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60 PRESTON STREET, BRIGHTON BN1 2HE - City Centre Restaurant - Lease FOR SALE

To rent: £18,000.00 Per Annum|622 Sq Ft|Retail

Property details

TO RENT£18,000.00 Per Annum
SIZE622 Sq Ft
ADDRESS60 Preston Street, Brighton, BN1 2HE
TYPERetail
TENURETo Let, To Let
POSTED ON9th November 2021

Description

Location
Situated in the sought after area of Preston Street, one of the most popular hospitality locations in Brighton and within easy walking distance to the seafront. The popular tourist attraction of the British Airways i360 is at the foot of Preston Street and local traders include China Garden, ETCI, Creams, Superdrug and KFC.

Accommodation
An opportunity to acquire this popular restaurant premises which would suit a variety of catering occupiers. The accommodation is configured over ground and lower ground floor. The main restaurant space is situated on the ground floor with free standing tables and chairs for circa 20 covers. To the rear is a small bar area with stainless steel wash basin, Empire drinks fridge and 2 x Camac warmers. Access is provided to the lower ground floor where the fitted commercial kitchen is situated with rear store room. Equipment includes 4 x gas burner hob and oven, 2 x fryers, 2 x microwaves, stainless steel worktops, ClassEQ dish washer, full extraction, 3 x chest freezers, 2 x Beko fridges, large drinks fridge and 2 x free standing freezers. A WC is found on the half landing and there is also a small yard currently used for storage.

Terms
The premises are held on a full repairing and insuring lease for a term of 5 years from 1 January 2020 at a current passing rent of £18,000 per annum exclusive. The premises may be elected for VAT and therefore VAT may be payable on the terms quoted.

Premium
Offers are invited on a guide premium of £35,000 for the leasehold interest, restaurant goodwill, current fixtures and fittings and licences. A full inventory is available on request.

Rateable Value £10,500

EPC D

Location

marker
Location: 60 Preston Street, Brighton, BN1 2HE

Brighton (0.6 miles)

London Road (Brighton) (1.1 miles)

Hove (1.2 miles)

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