of retail offer given its excellent location.

Reasons for selling:

Genuine reason for sale ....Semi-retirement after the 30 years in retail, owners focusing on maintaining online business in UK and overseas , and spending more time with family .

Trading hours:

Monday - Saturday 9.00-6.00
Sunday 10.30-5.30

Employees:
3 for current operation
Years established:
over 20 years in Brighton ,

Other Information

Support & training:

Fixtures and fittings are optional. Willing to advise any new owners with the setting up of any similar products or services. As premises is fully equipped there is huge scope to benefit from the good will loyal customer base and consistent high footfall.

Website:
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Relocatable:
This business can be relocated.

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