Thriving Cafe Bar Restaurant In Brighton For Sale

Business description

This extremely well established business has been successfully run by the present vendors for the past four years. The business enjoys an excellent all year round trade and has the benefit of being located in a high profile trading position within the conservation area of the North Laines. The concern specialises in extensive modern English menu. By virtue of its location which is on the main pedestrian paths from London Road, Hanover and other thickly populated residential areas to Brighton mainline railway station. It is also a popular venue for breakfasts Ref: 6045C

Property information

Property:

Leasehold

Lease terms:

The entire premises are held on a full repairing and insuring lease with approximately 6 years unexpired (lease expires 23rd June 2022), the current rent passing is £32,000 per annum, exclusive fixed for the next trading year with 3 yearly rent reviews thereafter.

Location:

Brighton North Laines

Premises details:

The spectacular Large Corner ground floor Restaurant has seating for 50 covers is fully fitted to a very high standard, dumb waiter to the lower ground floor kitchen. Al fresco seating for a further 14 covers. Ladies Cloakroom are to the rear of the Servery Area. The superbly fitted and equipped Kitchens are arranged on the Lower Ground Floor, Gents Cloaks. A full inventory will gladly be given to any prospective purchaser at the appropriate time. It should be noted that the restaurant carries the coveted 5 Star cleanliness award from the local office of Environmental Agency.

Business Operation

Trading hours:

The business is fully staffed, wages amount to £172,000 per annum and is
owner managed trading approximately 64 hours per week. We are informed
that the current turnover averages some £7,000 per week.

Years established:

Many years