Property Information
Address:
Prime Location, Brighton, East Sussex BN2 1RE
, BN2 1RE
Price: Property no longer available.
Size: SOA
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH461140
Property Ref/Agent: Prime Location Brighton East Sussex Bn2 1re 290 - shop
*Please use the agent ref when calling the agent directly.
Property description
Prime location, Brighton, East Sussex BN2 1RE
Status
For Sale
Location
This concern is located in the centre of Brighton town centre within the Kemp Town district and bustling St. James Street area.
Nearby multiple reprepsentation includes Morrisons, Coral Bookmakers and Sainsburys. The business is close to a large number of bars and clubs and on a main bus route.
The Royal Pavilion, Seafront and many of the main tourist attractions are all within a short distance.
Description
Double fronted modern aluminium glazed shop front.
Internally the premises are well fitted and equipped with seated and bar stool style covers for 24. Serve over counter with glass fronted display, electronic cash register.
Fully fitted gallery kitchen including 2 tray pizza oven, griddle, twin kebab rotissiere, twin deep fat fryer, chicken pressure fryer. Full extraction system. Further to the rear is a preparation area and wash up with double stainless steel sink unit.
Approx shop sales 560 sq.ft. - 52 sq.m.
Access to lower ground floor comprising 3 rooms with walk in Cold Room and storage facilities.
First floor:
Customer w.c., wash hand basin and store.
Room 1 : 3.8m x 3m
Room 2:
4m x 4.8 into bay
Second Floor :
Bathroom with panelled bath, w.c. and wash hand basin.
Room 3:
4m
x 4.8m
Third Floor:
Room 4:
3m x 3m
Room 5:
3.5m x 3.5m
Lease Terms
We are informed the premises are held on a Full repairing and Insuring Lease expiring in 2031.
The current rent payable is £16,500 fixed until 2016 when there are 4 yearly reviews thereafter.
Business Information
The business is operated by the current operator since 2008 and trades between the hours of 12 until 12 - 7 days a week.
The business sells pizza, burgers, chicken and kebabs along with meal deals and drinks.
Local deliveries are undertaken and the business is registered with 'Just Eat'.
The business is overseen by the current Vendors and operated by 5 full time staff.
We are informed that the business enjoys good seasonal increase including the ever popular Pride Weekend and other organised events within the city centre.
Full details will gladly be discussed with interested parties.
Price
We are instructed to quote for the Valuable Lease, Inventory of Equipment and Goodwill:
£159,950 Stock at Valuation
Business Rates
We have been informed by the Local Rating Authority that the premises are assessed as follows:
Rateable Value:
£14,000UBR (2016/2017) 48.4 p in £
We advise that you contact the Local Rating Authority for confirmation of the actual amount payable.
The rates payable may be subject to transitional relief and small businesses may be eligible for the Small Business Rate Relief Scheme.
Legal Costs
Incoming party to be responsible for Landlords reasonable legal costs. Deposit to be paid upon acceptance of an offer.
EPC
To be provided.
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