Price:
Leasehold - £45,000
Location:
East Sussex, North Laines, Brighton
Business Type:
Commercial Property, Food Service Businesses
DESCRIPTION:
The property is arranged over ground and lower ground floors. The ground floor is fully fitted as a sandwich bar with glass fronted refrigerated serve over deli counter, drinks chiller, fresh orange juice machine, crepe hot plates and grill. The lower ground floor is used for storage and has a WC for staff use. There is also the benefit of outside seating (for 8 people) for customer use. A full inventory of the trade fixtures and fittings will gladly be provided to interested parties.
BUSINESS:
Well established business currently run under the personal supervision of the vendor with part time help and trading between the hours of 8:30am until 3pm, Monday to Friday having a good local reputation with repeat business. The business offers a wide range of sandwiches, freshly made to order, sweet and savoury Crepès, accompaniments and beverages. Our client feels that there is potential to grow the business by extending the opening hours, adding a website and expanding the existing small local delivery service.
Audited accounts can be provided upon request.
LOCATION:
The City of Brighton & Hove is the largest conurbation on the South Coast, approximately fifty miles to the south of London via the A23/M23 corridor. Brighton & Hove has an immediate population of 285,000 and a catchment population of 400,000 within the surrounding areas. The subject premises are situated on the corner of Church Street and Jew Street in the popular North Laines area of Brighton, with its main retail pitches of Bond Street and Gardner Street within approximately 30 metres, and opposite Sovereign House which offers 52,000 sq ft of office space. Brighton main line railway station lies approximately quarter of a mile to the north and Brighton’s shopping mall Churchill Square lies approximately a quarter of a mile to the southwest.
A location plan can be viewed on the internet by going to the following web address and typing in the postcode of the property (BN1 1US): http://maps.google.co.uk/maps
LEASE TERMS:
Our client is currently holding over on their existing lease but we understand the landlord would offer a new effective full repairing and insuring lease to the purchaser/ingoing tenant for a minimum of 6 years at a rent similar to the existing rent of £9,300 per annum exclusive. Exact terms to be agreed.
PREMIUM:
£45,000 for the goodwill of the business, fixtures, fittings and leasehold interest, plus stock at valuation.
VAT: We understand VAT is not applicable on the rent.
trading between the hours of 8:30am until 3pm, Monday to Friday having a good local reputation with
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|