Rare availability to occupy this prime turn-key restaurant opportunity in central Hove. The property has undergone substantial refurbishment and comprises of ground, lower ground and first floor commercial trading with second floor residential accommodation. The ground floor comprises of fully fitted bar, LED plus hung lighting, timber flooring, dumbwaiter, separate male and female WC facilities with banquet and free standing tables and chairs for circa 30 covers. Access to the rear leads to a covered outside terrace area for 45 covers with separate access also available from Albany Villas. At first floor level is a fully fitted commercial kitchen with full extraction system, stainless steel work tops, various cooking equipment and separate preparation kitchen plus store.
The residential accommodation on the second floor is arranged as a 2/3 bedroom flat with large kitchen/lounge, WC and separate bathroom. Access to the flat is provided internally or from the rear terrace area.
Location
Situated on the southern side of Church Road, Hove, one of the main commercial thoroughfares of the city. Local and national traders, including Otello, Giggling Squid, Hixon Green, HSBC Bank, Franco Manca and Gail’s Bakery are close by and Hove seafront is a short walk south.
Accommodation
Ground Floor - 565 ft² (52.4 m²)
Basement - 172 ft² (15.9 m²)
Terrace - 852 ft² (79.1 m²)
First Floor - 688 ft² (63.9 m²)
Second Floor Flat
Total Accommodation - 2,277 ft² (211.5 m²)
Terms
Terms - A new full repairing and insuring lease for a term to be agreed at a commencing rental of £70,000 per annum, exclusive, subject to rent reviews at appropriate intervals. Each party is to be responsible for their own legal fees.
Premium - Offers are invited at a guide premium of £100,000 for fixtures and fittings, premises licence and goodwill. A full inventory is available on request.
Rateable Value - £22,250
EPC Rating - B