Restaurant for sale in B & A, 81 Western Road, Hove, 2Jq, United Kingdom, Hove BN3, £85,000

85,000.00

Offer Nr.:
66715327
Type of ad:
for Sale
Property type:
Restaurant
Contact name:
Watkins commercial ltd
Phone(s):
01273 767261

* Trading business
* High footfall
* Alcohol licence
* Fully fitted kitchens
The premises: The restaurant benefits from being situated on a corner premise
in the centre of Hove. The restaurant has been regularly maintained and comes
to the market in excellent condition. There is seating for 46 covers inside
with an additional 26 covers outside to the front of the restaurant which
benefits from the afternoon/evening sun. The outdoor seating also has the
benefit of outdoor heating lamps which hang above the tables. There is a
custom - built bar to the rear of the premises which has an opening into the
main kitchen. Adjacent to the bar is a dumbwaiter which provides access to the
basement kitchen. The ground floor kitchen is fully fitted to trade and has
the benefit of full extraction, a double pizza oven, chilled pizza prep area
and stainless - steel equipment throughout. The basement kitchen has a large
preparation area, washing up area with a dishwasher. There are also ample dry
storage areas and a walk - in chiller. The customer toilets are also located in
the basement with a separate ladies and gents and customer cloakroom. The
premises are fitted with CCTV and fire alarms.
Turnover: The business is currently run by the vendor with the assistance of 1
full time manager, 1 full time assistant manager, 2 full time chefs, 1 Kitchen
porter and 3 part time waiting staff. The business trades between the hours of
12pm – 3pm and 5pm - 10pm Monday - Thursday then 12pm - 10pm on Friday - Sunday. The
current average weekly turnover is £6, 600 per week and full trading accounts
are available upon request. The restaurant currently operates a very
successful delivery side of the business and works with Deliveroo and Uber
Eats. The vendor has also hosted a number of private parties for clients where
they have use of the entire restaurant.
Alcohol licence:
Sale of retail alcohol
11: 00: 00 - 23: 00: 00 Monday - Thursday, Sunday
11: 00: 00 - 23: 30: 00 Friday - Saturday
tenure: The premises are held on a full repairing and insuring lease, which
has approximately 3 years unexpired at a current rent of £43, 200 per annum,
inclusive of VAT.
Rates: The rateable value is £18, 000 per annum and the current rates payable
are £3, 600 per annum. Prospective occupiers should make their own enquiries to
verify same.

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