Property Information
Address:
62 Middle Street, Brighton, BN1 1AL
, BN1 1AL
Price: Property no longer available.
Size: 1520 sq ft141 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH527612
Property Ref/Agent: 21166146 62 MIDDLE STREET BRIGHTON
*Please use the agent ref when calling the agent directly.
Property description
KEY FEATURES
Restaurant With Residential Accommodation Above
Superb Lanes Location Close To Brighton Seafront
Covered Outside Seating Area
Fully Licenced (A3/A4/A5)
A rarely available entire property in the Lanes.This established restaurant, which has been trading in excess of 15 years, is available and benefiting from A3 (restaurant) and A5 (take away) consent. There is further covered outdoor seating available, together with a self-contained residential accommodation consisting of a four bedroom flat.
PROPERTY DETAILS
Ground Floor Restaurant Area With Basement And Outside Covered Seating
1520 sq ft
(141.21 m2)
First and Second Floor Residential
ACCOMODATIONFrom Middle Street, the premises consists of the following;
Ground Floor Restaurant Area: Restaurant with currently 58 covers, separate bar area and drinks store. There is a secondary seating area on an upper ground floor level allowing for a further 16 covers, with access to the rear covered seating area. The kitchen is accessed via a staircase leading to the basement area. 714 sq ft ( 66.3 sq m)
Gross Frontage - 20'3
Internal Width - 19'0
Internal Depth - 30'0
Covered Seating Area: There is a covered seating area with approximately 20 covers which is fully enclosed. With wooden deck flooring and plastic roofing. There is recess lighting, with access from the basement area to this level. 384 sq ft (35.7 sq m)
Basement level consisting of a large fully serviced kitchen. Full inventory available on request. Together with male and female separate WC's. 422 sq ft (39.2 sq m)
The residential flat is accessed separately.
Ground Floor Restaurant Area With Basement And Outside Covered Seating
To Let: 23,000 pa
First and Second Floor Residential
To Let: 9,600 pa
LeaseNew Lease for a term of 12 years, expiring October 2028.
Rent - 32,600 per annum exclusive.
Rent ReviewEvery four years.
Repairing LiabilityFull Repairing and Insuring.
PremiumGuide Price of 70,000 (Seventy Thousand Pounds) to include all fixtures and fittings plus goodwill attached.
Business Rates
Billing Authority: Brighton & Hove
Description: Office and Premises
Rateable Value: 45,250
Rates Payable: 22,489
Valid from: 01 April 2017 (current)
VATThe property is elected for VAT, therefore VAT is payable on the terms quoted.
Legal FeesThe in-going tenant to pay all legal costs associated with the transaction.
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