POPULAR SANDWICH BAR KEMPTOWN, BRIGHTON

The sandwich bar and cafe is situated in the cosmopolitan area of Brighton known as Kemptown and is a short walk away from the Royal Sussex County Hospital, Brighton College, offices and residential dwellings. The sandwich bar has also become a popular choice for local tradesman in the area who will often stop outside to pick up food. At present the vendor offers a wide choice of sandwiches, jacket potatoes, hot meal options, cakes and hot drinks to eat in or take away. They offer both breakfast and lunch time choices. The sandwich bar has been in the current vendor’s ownership since 2019 and during this time has developed an excellent reputation with a 4.8* rating on Google Reviews and 5* on Trip advisor. The café is currently holding a 5* Health & Hygiene rating. The vendor now only wishes to sell to focus on other opportunities.

THE PREMISES: Single fronted shop being well fitted to the trade with attractive window display area. Seating in the window for 3 customers on bar stools. The sandwich bar went through a complete refurbishment 4 years ago and has two moveable chiller display cabinets at the entrance of the café. With the food preparation, washing up area and staff toilet towards the rear of the premise. There is also a upright drinks chiller fridge at the front of the sandwich bar. Please note the coffee machine and grinder are on lease.

TURNOVER: The business is run under the personal supervision of the vendor and we are informed that the average turnover amounts to £2,500 per week. Hours of Opening: 6:30am to 2:30pm – Monday to Friday – STRICT 5 DAY WEEK. The vendor regularly has larger orders for the staff at the hospital.

TENURE: The premises is held on a full repairing and insuring lease which currently has 3 years left unexpired at a current rental of £7,500 per annum. The lease is fully renewable and has the protection of the landlord and tenant act.

RATES: We have been informed that the premises are Zero Rated under the terms of the small business rate relief scheme. The rateable value for the property is £6,600 per annum. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: Well-presented Sandwich Bar with low overheads. Ideally located near the Sussex County hospital. Outside catering revenue stream.

PRICE: We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings £47,950 SAV

LEGAL FEES: Each party to be responsible for their own legal costs.

VIEWING: On 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 was rated a band C, the full report is 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: 6807C

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 a 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.