Property Information
Address:
Brighton, East Sussex, BN1
, BN1
Price: Property no longer available.
Size: SOA
Primary Category: Commercial Property
All Categories:
Property Ref/Movehut: MH433769
Property Ref/Agent: R5676-Business for Sale
*Please use the agent ref when calling the agent directly.
Property description
The Restaurant was established in March, 2008 by the present owners as Mexican cuisine. Recent refurbished and re-opened in January, 2015. In our opinion offering terrific potential for development in the right hands. SPACIOUS SINGLE FRONTED RESTAURANT with laminated strip floor. Air conditioning/heating. Tables chairs providing seating for 50 persons. New bar with wooden front, mirror-backed shelving, till with EPOS scanning system, 2 group coffee machine, 1 double door glass fronted counter fridge, 1 single door glass fronted counter fridge, glasswasher, ice machine, flat screen television. LEVEL KITCHEN with tiled floor, tiled walls, 2-deck pizza oven, electric cooker, single deep fryer, upright double door stainless steel fridge, upright stainless steel deep freezer, counter fridge with refrigerated topping section, double sink drainer etc. Fully tiled disabled/ladies'/gentlemen's cloakroom with w.c. wash hand basin Cellar used for storage purposes Turnover AS STATED the restaurant was re-opened we understand on the 12th January, 2015 and the turnover currently averages 1,200 p.w. in our opinion offering terrific potential in the right hands. Staff The Restaurant is at present operated by the vendor with the assistance of 1 full time staff. Trading Hours Sunday - Thursday inclusive - 12 noon - 10 p.m.
Friday Saturday - 12 noon - 12 midnight Tenure We understand the landlord, subject to satisfactory references, is prepared to grant a new15 years lease at a rental of 13,000 p.a. exclusive of rates with rent review at that time and thereafter every 5 years. Uniform Business Rates: 3,331 p.a. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES FITTINGS 79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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