Fitted Kitchen Alcohol Licence 60 Covers

An exceptional opportunity has arisen to acquire a highly successful and well-established restaurant in one of Hove’s most sought-after locations. Situated on the bustling Church Road, this thriving business benefits from an unbeatable position on a busy parade, adjacent to the popular shopping destination of George Street. Church Road is a major commercial hotspot, with constant foot traffic from locals, shoppers, and commuters. With multiple bus routes running along the road, the restaurant enjoys excellent visibility and accessibility, ensuring a steady stream of customers year-round. With a strong presence in the area for the past nine years, the restaurant has built an outstanding reputation and a loyal customer base. Its consistently high ratings—4.5 stars on Google Reviews, Facebook, and TripAdvisor—demonstrate the quality of the dining experience and the goodwill generated under the current ownership. This is a turnkey business that is already thriving and primed for further growth. The premises come to market in immaculate condition, with a stylish, welcoming interior designed to maximize both comfort and operational efficiency. The restaurant is fully equipped, allowing for a seamless transition to new ownership. Whether you’re an experienced operator looking to expand or an entrepreneur eager to step into a successful, high-footfall location, this is an opportunity not to be missed. With its prime location, established reputation, and year-round customer flow, this restaurant is perfectly positioned for continued success and expansion. Serious buyers looking to acquire a high-performing hospitality business in Hove should act quickly.

THE PREMISES: The spacious ground floor dining area provides seating for 60 guests in an elegant and welcoming setting, designed for both comfort and efficiency. A standout feature of the property is the stunning roof terrace, which offers an additional 25 covers and creates an inviting al fresco dining experience with excellent appeal, particularly during the warmer months. The front of the premises features a sleek bar and pass area, with direct access to a dumb waiter that connects to the first-floor kitchen, ensuring a seamless service flow. The kitchen is fully equipped with high-specification appliances, full extraction, and a walk-in chiller room. A separate preparation area and dedicated washing-up space ensure optimal workflow for a high-performing kitchen team. The property includes a wealth of high-quality fixtures and fittings, with a full inventory available upon request. On the lower ground floor, the customer toilets are well-appointed, and a private staff room

with lockers provides a comfortable space for employees. Every detail of this restaurant has been carefully considered to create an efficient and stylish environment, making it a fantastic opportunity for an experienced operator or a first-time owner looking to enter the vibrant Hove restaurant scene. With its prime location, exceptional refurbishment, and outstanding facilities, this restaurant is perfectly positioned for success. Don’t miss this chance to take over a premium venue in a thriving coastal town.

TURNOVER: The business is currently run by the vendor with the assistance of 6 front of house staff and 10 kitchen staff. The business trades between the hours of 12pm – 10:30pm Monday – Sunday. The full trading accounts are available upon request. The restaurant also currently carries out a high number of deliveries which is fulfilled through Deliveroo, Uber Eats and Dinner2Go. 

ALCOHOL LICENCE: - 1445/3/2020/01921/LAPREV

Late night refreshment –

23:00:00 - 01:00:00 Friday

23:00:00 - 01:00:00 Saturday

Performance of Live Music
09:00:00 - 01:00:00 Friday

09:00:00 - 01:00:00 Saturday

Sale of retail alcohol

15:00:00 - 22:00:00 Friday-Saturday

15:00:00 - 21:00:00 Sunday

TENURE:  The premises are held on a full repairing and insuring lease, which has approximately 21 years unexpired at a current rent of £40,000 per annum.  Rent reviews to take place every 3 years.

RATES: The rateable value is £31,250 per annum and the current rates payable are £6,800 per annum. 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 thoroughly recommend this as being an extremely well-presented business. Fantastic location in central Hove. Secure lease. High footfall throughout the year. 120 covers. Excellent reputation. Both eat in and delivery revenue streams.

PRICE: We are instructed to quote for the lease, goodwill, premises licence, fixture and fittings £250,000 SAV

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

VIEWING: On no account should any approach be made to the 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 D, 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:        6856C

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.