Licensed Daytime Cafe With Letting Rooms In Brighton For Sale

Business description

This concern is situated in a bustling main road position and is surrounded by multi occupancy properties, many of which are occupied by students and shows a steady flow of customers to the business. There would be enormous scope to extend the present trading hours and trade during the evenings, at present the business is created around the ‘all day breakfast trade’. The business has been in the same vendors hands for over 8 years and is now offered for sale as the vendor wishes to semi retire. This business has the benefit of a HMO Licence for eight people in the living accommodation or full vacant possession can be obtained.

Property information

Property:

Leasehold

Lease terms:

The entire premises are held on full repairing and insuring lease from September 2001 for a period of 15 years, approximately 5 years unexpired, the current rent passing is £32,000 per annum, exclusive for the next 2 years to be agreed for the last 3 years of the term. ALTERNATIVELY a new lease could be available, subject to negotiation.

Leasehold rent:

££32,000 per annum

Living accommodation:

Separate access to the living accommodation above the restaurant which is arranged on First, Second and Third Floors and is at present let and produces £20,000 per annum Third Floor: 1 Single Bedroom, 2 Double Bedrooms, Separate WC. Second Floor: 2 Double Bedrooms, 1 Single Bedroom, Bathroom, Shower and Separate WC First Floor: Large Lounge, Dining Room, Kitchen, Separate Shower and Separate WC.

Location:

Corner shop bustling main road position

Premises details:

Smart Corner premises with seating for some 30 persons with modern service counter and Aristoli coffee machine, Lincat hot water boiler, open view cool drinks display cabinet, electric dumb waiter to lower ground floor restaurant with seating for a further 20 covers. To the rear of the ground floor restaurant is a well equipped level kitchen, large electric Lincat griddle, 4 burner gas cooker, flat top stainless steel refrigerated work unit with refrigerated storage units below, 2 pot bain marie, the entire kitchen area is fully extracted. Rear staircase access to basement storeroom with fitted stainless steel work station, open view chiller
cabinet, large back up deep freeze, electric washing machine and dryer.

It should be noted that customers have access to the lower ground floor dining room with separate stair access. Access to Ladies & Gents Cloakrooms.

Business Operation

Trading hours:

Hours of Opening: 7.30am to 3pm – 6 days a week. Sundays 9am to 3pm.

Employees:

Vendor and wife part time if required

Years established:

over 8 years