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29 Preston Street, Brighton, BN1 2HP

£3,125 pcm
£37,500 pa

£33.54 per sq ft

Business rates & charges may apply

Graves Son and Pilcher, East Sussex
SIZE AVAILABLE

1,118 sq ft

104 sq m

SECTOR

Restaurant to lease

Lease details

Lease available date:
Now
Lease type:
Long term

Key features

  • Situated on lively Preston Street
  • Fully fitted restaurant seating approx 50 covers
  • Full commercial kitchen with extraction

Description

Description
A chance to occupy a spacious and fully fitted restaurant premises which would suit a variety of food operators. The accommodation is configured as open plan ground floor with bar area and seating for approximately 50 covers. Stairs lead to the lower ground floor comprising a fully fitted commercial kitchen with full commercial extraction, prep kitchen area, storeroom and customer w/c facilities.

Location
Situated in on the western side of Preston Street, Brighton, one of the main restaurant locations in the city centre which experiences high footfall and traffic flow at all times of the day. The premises are a short walk from the seafront, iconic i360 and various hotels.

Terms
A new effective full repairing and insuring lease, for a term to be agreed at a commencing rental of £37,500 per annum exclusive and subject to rent reviews at appropriate intervals. Each party is to be responsible for their own legal fees.

Premium
Offers are invited on a guide premium of £39,995 for the restaurant goodwill, licenses, fixtures and fittings. A full inventory is available on request.

VAT
The property may be elected for VAT and therefore VAT may be charged on the terms quoted.

Brochures

29 Preston Street, Brighton, BN1 2HP

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brighton Station0.6 miles
  • London Road (Brighton) Station1.1 miles
  • Hove Station1.2 miles

About Graves Son and Pilcher, East Sussex

51 Old Steyne, Brighton, BN1 1HU

Our dedicated agency team is committed to providing clients with a highly professional bespoke service on all types of commercial property matters including, disposals, acquisitions, business relocation etc. We have specialists in the retail/catering, offices, industrial/warehouse and investment/development sectors.

Our service to clients can be summarised as follows:

• Intimate and detailed local knowledge combined with in depth expertise.

• Highly motivated team with over 100 years combined frontline experience.

• Advice on sales, acquisitions, redevelopment appraisals and business relocation on both a freehold and leasehold basis.

• Advice on sale/letting of vacant premises, business transfer (going concerns) and property investment sales.

• Advice to both tenants and landlords alike.

• An unrivalled reputation for maximising rental income, sale proceeds and property assets and enjoy close liaison with our various other in house departments i.e residential, management, professional, rating and building surveying.

• Clients include both National companies and private individuals.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 328405-2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Graves Son and Pilcher, East Sussex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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