SEASONAL LICENSED RESTAURANT, SUPERB TRADING POSITION, BRIGHTON
Brighton, East Sussex, England
£175,000 Price Reduced
This business has been in the same vendor’s hands for nearly 20 years and has been trading under the current style for 10 years. This is a fantastic opportunity to purchase a business with an established goodwill, situated in several of the old Regency fishermen’s arches, which are fully compliant with all Health and Environmental requirements. The premises are located in central Brighton on the lower promenade beach area, directly down from Brighton’s mainline station and in very close proximity to the Brighton Conference Centre. The present owners current offering encompasses a combination of tapas dishes and fresh local fish. There are also permissions for some ancillary take-away food sales. Seating consists of a large sun terrace (which currently seats 60 – 80 but has no upper limit capacity) and an indoor seating area on the first floor of approx 625 ft2 total (including a store room and an office of approx. 135 ft2) with the remaining area currently set out as restaurant dining with a bar area having a permitted capacity of 44 due to fire regulations and the current use of floor space. However capacity has a potential to increase to 60 with a change of alcohol licence and the adoption of a more informal seating arrangement. Please note that a recent variation to the user clause now permits the option for the Premises to trade as a Café Bar (subject to necessary variations to the alcohol licence), as well as a relaxation of food menu items permitted for sale.
12 – 6 pm daily, and during high season hours extend to early evening
The entire premises are held on a 10-year lease with the protection of the Landlord & Tenant Act from the 14th September 2008, the current rent payable is £17,000 per annum, exclusively fixed until September 2018, (subject to 5 yearly reviews thereafter)
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