BURGER BAR WITH VERY LOW OVERHEADS LOCATED ON BUSY MAIN ROAD, BRIGHTON, EAST SUSSEX

The burger bar is located in central Brighton, on a busy main road, which benefits from a high foot fall from the many residents in the area. The Burger Bar is ideally positioned for providing deliveries across the city, covering Saltdean, Woodingdean, Portslade, Hangleton & Shoreham. The surrounding area is densely populated with many flats in the area.  Currently the vendor works with Deliveroo, Just Eats & Uber Eats, where he has received a minimum star rating of 4.5/5 across all sites and has achieved 4.6/5 on Google Reviews.   The business was established in 2019 and the business now only comes to the market due to the vendor’s wish to relocate.

THE PREMISES:  This extremely well-presented premise comes to the market in excellent condition.  On entering the premises there is a serve over counter for ordering and collection of orders. Just behind the serve over counter is the kitchen and cooking area with full extraction and order preparation area. Towards the rear of the premises is a dry store room, two chest freezers, washing up area and staff toilet. At the front of the premises there is seating for 4 customers, with a further 4 seats available outside at the front of the premises. The premises is fitted with CCTV and a sound system.

TENURE: The ground floor is held on a full repairing and insuring lease at a current rental of £5,000. The landlord has confirmed they will negotiate a new lease with the purchaser.

RATES:  We have been informed that the current rateable value of the premises is £5,900 per annum and the rates payable amount to zero per annum, due to the benefit of the small business rate relief scheme. Prospective occupiers should make their own enquiries to verify same.

TURNOVER: The vendors run the business themselves and the current opening hours are 4pm-10pm Monday-Sunday. The average weekly turnover is £2,500 per week. They receive a high level of orders through Just East, Deliveroo and UberEats. 30% of orders customers choose to eat in, rather than take away.

GENERAL REMARKS:  Established business and client base. Secure lease. Very low rent. Based on a busy main road in a densely populated area. Easy access to Brighton & Hove for deliveries. A fully fitted and equipped kitchen. Early Inspections, Highly Recommended.

PRICE:  We are instructed to quote for fixture and fittings, lease and goodwill.Price Reduction £45,000 SAV offers considered.

LEGAL FEES:  Each party to be responsible for their own legal costs. The purchaser to also cover the costs of the landlord’s 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 has been rated a Band D, 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:        6703C

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.