Business Summary

SITUATION & DESCRIPTION

The subject premises are situated in a prominent position on the western side of York Place overlooking St Peters’ Church, Brighton.

The area benefits from high footfall and its close proximity to City College and prominent roadside position.

ACCOMMODATION

Comprising:

40 Seater Restaurant / Service Area 497 sqft ( 46.2 sqm)
Open Kitchen 115 sqft ( 10.67 sqm)
WC & Storage

LEGAL FEES

The ingoing tenant to bear both parties reasonable legal costs incurred in the transaction.

TENURE

Available by way of assignment of a 15 year effective FRI lease from August 2007 and subject to 5 yearly rental reviews.

RENT

£13,000 pa exclusive

PRICE

£39,995 for the benefit of the leasehold interest

RATEABLE VALUE - £11,000

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

Our client has been advised that an EPC is required. Details upon request.

Property Details

Other Business Details