Highly Rated Restaurant For Sale

  • Price: £160,000
Southampton, Hampshire, England
Seller Ref:B07803
For Sale

Highly Rated Restaurant For Sale

Southampton, Hampshire, England
Seller Ref:B07803
  • Price: £160,000

Overview

Seller Ref: B07803

Description

Business
Please quote reference B07803


CoGoGo welcomes to the market Prive Bar & Restaurant, a highly rated business opportunity in Southampton, Hampshire. 


The business has been under our clients ownership since July 2023, building up an excellent reputation and regular customer base during its short time of trading. 


Prive Bar & Restaurant has now come to the market due to our clients desire to spend more time with his young family. 


Privé Bar and restaurant is situated in Southampton on the popular Commercial road. Ideal for anyone who wishes to dine, have snacks, coffee, cocktails or the whole experience. They are local to the theatre so bookings are advised.


Their extensive menus feature an amazing variety of amazing fresh dishes using the freshest ingredients. They have everything to suit every taste including vegetarian and vegan options.


The stunning bar area is ideal for anyone who wishes to have a drink, cocktail, wine or coffee. They have a dedicated professional team who will look after you every step of the experience.


Key selling points – 

  • Great Reputation
  • Totally Refurbished
  • Prominent Position


Scope for further growth –

  • Increase the advertising and marketing
  • Introduce a delivery service
  • Expand the current website

Location
Prive Bar & Restaurant is located on Commercial Road in Southampton, Hampshire. 


Due to its trading position and location, it regularly receives high levels of footfall and passing trade. 

Premises
The basement floor is used as the kitchen. 


The ground floor is the bar area with 30 covers. 


The first floor is the restaurant area, with 40 additional seats. 


To the second floor, there are 2 flats which could be rented out. 

Tenure
We are advised that this business is being sold on a Leasehold basis, with the current rent at £3,333 per month. 

Hours
The current trading hours are –


Monday – Closed


Tuesday to Saturday – 12:00pm – 11:30pm


Sunday – 12:00pm – 9:00pm

Staff
We are advised that the business is run and managed by our client, with the help of a team of staff in place. 

Financial Profile
Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

Listed By:

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