Bars for sale in Hampshire

View the "Character Gin & Tapas Bar With A La Carte Restaurant In Solent Sailing Mecca, Hampshire" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £195,000 Annual Turnover: £300,000
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Business Description
CHARACTER GIN & TAPAS BAR, WITH FIRST FLOOR A LA CARTE RESTAURANT & REAR TRADE GARDEN, AMIDST CONSERVATION AREA, IN SOLENT SAILING MECCA, HAMPSHIRE. Occupying an enviable location. Charming bar with oak plank floor – seats 16/20. Pleasantly furnished first flr restaurant – seats 30. Well equipped catering kitchen & delightful rear trade garden has covered seating & 2 thatched rotundas. Same hands 9 yrs. Only open 5 eves a week & closed Sunday. Projected T/O approx. £300,000 p.a. GP 64%+. 25 yr lease from Sept 2009 at current rental of £20,000 p.a.x. – OIRO £195,000 + S.A.V. (Ref. F/C.3740). PLEASE VISIT OUR WEBSITE: www.andrewgreenwood.com
Trading Hours:
Open from 6.00 pm until 11.00 pm from Tuesday to Saturday with scope to open Sunday and at lunchtimes.

Number of Employees:
3 kitchen staff and between 2 and 5 waitresses, depending on the season.

Tenure: Leasehold

Location Details:
Occupying an enviable High Street location in the Internationally known Solent sailing Mecca. Situated close to large pay and display car park and The Quay

Leasehold Term:
The premises are held on a lease for a term of 25 years, which commenced on 21 September 2009. There are 5 yearly rent reviews and we understand that the current rental amounts to £20,000 per annum, exclusive.

Website:

Listed by: Andrew Greenwood

Find out more about this business opportunity.

 
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FC3740
Seller Reference:
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