The restaurant 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 on Church road, Hove which is a bustling main road, which has a number of main bus routes and benefits from a high footfall throughout the year. Church Road is surrounded by a combination of large house and flats, as well as offices. The restaurant has been in the current vendor’s hands for over 2 years and during this time has created excellent goodwill and has achieved a fantastic reputation with outstanding reviews on Facebook (5*), Trip Advisor (4.5*) and Google Reviews (4.5*).
- Asking Price:
- £95,000
- Turnover:
- £364,000
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises are held on a full repairing and insuring lease, which has approximately 13 years unexpired at a current rent of £45,000 per annum. There is a break clause and rent review in 2026.
- Leasehold Rent:
-
£45,000 per annum
- Location:
-
The restaurant is located on a busy parade on Church road, Hove which is a bustling main road, which has a number of main bus routes and benefits from a high footfall throughout the year. Church Road is surrounded by a combination of large house and flats, as well as offices
- Premises Details:
-
This is an extremely smart premises having recently under gone a full refurbishment and comes to the market in excellent condition. The ground floor provides covers for 55 inside with an additional 10 outside at the front of the building. The vendors installed a custom-built cocktail bar where customers can drink or dine there. Behind the bar is access to the dumb waiter from the kitchen on the lower ground floor. Towards the rear of the ground floor is a separate private dining area. The large kitchen is located on the lower ground floor and has a wealth of fixture and fittings and comes to the market in excellent condition. The kitchen has the benefit of full extraction with a walk-in chiller room.
- Planning Consent:
-
Sale of retail alcohol
12:00:00 - 23:00:00 Monday-Saturday
12:00:00 - 22:30:00 Sunday
- Energy Performance Rating:
- C
Business Operation
- Reasons for selling:
-
Other interests
- Trading hours:
-
12pm – 10:30pm Wednesday – Sunday.
- Employees:
- 6
- Years established:
- 2
