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Bar Late Licence Brighton Sussex For Lease

Brighton & Hove, East Sussex, UK
Asking Price:
£29,500
Sales Revenue:
Available on request
Cash Flow:
Available on request

BAR WITH LATE LICENCE (10AM TO 2AM LICENCE) BRIGHTON, EAST SUSSEX
This well presented and highly successful bar, is located in Brighton. Surrounding the bar is a vibrant community with many local restaurants & hotels nearby. At present the premises are run as a members club but the premises do benefit from a standard bar licence, the bar has the added advantage of clients coming from the local community of residents and tourists to the area. The bar holds a number of functions throughout the year. A bar/members club has operated from these premises since 1970, and benefited from a complete refurbishment and re-launch 6 years ago when the current vendors took ownership. It comes to the market as the vendors wish to retire abroad. This is a fantastic opportunity for an incoming purchaser to capitalise on an already successful business, as there is significant scope to increase the opening hours and the number of functions held.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

The entire premises is held on a full repairing and insuring lease at a current rental of £9,500 per annum, with 6 and ½ years remaining on the lease. There is a rent review and break clause in the tenant’s favour in 2023.

Leasehold Rent:

£9,500 per annum

Location:

This well presented and highly successful bar, is located in Brighton. Surrounding the bar is a vibrant community with many local restaurants & hotels nearby.

Premises Details:

The premises comes to the market in excellent condition after being fully refurbished 6 years ago. The Bar is arranged across 2 floors and are as follows: - on the ground floor is a fully fitted cocktail bar, which has been fitted to a high trade standard and has an entrance system. On the LOWER GROUND FLOOR, there is additional seating, dance floor and unisex toilets. There is also a cloakroom and the wine, Spirit and Beer store. The bar has had an excellent sound and lighting system installed along with air conditioning on the ground floor.

Planning Consent:

LICENCES HELD: 1445/3/2015/06739/LAPRET – This Licence is current.
Licence Activity: - Sale of retail alcohol on and off the premises.

1. Sale of alcohol for consumption both on and off premises: Sunday-Thursday 10am-12:30am Friday & Saturday 10am – 1:30am

Energy Performance Rating:
D

Business Operation

Reasons for selling:

Retirement

Trading hours:

Opening hours: Sunday-Thursday 10am-1am Friday & Saturday 10am – 2am)

Years established:
6 years

Other Information

Support & training:

yes

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