Restaurants for sale in Fareham

View the "Licensed Restaurant, Amidst Professional Area, In Thriving Town Centre, Between Southampton And Portsmouth" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Licensed Restaurant, Amidst Professional Area, In Thriving Town Centre, Between Southampton And Portsmouth

Fareham, Hampshire, England

  • Freehold Price: £695,000  Price Reduced arrow_drop_down
  • Leasehold Price: £120,000
  • Annual Turnover: £220,812
  • Annual Gross Profit: £155,714
Seller Reference: C3668
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Business Description
 
 
 
 
 
 
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Seller Reference: C3668
Request Details
Business Description
LIC. RESTAURANT WITH 3 BED MAISONETTE, SOUGHT AFTER POSN AMIDST PROFESSIONAL AREA, THRIVING TOWN CENTRE, BETWEEN SOUTHAMPTON & PORTSMOUTH. Character Grad II Listed Bldg amidst conservation area. Run on chef/patron basis. Same hands 15 yrs. Retirement sale. Tastefully decorated, air con restaurant – seats 36/44 covers with adj. Cocktail Bar & open plan kitchen. 3 bed maisonette above & rear yard. T/O £5,300 pw. Accts. record T/O £220,812 (ex VAT). GP £155,714 (70.5%). Open 5½ days. – EITHER £695,000 + S.A.V. F’HOLD, OR, with a new 15 yr lease at £25,000 p.a.x. - £120,000 + S.A.V. (Ref. C.3668). PLEASE VISIT OUR WEBSITE: www.andrewgreenwood.com
Trading hours:
Open Tuesday to Saturday for lunch from 12.00 noon to 2.00 pm and dinner from 6.30 pm to 10.00 pm. Also open Sunday lunch time from 12.00 noon to 2.30 pm.
Number of employees:
2 full-time and part-time staff
Tenure:
Leasehold, Freehold
Is accommodation included?:
3 bed maisonette above & rear yard.
Location Details:
Situated just around the corner from a bustling multiple shopping thoroughfare, close to many civic buildings and town centre car parks, being within easy reach of the M27 motorway.
Leasehold Term:
Available Freehold or with a new 15 year lease, commencing at an initial rental of £25,000 p.a.x.
Listed by:
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