The property comprises an excellent opportunity to acquire a rarely available fully fitted established, popular bar/nightclub venue (completely refurbished in 2018) with a capacity of 212 arranged over two arches with dance floor, seating area and DJ booth, store room and male/female WC’s.
Location
The premises are prominently located in Kings Road Arches on Brighton Seafront a short distance from West Street. Brighton station is about 15 mins walk. There are many bar, pub, restaurant day and night time destination venues in this established high footfall area including Coalition, Shoosh, Hideout, Tempest Inn, The Fortune of War, The Arch, Lucky Beach, Riddle & Finns and Bar de la Mer.
Accommodation
Ground Floor - 2,404 sq ft
Terms
The premises are available by way of an assingment of the existing full repairing and insuring lease at a current rental figure of £50,000 per annum exclusive, payable quarterly in advance. The lease is dated 25th March 2014 for a term of 25 years, expiring MArch 2039 with five yearly rent reviews, next review 25th March 2024.
Offers are invited in the region of £130,000 for the lease, fixtures and fittings.
EPC - E (105)
Rateable Value - £49,250 (2017 assessment) with rates payable of £24,182 (April 2019/2020)
For a more detailed veiw of the premises license, please view attached brochure.