FOR SALE
01/02/24
606111
6694C / Rightbiz
This well-presented café occupies a prominent position in a busy location in East Brighton. The café is in close proximity to Lidil supermarket and is on a busy main road. The café has the benefit of on street parking or alternatively customers can park free of charge in the nearby supermarket. The café has been in the current vendors hands since 2021 and during this time has created a loyal customer base. The concern is assured of an all year-round trade and the business now only comes to the market due to his wish to focus on other business opportunities. The vendor has created an excellent reputation for serving all day breakfasts, lunch and coffee, with excellent reviews on Google Reviews and Uber eats. At present the café is only open for breakfast and lunch, however there would be enormous scope to capitalize on the evening dinner trade or use this premises as a base for deliveries across Brighton and the surrounding areas.
THE PREMISES: The café is located on a busy parade of shops in Whitehawk, Brighton. The café has seating for 25 covers downstairs and a further 16 covers on the 1st floor. The counter area is towards the rear of the premises and is adjacent to the fully equipped kitchen, which also benefits from full extraction. A list of the fixtures and fittings can be made available to any bona fide purchaser. Towards the rear of premises is the washing up area, customer toilets and storage area.
TURNOVER: We are informed that the business averages some £2,500 -£3,000 per week. The vendor currently works full time in the business, with the assistance of 2 full time and 2 part time members of staff. Hours of Opening: 8am to 2pm Monday- Sunday. The vendors also work with Deliveroo, Just Eat and Uber Eats.
TENURE: The premises are held on a full repairing and insuring lease which has approximately 4 years unexpired at a current rental of £13,000 per annum.
RATES: The rateable value for the property is £4,150 per annum and we are informed that the business currently benefits from small business rate relief, therefore the rates payable are zero at present. Prospective occupiers should make their own enquiries to verify same.
GENERAL REMARKS: Well established and highly rated business on Uber Eats and Google Reviews. Easy access to parking. Ideally located for deliverers across Brighton and along the coast.
PRICE: We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings. Price £39,950 SAV
LEGAL FEES: Each party to be responsible for their own legal costs.
VIEWING: On no account should any approach be made to the staff without a prior appointment through the vendor’s sole agents, Watkins Commercial, Telephone: 01273 709090.
ENERGY PERFORMANCE CERTIFICATE: Our clients are in the process of obtaining an EPC for the premises.
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 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: 6694C
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 etc. 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
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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