118-120 St Georges Road, Kemptown, Brighton, BN2 1EA

Property Details: • Type: 3,001 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Located in a prime position • Ready for immediate occupation • Fully fitted commercial kitchen • Premium required, offers invited • Lease Assignment

Location: • Nearest Station: Brighton Station • Distance to Station: 1.0 miles

Agent Information: • Address: 51 Old Steyne, Brighton, BN1 1HU

Full Description: DescriptionA rare opportunity to occupy this substantial restaurant premises located in a prominent and vibrant location with substantial corner frontage. The property comprises of ground and lower ground floor commercial trading with large rear garden. The ground floor comprises of a fully fitted bar, tiled flooring and free standing tables and chairs for circa 75 covers. A fully fitted commercial kitchen with full extraction system, stainless steel worktops, various cooking equipment plus preparation area can also be found on the ground floor. The lower ground floor is configured as a private function area with bar, w/c facilities and store rooms. The premises also benefits from an alcohol licence allowing the sale of alcohol between the hours of 12pm-12am.LocationThe property occupies a prominent position in the heart of Kemp Town along St Georges Road where many other quirky independent retailers, cafes, restaurants, and bars can be found. Royal Sussex County Hospital and Brighton College are located to the North, while Brighton seafront is within walking distance to the South.TermsThe property is available by way of a lease assignment up until 31st August 2034, at a passing rent of £35,000 Per Annum exclusive. We are informed that the building is not currently elect for VAT, there is an open market upward only rent review in August 2029 and the lease has been granted outside of the Landlord & Tenant Act 1954.PremiumPlease note that the existing tenant requires a premium for the fixtures and fittings within the property – offers are invited once interested parties have inspected the property.Business Rates£44,750.