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

Character Gin & Tapas Bar With A La Carte Restaurant In Solent Sailing Mecca Of Hamble, Hampshire

Southampton, Hampshire, England

  • Leasehold Price: £149,000  Price Reduced arrow_drop_down
  • Annual Turnover: £300,000
Seller Reference: FC3740
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Business Description
 
 
 
 
 
 
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Seller Reference: FC3740
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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 OF HAMBLE, 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 with covered seating area. Same hands 9 yrs. Only open 5 eves a week & closed Sunday. Projected T/O approx. £300,000 p.a. GP 60%+. 15 yr lease from Sept 2009 at current rental of £20,000 p.a.x. – OIRO £149,000 + 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 of Hamble, near Southampton. 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 15 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.
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