 | Restaurant & Coffee Shop For Sale Southsea, Hampshire, United Kingdom Advert ref: 1137RA FINANCIAL DETAILS | Asking price: £160,000 Sales revenue: £200k < 500k Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | This is an attarctive and desirable restaurant and coffee shop, in a much sought after location in Southsea. Focussing on both French and English cuisine, the business serves an excellent selection of lunches and meals, as well as a variety of sandwiches and baguettes, and has a loyal regular clientele. The business is successful and profitable, and will produce a good income for the purchasers from day one.
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GENERAL INFORMATION | Trading hours: 8.00-5.00 Monday to Saturday. 9.00-3.00 Sunday.
Property: Leasehold
Lease terms
The business is available on an original 11 year lease, with 8 years remaining. Current annual rent is £11,500.
Location
The business is well located on a popular, sought after road in the area, with parking outside and nearby.
Expansion potential
As the business is currently only open during the day, there is plenty of scope for business development through extending the opening hours to include some evenings, particularly the weekends.
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The Business Partnership - Portsmouth, SE Hants & SW Sussex | | | |
