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THIS BUSINESS IS NOW UNDER OFFER

NEWLY REFURBISHED A3 RESTAURANT WITH PREMISES LICENCE, 60 COVERS BAKER STREET, BRIGHTON

Brighton, East Sussex
Leasehold Price:
£35,000
Status
UNDER OFFER
Advert ID
247406
Reference
6491M / Rightbiz

Superbly located A3 restaurant on Baker Street, Brighton which is seconds away from London Road and the large IQ student halls for Brighton University. London Road is a bustling main road, which benefits from a high footfall and is only a short walk away from Brighton’s historic Open Market, newly opened student accommodation for 351 students and where many popular multiples are situated, both retail and catering outlets. The previous tenant has fitted and equipped the restaurant to an extremely high standard as can be seen by these illustrated particulars.

THE PREMISES: The A3 restaurant is located on a busy side street just off London Road and is directly opposite a large student halls entrance. The restaurant has comfortable seating for 60 persons, with an additional 14 covers in the patio garden. The main seating area measures 26’ 11” x 31’ 04” and the patio measures 20’02” X 10’ 07”.   The premises is offered on a sub-lease with an extensive inventory of fine trade fixtures, fittings and equipment, and a  full inventory will be available to any prospective purchaser. The bar, kitchen and preparation area is to the rear of the premises which includes a newly installed pizza oven, which can be included in the agreed premium. There are separate ladies and gents customer toilets. To the rear of the premises is a garden patio area which is enclosed.

PREMISES LICENCE: Licence number - 1445/3/2019/03889/LAPRET Allows for the sale of alcohol to be consumed on the preemies Monday – Sunday 10am – 11pm.

TENURE:  The premises is held on a 17 years full repairing and insuring sub-lease at a current rental of £20,000 per annum. 

RATES: We have been verbally informed that the Rateable Value is £16,500  and the current Rates Payable amounts to £8,101 per annum.  Prospective occupiers should make their own enquiries to verify same.

PRICE:  We are instructed to quote for the lease, equipment, trade fixtures and fittings £35,000 SAV

LEGAL FEES:  Each party to be responsible for their own legal costs.

VIEWING:  On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090. 

ENERGY PERFORMANCE CERTIFICATE: Rated band E, full report available on request.  

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement. The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.  The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT: All prices and rents are quoted exclusive of VAT.  Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE  & FINANCIAL PLANNING:  We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status. 

Prop. Ref:           6491M

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract

 

Listing Details
Leasehold Price: £35,000
Tenure: Leasehold
Location: Brighton, East Sussex
Sector: Restaurants
Key Features
  • Fully Fitted
  • Prime Location
Contact Agent
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Advert Reference: 6491M / Rightbiz
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