E CLASS PREMISES WITH FULLY FITTED KITCHEN HIGH FOOTFALL SITE, STATION ROAD, PORTSLADE

This prime E-class premises boasts a highly sought-after location near the bustling junction of Portland Road and Boundary Road in Hove. Situated in a densely populated area with consistently high foot traffic year-round, it offers exceptional visibility and accessibility just minutes from Portslade mainline railway station. Previously operating as a Wimpy burger bar, the space is perfectly suited for any fast-food or takeaway concept. Its strategic position, combined with dedicated parking at the rear, makes it ideal for delivery services, allowing you to capitalize on the growing demand for convenient dining options.

THE PREMISES: The E class premises comes to the market in excellent condition having recently been fully refurbished. There is seating for some 45 covers inside with an additional 12 covers available on the decked area directly in front of the building. On entering the premises there is a serve over counter where orders are taken and prepared. Towards the rear of the premises is the fully fitted commercial kitchen with extraction in place, two double fryers and grills to name but a few key items. The ground floor measures 13.13m x 5.35m. Via the main kitchen is a door which leads to the parking area behind the building. The premises comes with two parking spaces. The premises also has the benefit of a small storage area which is access via the car park at the rear of the property. This was previously being used to store a number of chest freezers, fridges and a dry store. The customer toilets are towards to the rear of the premises with a small store cupboard. The premises is also fitted with air conditioning, sound system and CCTV.

 TENURE: The premises is held on a new 12-year full repairing and insuring lease at a commencing rental of £25,000 per annum. Upward only rent reviews to take place every 4 years.

RATES: We have been verbally informed that the rateable value is £13,500 and the rates payable currently are zero due to the small business rate relief scheme.  Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: This business was personally inspected by the vendor’s sole agents who can confirm that the entire premises are fitted and equipped to an excellent standard.  Other Points to Consider: Security of leasehold tenure. Excellent location with a high footfall throughout the day. The site would suit multiple food options.

PRICE:  We are instructed to quote for the lease, equipment, trade fixtures and fittings £75,000

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

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

ENERGY PERFORMANCE CERTIFICATE:  The premises has been rated a band C, the full report is available upon 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:         6837M

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