This business occupies one of the premier positions within the heart Brighton. It is only a short walk to Brighton’s seafront, Palace Pier and The Royal Pavilion. The restaurant has been open for two years and now only comes to the market due to the vendors wishing to relocate out of Brighton. The restaurant specialises in the sale of Fish & Chips and during the present owner’s stewardship, they have created excellent goodwill and valuable repeat customer base, with 4.9-star reviews on Google and 5 stars on Trip Advisor. This is an excellent opportunity to buy a fully fitted restaurant in a prime location in Brighton City Centre. The current owners have also secured a fixed energy rate of 18p/kWh until March 2024, which can be transferred with the sale of the company.
- Asking Price:
- £40,000
- Turnover:
- £364,000
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises is held on a full repairing and insuring lease at a current rental of £35,000 per annum exclusive. The current leases have approximately 10 years left and the next rent review is in September 2023, where there is also a tenant only break clause.
- Leasehold Rent:
-
£35,000 per annum
- Location:
-
This business occupies one of the premier positions within the heart Brighton. It is only a short walk to Brighton’s seafront, Palace Pier and The Royal Pavilion. The restaurant has been open for two years and now only comes to the market due to the vendors wishing to relocate out of Brighton
- Premises Details:
-
The restaurant is located in one of the busiest areas in Brighton and sees a high footfall throughout the year. On entering the restaurant, across the ground floor and first floor there is space for 60 diners. Towards the rear of the premises is a games room and additional dinning space with stairs then leading to the kitchen on the 1st floor. There are 2 separate toilets adjacent to the games area. Separate stairs leading down to the basement, which is currently being used for storage, however it has also been used to hold a number of private parties which have been very popular. The fully fitted kitchen located on the 1st floor has brand new equipment, full extraction and air conditioning. The kitchens are equipped to a very high standard with all equipment bought within last 2 years. There is additional seating on the 1st floor for a further 20 covers as well as large office space. On the 2nd floor is a large event space which is used for private functions and gigs and is a very adaptable and versatile space. There is also seating for an additional 16 covers at the front of the restaurant.
- Planning Consent:
-
PREMISES LICIENCE: Alcohol is allowed to be consumed on the premises Monday-Friday 12pm – 11pm and 11pm – 11pm on Saturday and Sunday.
- Energy Performance Rating:
- G
Business Operation
- Reasons for selling:
-
other business intersts
- Trading hours:
-
The business is currently trading Thursday – Sunday; Thursday 1pm-8:30pm, Friday 12pm-9pm, Saturday 12pm-10pm, Sunday 12pm-6pm Between April – September
- Employees:
- 5
- Years established:
- 2
