This well presented eat in and take away chicken shop occupies one of the premier positions within the heart of the Brighton’s city centre on East Street, Brighton. East Street is located minutes from Brighton’s Seafront and a 5-minute walk to Brighton’s Palace Pier. The business was established just under 2 years ago and during this time has developed an excellent reputation with brilliant reviews on Just Eat 4*, Uber Eats 4.3* and Deliveroo 4.4*.
THE PREMISES: The business is in a prime location on East Street, Brighton. Which is minutes from Brighton’s seafront and with many retail outlets nearby, this is one of the busiest areas in Brighton and see a high footfall throughout the year. On entering the premises, there is a serve over counter and upright drinks fridge. Beyond this area are two large chest freezers and the main cooking area which includes two double fryers, fridges and extraction area. There is an additional kitchen located on the lower ground floor and has been equipped with 3 chiller stainless steel counters, several fridges and freezers and an electric hob. There is also ample storage downstairs for dry goods. The unisex toilets are located towards the rear of the premises. There are covers for 6 inside with a further 8 covers available outside. The premise is fitted with CCTV and a fire alarm system.
TURNOVER: The business is currently trading Tuesday-Thursday 12-7pm and 12-11pm on Friday and Saturday. One of the vendors work full time in the business with the assistance of 1 part time staff member. The turnover is currently averaging £2,000 per week.
GENERAL REMARKS: Excellent trading position in Brighton. High footfall throughout the year. Obvious potential of this business will immediately be seen at the time of inspection. Both eat in and takeaway revenue streams. Fully refurbished and maintained to an excellent standard.
TENURE: The premises are held on a full repairing and insuring lease at a current rental of £20,000 per annum exclusive. The current lease has approximately 7 years remaining.
RATES: We have been verbally informed that the current rates payable are £2,880 per annum. The rateable value for the property is £20,000 per annum. Prospective occupiers should make their own enquiries to verify same.
PRICE: We are instructed to quote for the goodwill, valuable lease, and certain trade fixtures and fittings Price reduction £29,900. SAV.
LEGAL FEES: Each party to be responsible for their own legal costs. The purchaser to pay for the landlord’s legal costs.
VIEWING: no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090.
ENERGY PERFORMANCE CERTIFICATE: The premises has been rated a band D, full report available upon request.
DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.
The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.
VAT: All prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
MORTGAGE & FINANCIAL PLANNING: We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status.
Prop. Ref: 6797C
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract
APPLICANTS CONFIDENTIALITY AGREEMENT
I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential. I also undertake that I will:
i) View businesses registered with Watkins Commercial by appointment only.
ii) Not contact any owner, staff, suppliers, competitors or customers of any business
registered with Watkins Commercial
iii) Not pass on any information supplied by Watkins Commercial to any third party other than professional advisor et. Bank, solicitor, surveyor accountant, etc.
iv) Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations
v) Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial
