Exceptional Cocktail Bar with Two Self Contained Flats in Prime Central Brighton Location

This is a rare opportunity to acquire a highly successful and stylish cocktail bar located in the heart of Brighton. Situated on vibrant street—renowned for its bustling mix of bars and restaurants—the business enjoys exceptional footfall from both locals and tourists year-round. In addition, a large multi-storey car park is just a short walk away which ensures convenient access for customers. The bar has been meticulously maintained and comes to the market in excellent condition. It has been operated by the current owners for over 22 years, during which time it has built an outstanding reputation for quality, atmosphere, and service. The business boasts glowing reviews, including an impressive 4.8 stars on TripAdvisor and 4.7 stars on Google Reviews, reflecting its popularity and loyal clientele.

Internally, the bar is beautifully presented with a well-appointed serving area, stylish interiors, and a warm, ambient atmosphere—perfect for evening cocktails and social gatherings. The premises also include a charming and versatile basement area, currently used for private functions and wine tasting events, adding an additional revenue stream and appeal for exclusive bookings. Included in the sale are two self-contained flats, offering excellent flexibility. These could be used for owner accommodation, staff housing, or rented separately to generate additional income. The business is only being offered for sale due to the owners’ desire to pursue other ventures, making this an ideal opportunity for a new operator to step into a successful and well-established hospitality venue in one of Brighton’s most sought-after locations.

THE PREMISES: This beautifully presented, and fully equipped cocktail bar is offered to the market in excellent condition, having been meticulously maintained throughout. Located in a prime trading position in a vibrant and busy area, the venue combines stylish interiors with a highly functional layout. Upon entry, guests are welcomed by a striking bespoke cocktail bar positioned on the left-hand side, complete with undercounter fridges, ice machine, glass washer, and dedicated prep space—designed for smooth and efficient service. The ground floor accommodates approximately 45 covers in an refined and intimate setting.

The standout feature of this property is its stunning basement space, elegantly decorated to create a unique and atmospheric environment. With seating for a further 40 covers, this area is regularly used for private functions and wine tasting events, offering a strong additional revenue stream. The basement also houses a second fully fitted cocktail bar, along with a cellar and drinks store featuring a convenient street-access hatch.

The premises benefit from full CCTV coverage and security alarm system. Stylish, well-maintained, and operationally ready, this is a rare opportunity to acquire a turnkey hospitality business with versatile space and strong appeal for both daytime trade and evening events.

ACCOMMODATION: The premises includes two self-contained flats which consist of one double bedroom, open plan lounge and kitchen and bathroom. Flat 1 is currently let for £1,100 per month and Flat 2 is let for £1,000 per month. Please note – we were unable to inspect the flats at the time of instruction.

TURNOVER: The business is currently run by the vendors with the assistance of 4 part time bar tenders and 1 full time waiter. The business trades between the hours 12pm-midnight –Tuesday- Sunday. The current average weekly turnover with the current opening hours is just over £7,200 per week. This includes the rents generated from the two self-contained flats.

ALCOHOL LICENCE:  Premises licence number -

Sale of retail alcohol on and off the premises between 11:00 – 00:00 Monday-Sunday.  

TENURE:  The ground floor and basement are held on an FRI lease for a total term of 25 years from September 2016. There is approximately 10 years remaining at a current rental of £23,499 per annum. The first and second floor are held on a separate FRI lease at a current rental of £20,004 per annum and has approximately 10 years remaining. 

RATES: The rateable value is £16,750 per annum and the current rates payable are £400 per month, 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 thoroughly recommend this as being an extremely well-presented cocktail bar. Ideal location. Secure lease with a low rent. Excellent reputation. 2 self-contained flats generating additional rental income.

PRICE: We are instructed to quote for the lease, goodwill, premises licence, fixture and fittings £240,000 SAV.  Price reduction.

LEGAL FEES:  Each party to pay for their own legal costs. The purchaser to pay for the landlord’s 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.  Please do not discuss the venue in situ as staff are currently unaware.

ENERGY PERFORMANCE CERTIFICATE:  The premises was rated a band F, 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:        6876C

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.