Summary
A fully equipped and recently renovated takeaway and restaurant, spread across the Ground and Lower Ground floors, is ready for immediate operation. Ideally situated on Brighton's famous "Restaurant Street," this property features outdoor seating and offers the unique option to lease a two-bedroom residence on the upper floors through a separate Assured Shorthold Tenancy (AST). Currently operational, this venue presents an outstanding opportunity for prospective operators seeking a well-established takeaway with existing goodwill and minimal start-up costs. Premium price on application.
Key Points
Located on prime Preston Street - known as "Restaurant Street"Eligible for Full Small Business Rates ReliefRecently renovated with fully equipped with modern extraction systemTwo bedroom residential accommodation availablePremium - Price on application
Shop Amenities
* Full-Service Counter with Sliding Double-Door Bottle Cooler * Modern Extraction System * Walk-In Cold Room * Steljes NS3 Powered Stereo System * Multiple S/S Preparation Stations * Buffalo Chamber Vacuum Pack Machine * Williams 3-Door 545L Counter Freezer * Polar G-Series Countertop Prep Fridge * Two Foster Slimline 400L S/S Fridges * Three Blue Seal E44 Electric Double-Basket Twin Tank Fryers * Blue Seal Turbofan Convection Oven * Prince Castle Vertical Contact Toaster * Foster EcoPro G2 EP1/2H 280L Refrigerator * Two Commercial Gas Griddles with Smooth Plates and Stand * Commercial Sink with Hand Wash Basin * Shelving and Storage Facilities * Display Fridge * Durable, Commercial-Grade Kitchen Flooring
Residential Accommodation
A self-contained, two-bedroom residential flat accessed via a shared front entrance on Preston Street. Currently let by the commercial tenant on an AST at £1,350 per month, this flat is available with the lease sale. The layout includes a staircase leading to the first-floor open-plan kitchen, a rear bathroom with a shower. The second floor features a northfacing bedroom, while the master bedroom at the front offers a bay window overlooking Preston Street. Total Residential Accommodation: 427 sq ft (39.7 m2)
Lease
Held for a term of 10 years from 29th July 2019 and ending on and including 28th July 2029. Passing Rent - £16,250 per annum, exclusive (payable in advance on the usual quarter days). The lease is inside the Landlord and Tenant Act 1954 - Part II (as amended). Rent Review every fifth anniversary from the commencement of the lease (29th July 2019).
Location
Preston Street, Brighton—known as "Restaurant Street"—is just steps from the seafront and features an array of eateries, cocktail bars including Italian bistros to grill houses and sushi spots. Neighbouring businesses include popular venues like Wolfox, China Garden, Maggie Mae's Bar, and the Royal Sovereign Pub, all benefiting from steady pedestrian traffic both day and night.