Business Summary

SITUATION & DESCRIPTION

A well located and extremely popular fast food takeaway restaurant complete with 2 bed maisonette, situated on Richmond Parade close to the junction with Grand Parade in central Brighton. The surrounding area comprises a densely populated and mixed residential / commercial neighborhood which encompasses a large student population.

ACCOMMODATION

The property comprises fully fitted fast food take away premises arranged over the ground floor area with WC and plenty of space for storage including a purpose built shed in the rear yard.

A separate staircase leads to a 2 bed maisonette arranged over the 1st and 2nd floors of the property.

Ground Floor – comprising fully fitted food service area, storage to the rear, WC and access to rear yard.

Maisonette – comprising Lounge, Kitchen, Bathroom and 2 Bedrooms

TENURE

Available by way of assignment of a 15 year FRI lease commencing April 2007.

RENT

£8,500 per annum exclusive

PRICE

£49,995 for the benefit of the leasehold interest and all trade fixtures and fittings

RATEABLE VALUE - £4,000

U.B.R 2013/2014: Payable: 46.2% (if eligible for small business rate relief), otherwise 47.1%.
Interested parties should enquire of the local Rating Authority as to the implications of the phasing arrangements on the amount of rates actually payable. Parties should also make enquiries concerning the implications of the small business allowance.

ENERGY PERFORMANCE CERTIFICATE

EPC attached.

LEGAL FEES

The ingoing tenant to be responsible for both parties’ reasonable legal costs as well as those incurred by the landlord in this transaction.

VIEWING & FURTHER DETAILS

Strictly by appointment through Ellis and Partners on 01273 771393 or email: [email protected]

Property Details

Other Business Details