Chinese Restaurants for sale in Southampton

View the "LICENSED CHINESE RESTAURANT, AMIDST MULTIPLE SHOPPING PRECINCT, CITY CENTRE, SOUTHAMPTON" 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: £150,000 Weekly Turnover: £15,000
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Business Description
LICENSED CHINESE RESTAURANT, SOUGHT AFTER POSITION, AMIDST MULTIPLE SHOPPING PRECINCT, CITY CENTRE, SOUTHAMPTON. Lock-up premises recently fitted out at cost of approx. £240,000. Tastefully furnished air-con restaurant has 18 tables with seating for 60+. Comprehensively equipped catering kitchen. Run by H+W team. T/O £12,000/£15,000 pw. High GP. 12 yr lease from Aug 2017 at £49,000 p.a.x. – OIRO £150,000 + S.A.V. (Ref. C.3737). PLEASE VISIT OUR WEBSITE:
Trading Hours:
Open 7 days a week, from 11.00 am to 10.00 pm, with scope to open much later.

Number of Employees: 4 full-time chefs and 2 part-time waitresses.

Tenure: Leasehold

Location Details:
Situated close to the entrance of the West Quay Shopping Mall.

Leasehold Term:
The premises are held on a lease for a term of 12 years, which commenced on 7 August 2017. The current rental amounts to £49,000 per annum, excluding VAT, and is subject to rent reviews every 4 years. NB The Landlords will require a £30,000 rental deposit.


Listed by: Andrew Greenwood
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