Buy a business

Cafe and Restaurant in Fantastic Location

Southampton

Advert ref: 1062SPT

Business Partnership is pleased to have been appointed as sole selling agent in order to seek a purchaser for this very well positioned business, which has only been made available for sale due to our client wishing to pursue other business interests.

Willis Cafe in Southampton is located within a newly refurbished parade of busy shops and enjoys a great deal of passing trade as well as loyal returning clients from local business people to residents. 

The business offers fantastic food produced in house and has the added benefit of an alcohol license from 8AM- 10:30PM.

The cafe can cater for 40 covers inside and has additional seating and tables outside.

Key features:

Property Details: Leasehold
Asking Price: £90,000 (Leasehold)
Lease Terms:

Leasehold – we understand that a fully renewable 15-year lease, which commenced in 2020, is in place for any purchaser at a rental of £27,000, per annum, and is subject to 5-year reviews.

Employees: 4 + Owner
Support & training:
Our client will provide a comprehensive business handover in order to ensure a smooth transition of ownership and continuity of trading.


Costs:
Each party will be responsible for their own costs associated with the transaction and will be subject to Business Partnership terms and conditions.

Fixtures and fittings:
The business is very well equipped and fitted out to carry out its day-to-day trade with a full inventory of equipment to be supplied to seriously interested parties at the appropriate time. 

Cafe and Restaurant in Fantastic Location  Southampton

Financial Details

  • Leasehold: £90,000
  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed
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