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Licensed restaurant with owner's accommodation for sale on Queens Road in Brighton

Brighton, East SussexEst. 15 years
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Superbly Located Licensed Restaurant with Owner’s Accommodation Queens Road, Brighton Photo 1
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Superbly Located Licensed Restaurant with Owner’s Accommodation Queens Road, BrightonSuperbly Located Licensed Restaurant with Owner’s Accommodation Queens Road, BrightonSuperbly Located Licensed Restaurant with Owner’s Accommodation Queens Road, BrightonSuperbly Located Licensed Restaurant with Owner’s Accommodation Queens Road, BrightonSuperbly Located Licensed Restaurant with Owner’s Accommodation Queens Road, BrightonSuperbly Located Licensed Restaurant with Owner’s Accommodation Queens Road, Brighton
  • Leasehold: £70,000
  • Rent: £53,000 (£4,417 per month)
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Superbly Located Licensed Restaurant with Owner’s Accommodation Queens Road, Brighton

A well-established and prominently positioned restaurant, situated on the main thoroughfare linking Brighton mainline railway station with the town centre and seafront. The business benefits from substantial pedestrian footfall throughout the year, generated by commuters using the station, employees of nearby office buildings and visitors to Brighton’s retail and leisure facilities. Previously

trading as a hot pot, barbecue and Sichuan cuisine restaurant, the premises are fitted and equipped to accommodate a similar concept, although they would suit a wide range of alternative cuisines and trading styles. The restaurant provides approximately 50 covers across the ground and first floors and holds a premises licence. The business has been in the current owner’s hands for 15 years and is

reluctantly offered for sale due to their wish to pursue other business opportunities. The owner's accommodation is located on the second floor.

THE PREMISES: Situated on Queens Road, one of Brighton’s principal thoroughfares linking the mainline railway station with the city centre, the premises benefit from excellent passing trade and access to several key bus routes. The restaurant is arranged over ground, first-floor and basement accommodation and is presented in excellent condition following a recent refurbishment. Customer seating is provided across the ground and first floors, offering approximately 50 covers. Formerly

operated as a hot pot, barbecue and Sichuan restaurant, the premises retain bespoke tables with integrated gas-cylinder facilities, making them

particularly suitable for a similar style of operation. The basement kitchen comprises a fully extracted cooking area, preparation kitchen and separate wash-up room,

together with a staff WC and changing area. A fully operational dumbwaiter

connects the basement with the ground and first floors.

ACCOMMODATION: The living accommodation is located on

the top floor and consists of two rooms and a bathroom.

ALCOHOL LICENCE:

2025/07438/LAPRET. Allows for the consumption of alcohol between the hours of midday and midnight seven days a week.

TENURE: The entire premises are held on a full repairing and insuring lease at a current rental of £53,000 per annum, with 5 years remaining.

RATES: The current rates payable at present are £10,000 per annum as the business has the benefit of small business rate relief. The rateable value for the premises is £25,250 per annum. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: The business is exceptionally well

presented and fitted out to a very high standard. It

benefits from strong year-round footfall from

tourists and commuters travelling to and from the

station, and includes owner’s accommodation.

PRICE: We are instructed to quote for the lease, premises

licence, trade fixtures and fittings £70,000 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 D, 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: 6969C

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) ii) iii) iv) v) View businesses registered with Watkins Commercial by appointment only.

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

Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank,

solicitor, surveyor accountant, etc.

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

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 Commercia

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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