VEGAN CAFÉ CENTRAL BRIGHTON LOCATION

Superbly located Vegan cafe located on the main road leading from Brighton’s main line railway station into Brighton town centre and the seafront beyond.  The road benefits from a high footfall of people walking to and from the station as well as staff from the nearby office blocks and people visiting Brighton town centre.  The café currently specialises in vegan food and has been trading for just under 2 years. During this time the vendor has created an excellent reputation with outstanding reviews on Happy Cow (4.5*) Just Eats (5*) and Google Reviews (4.6*). The vendor has now only decided to sell due to ill health.

THE PREMISES:  This business operates from a premise on a busy main road and has an eye-catching living wall on the front of the building.  The vegan café has the benefit of being on three levels, with the kitchen and prep area being on the lower ground floor, the main serve over counter and seating for 16 covers on the ground floor, with the 1st floor containing an additional 27 covers and the customer toilets. The vendor has confirmed all fixture and fittings are owned out right and will be included in the sale. (The only items not included is a bench and the 2 mirrors.) The ground floor has a small kitchen area with the coffee machine, grinder, food preparation and washing up area. The main kitchen is located in the basement and has a large preparation area and washing up space. There is also a separate store room and office space. PLEASE NOTE: The 2nd floor is let separately to a clinician and they access these rooms via the café’s main door.

TURNOVER:  The business is run by the vendor with the assistance of 2 part time staff members.  The cafe trades from Monday-Sunday 9am-3pm. The average weekly turnover is £3,000 per week. At present the vendor works with Deliveroo, Just Eat and Uber Eats.

TENURE:  The entire premises are held on an internal lease at a current rental of £27,000 per annum exclusive, with 5 years remaining. There is a break clause in 2024.

RATES: The current rates payable at present are £2,300 per annum as the business has the benefit of small business rate relief.  The rateable value for the premises is £15,250 per annum. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: The concern is extremely well presented, it has been fitted and equipped to a very high standard.  The business has the benefit of secure a lease.  High footfall throughout the year. Cover for 51.

PRICE:  We are instructed to quote for the lease, goodwill, trade fixtures and fittings £45,000 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: The premises has been rated a Band E, the full report is 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:         6724C

These particulars are believed to be correct but their accuracy is not guaranteed and

they do not form any part of any contract

 APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential.  I also undertake that I will:

i)                View businesses registered with Watkins Commercial by appointment only.

ii)               Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial

iii)              Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)              Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

v)               Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial