Thriving Fast Food Business in Prime Hove Location – 22 Years of Success & High Footfall

An exceptional opportunity to acquire a well-established and highly profitable fast-food business in one of Hove’s most sought-after locations. Istanbul Grill House has been serving customers for 22 years, building an outstanding reputation and a loyal customer base, making it a turnkey business with strong repeat trade. Situated on bustling Church Road, the main thoroughfare linking Hove to central Brighton, the business benefits from a prime high-footfall location with excellent visibility and constant passing traffic throughout the day and night. Surrounded by offices, banks, a language school, and just minutes from Hove Town Hall, the restaurant enjoys a steady stream of customers, from lunchtime office workers to evening diners and late-night trade. Specializing in popular fast-food offerings such as kebabs, burgers, pizzas, and fried chicken, the business has a proven and successful menu that attracts a broad customer base. In addition to walk-in customers, Istanbul Grill House generates significant revenue through online orders placed via its own website as well as major delivery platforms like Just Eat, ensuring a consistent stream of sales and a strong presence in the local food delivery market. Now on the market due to the owner’s decision to retire, this is the perfect chance for an ambitious operator to step into a profitable, well-run business in a thriving location. With its prime positioning, excellent reputation, multiple revenue streams, and strong trading history, Istanbul Grill House is a fantastic investment opportunity not to be missed.

THE PREMISES:  The fast-food shop is in the centre of Hove and is located opposite a main bus stop, where there is access a number of main bus routes running through the city. The premises is also surrounded by several offices, banks, language school and is only a few minutes’ walk from Hove Town Hall. At present on entering the Kebab shop there is a serve over counter where orders are placed and behind this area is two Doner Kebab machines and grill and a double deep fat fryer where all the food is cooked fresh to order. There are 6 covers available inside with an additional 2 available at the front of building outside.  The basement consists of a further cooking area, preparation area with extraction, washing up area. There is also a Middleby Marshall pizza oven, dough machine and Henny Penny Kentucky machine to name but a few key items.  There is also a walk-in chiller and freezer. Staff toilet and separate office space. 

TENURE:  The ground floor and basement are held on a full repairing and insuring lease, which has approximately 2 years unexpired at a current rental of £32,000 per annum.

RATES:  We have been verbally informed that the current Rates Payable amount to £2,600 per annum for the ground floor  and basement and the rateable value for the premises is £16,000 per annum. Prospective occupiers should make their own enquiries to verify same.

TURNOVER: The vendor works full time in the business with the assistance of 2 family members. We are informed that the average weekly turnover is £7,000 per week in the winter months which increases to £11,000 per week during the summer season.  The current opening hours are Monday-Sunday 4:30pm-2:30am. At present the vendor has his own Deliveroo drivers but has also recently started working with Just Eat and Deliveroo to fulfil delivery requests.

GENERAL REMARKS:  This business was personally inspected by the vendors sole selling agents who consider this to represent an outstanding opportunity to acquire an excellent business in the centre of Hove. Excellent passing trade throughout the day and evening. Obvious potential of this business will immediately be seen at the time of inspection. Secure lease.

PRICE:   We are instructed to sell the lease, fixtures and fittings and goodwill for £130,000 SAV Price reduction

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: Our client is in the process of obtaining an EPC.

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:         6860C

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.