CAFÉ SANDWICH BARS LOCATED IN PROMINENT MAIN ROAD, BRIGHTON & HOVE

ESTABLISHED SANDWICH BAR LOCATED IN PROMINENT POISITON MINUTES FROM HOVE RAILWAY STATION HOVE, EAST SUSSEX

Hove Patisserie was created 23 years ago from their first site in Hove Park Villas and then 8 years ago opened the Portland Road site. The Hove Park Villa’s café is on a small parade of shops leading to Hove railway station and is only a short walk from Hove Park and the nearby extensive Goldstone Development which is creating 148 new apartments which will only be a short walk away. The café benefits from a high footfall due to its ideal locations and being adjacent to Hove Mainline railway station. At present the café offer a wide range of freshly prepared pastries, sandwiches, cakes, panini’s and a selection of salads which are all made and baked in house. The business has developed an excellent reputation with many customers being local residents and coming from nearby businesses and offices. The businesses now only come to the market due to the vendors wish to retire.

HOVE PARK VILLAS: The single fronted E class sandwich

bar/café is located minutes from Hove’s mainline railway station. The premise comes to the market in excellent condition and has a wealth of trade fixtures and fittings, a full inventory of the trade fixtures and fittings will be shared with any bona fide purchaser. On entering the

sandwich bar there is a serve over chiller counter and the food preparation and coffee making area. The café provides seating for 10 covers inside and a further 4 covers to the front of the café. Towards the rear of the premise is the baking area which includes a 4-deck baking oven, a foster freezer and a retarder. The basement contains a washing up space, a large food preparation area; which has stainless steel tables throughout, further baking equipment, fridges and freezers.

TURNOVER: We are informed that the business currently averages just over £5,000 per week. The vendors oversee the management of the business and

both vendors hold part time roles in the business. They then have an additional 4 part time staff members who assist them. The sandwich bar is open from Monday-Friday 6:30am- 2:30pm. There is enormous scope to increase turnover further by opening at the weekends, restarting the previously very successful outside catering side of the business and to also partner with the likes of Deliveroo and Just Eats.

TENURE: The premises is held on a full repairing and insuring lease which has approximately 9 years unexpired at a rental of £14,000 per annum.

RATES: The rateable value for this site is £10,000 per annum and the rates payable are currently rated at zero, due to the small business rate relief scheme. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: The sandwich bar is located in excellent locations which benefit from a high footfall throughout the year. Low overheads. Opportunity to restart outside catering operation. Personally inspected. Secure leases. Established businesses. Highly Recommended.

PRICE: We are instructed to quote for the leases, goodwill, equipment, trade fixtures and fittings £110,000 SAV

LEGAL FEES: Each party to be responsible for their own legal costs. The purchaser to pay 50% of the landlord’s reasonable 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 property has been rated a band B, the full report is available on 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:AllpricesandrentsarequotedexclusiveofVAT. Anyintendingpurchasersorlesseesmustsatisfythemselves 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: 6771C

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.