GROUP OF 5 SHOPS, BRIGHTON, EAST SUSSEX Reference No: P7678J

Price: Not Disclosed
Description

LOCATION:                          In one of England’s most densely populated cities outside London, this is the largest and best known popular seaside resort and tourist destination in UK for foreign visitors with its diverse communities, quirky shopping areas, a large vibrant cultural, music and arts scene which attracts over 8 million day visitors and over 5 million over night visitors each year. Voted one of the happiest places to live in UK.

 

DESCRIPTION:                   A group of 4 freehold shops, this branded group, established over 40 years with a very strong reputation for many years as being by far the best burger place in town, is very popular with the locals and regulars catering for a range of meat, vegetarian and vegan options with milkshakes, hot drinks and snacks. A unique feature of this group is that the vegetarian burgers sales now exceed meat content sales with all the shops offering an over-the-counter service and deliberately offers no delivery options.  All the group shops are fully fire safety compliant with fire alarm contracts. All premises unusually also benefit from use classes A3, A4 and A5. 

 

LEWES ROAD-               The single fronted 900 sq ft shop has seating for 15 persons with an over the counter serving area and a full open plan kitchen with a separate wash up section to the rear with a stock room and inside wc. The Business rates payable: £2,850 per annum. The building has a self-contained 3 bed flat above with a front entrance, with 2 bathrooms and is off Upper Lewes Road. The Council tax payable is £1,461.47 per annum.

 

YORK PLACE -               The 700 Sq ft single fronted shop has seating inside for 16 people, a counter section, an open kitchen and a wash up section. To the rear are various storage cupboards, a rear wc inside and small secure yard plus a bin store. The business rates payable: £3,360 per annum, The self-contained 3 bed flat above with a front and a rear entrance is HMO approved and produces £16,640 per annum. The Council tax for the flat is £1,461.47 per annum.

 

 ST JAMES -                    A Single fronted 500 sq ft shop with a counter section and an open plan kitchen with a wash up section. To the side is the seating for 14 persons. The 150 sq ft basement comprises a wc, stock room and a fire exit. The business rates payable are £2,360 per annum. The self-contained 4 flats above have an entrance from Camelford Street. The Council tax for the first floor is £1,252.69 per annum. For the second and third floors, the Council tax is £1461.47 per annum.

 

                                            The corner shop with a large basement next door is let as a beauty salon producing £15,000 per annum.

 

 WESTERN ROAD -       A single fronted shop with 500 sq ft on the ground floor with a counter section and seating for 8 persons, an open plan kitchen and wash up section. The 350 sq ft basement comprises a wc and a large stock room. The listed building has a self contained 3 bed flat with a front entrance is producing £1.500 pm. The business rates payable are £3,320 per annum. For the flat above on two floors the Council tax is £1252.69 per annum.

                                          

BUSINESS:                         Staff run taking £1.4 million @ 70% gross profit. 2 staff at each shop (wages are £25% of takings). The businesses are all fully equipped for the trade.

 

HOURS:                               All 4 shops open from noon to 12 pm. On Friday and Saturday, they open to 3 am (with late licences)

 

TENURE:                             ALL 4 PROPERTIES FREEHOLD.  

                                                   

VIEWINGS/

Negotiations:                      STRICTLY BY APPOINTMENT ONLY Strictly through PEGASUS BUSINESS SALES

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