Catering Companies for sale in Southsea

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Catering Businesses - Restaurants

Southsea, Portsmouth, England

  • Leasehold Price: £19,500  Price Reduced arrow_drop_down
  • Annual Turnover: £221,759
  • Annual Net Profit: £15,087
Seller Reference: 5881
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Business Description
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Seller Reference: 5881
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Business Description
I am selling my well established restaurant the italian bar & grill in Southsea, Portsmouth, after 10 years of trading, I am only asking for the price of the fixtures & fittings
NB. Anyone serious about buying this restaurant please make an appointment to view the property & I will answer any questions then.
The restaurant is particularly large & also has a lounge area with 7 sofas & a large garden with a multitude of plants, herbs & flowers, the garden has tables & chairs which are used for eating, drinking & smoking.
The restaurant has 31 tables & approx. 70 chairs & is divided into 2 main areas one of which has a proper pub bar.
The restaurant is at the moment closed Mondays & Tuesdays & weekday lunchtimes so there is a lot of scope to improve turnover.
There are 6 large rooms above, 4 of which are rented out for extra revenue, one is used for owner accommodation & the last is used for storage. The upstairs has its own entrance, lobby area, shower room, toilet & kitchen with central heating & smoke alarms throughout connected to a central independent fire alarm system.
Please see for more photos.
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