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Prime Restaurant/winebar With 74 Covers For Sale

Brighton & Hove, East Sussex, UK
Asking Price:
£75,000
Turnover:
£343,200
Net Profit:
Available on request

The restaurant & Wine bar comes to the market in excellent condition and is located in one of the best locations in Hove.

The restaurant is located on a busy parade in central Hove which has a number of main bus routes and benefits from a high footfall throughout the year.

The restaurant is located in an affluent area and is surrounded by a combination of large houses and flats.

The restaurant has been in the current vendor’s hands for 17 years and during this time has created excellent goodwill and has achieved a fantastic reputation with outstanding reviews on Facebook (4.4*), Trip Advisor (4*) and Google Reviews (4.3*).

The restaurant currently specialises in Italian food with all food prepared and cooked freshly everyday as well as offering a comprehensive wine and cocktail list.

The business is now only coming to the market as the vendor wishes to focus on other business opportunities.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a full repairing and insuring lease, which has approximately 3 years unexpired at a current rent of £43,200 per annum, inclusive of VAT.

Leasehold Rent:

£43,200 per annum

Location:

The restaurant & Wine bar comes to the market in excellent condition and is located in one of the best locations in Hove. The restaurant is located on a busy parade in central Hove which has a number of main bus routes and benefits from a high footfall throughout the year. The restaurant is located in an affluent area and is surrounded by a combination of large houses and flats.

Premises Details:

The restaurant benefits from being situated on a corner premise in the centre of Hove. The restaurant has been regularly maintained and comes to the market in excellent condition. There is seating for 46 covers inside with an additional 26 covers outside to the front of the restaurant which benefits from the afternoon/evening sun. The outdoor seating also has the benefit of outdoor heating lamps which hang above the tables. There is a custom-built bar to the rear of the premises which has an opening into the main kitchen. Adjacent to the bar is a dumbwaiter which provides access to the basement kitchen. The ground floor kitchen is fully fitted to trade and has the benefit of full extraction, a double pizza oven, chilled pizza prep area and stainless-steel equipment throughout. The basement kitchen has a large preparation area, washing up area with a dishwasher. There are also ample dry storage areas and a walk-in chiller. The customer toilets are also located in the basement with a separate ladies and gents and customer cloakroom. The premises are fitted with CCTV and fire alarms.

Planning Consent:

Sale of retail alcohol
11:00:00 - 23:00:00 Monday- Thursday, Sunday
11:00:00 - 23:30:00 Friday-Saturday

Business Operation

Reasons for selling:

other business intersts

Trading hours:

12pm – 3pm and 5pm-10pm Monday-Thursday then 12pm-10pm on Friday-Sunday

Employees:
8
Years established:
17

Other Information

Support & training:

yes

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