HEADLINE
Refurbished Restaurant & Bar Premises — Hove | Leasehold | Quick Sale | £3,000
OVERVIEW
A genuine quick-sale opportunity to acquire the leasehold of a recently refurbished food and beverage premises in Hove, offered at £3,000 following the owner's relocation abroad. No premium for goodwill. No business rates. Ready for immediate occupation.
THE PREMISES
The premises are a well-proportioned ground-floor unit, refurbished six months ago, with dining areas, kitchen/storage space, WC facilities, and an outdoor seating area. The premises are in excellent decorative order throughout.
The kitchen is a fitted shell with power and water services connected, ready for a buyer to specify and install their own equipment — an advantage for operators who want a setup built around their own requirements rather than inheriting a previous owner's choices.
THE LEASE
Remaining term: 12 years
Annual rent: £20,000 per annum
Business rates: Nil — premises fall below the threshold
Break clause: Tenant only, June 2029
WHAT'S INCLUDED
All fixtures and fittings pass with the sale: commercial refrigerator, bar unit, tables and chairs, and shelving throughout.
REASON FOR SALE
The owner has relocated abroad and requires a prompt sale. The asking price of £3,000 reflects this — not the condition, location, or lease value of the premises.
WHO THIS SUITS
First-time operators, existing hospitality businesses seeking a second site, or new concepts looking for well-located, move-in-ready premises in Hove without the typical leasehold premium.
