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Bar And Restaurant In Southampton For Sale

Southampton, Hampshire, UK
Asking Price:
On request
Turnover:
On request
Net Profit:
On request

Discover an exceptional opportunity to acquire a spacious restaurant and bar located in one of Southampton's busiest and most desirable hospitality areas. This unique property features a dining area that comfortably accommodates over 60 covers, providing an excellent foundation for a thriving restaurant, café, bar, or any other hospitality concept you have in mind.
Situated in a prime location with high footfall and excellent visibility, this venue benefits from significant passing trade and strong local demand. One of its most appealing aspects is the remarkably low rent for the area, making it not only an attractive investment but also a cost-effective one with substantial potential for growth.
The premises are equipped with a partially fitted commercial kitchen, giving the new owner the flexibility to customise the setup according to their culinary vision and business needs. Moreover, the sale includes a self-contained one-bedroom flat, which can serve as valuable owner accommodation, staff housing, or an additional source of rental income.
Key Features
This property offers a myriad of advantages that make it stand out in the market:
Prime location on one of Southampton’s most vibrant hospitality streets
Spacious dining area with over 60 seats
Consistently high foot traffic and superb visibility
Among the lowest rental rates in the vicinity
Partially equipped commercial kitchen for flexibility
Includes a one-bedroom flat for various accommodation options
Unique property with extensive potential for various food and beverage concepts
Opportunities such as this are rare. Whether you are an experienced operator or an ambitious entrepreneur eager to make your mark, this venue presents a fantastic chance to secure a premier hospitality establishment in a thriving location.
Business Details
The business has been established for two years, with the current owner operating it for one year. The decision to sell is driven by plans to relocate abroad. The bar and restaurant are available on a leasehold basis, with an asking price available upon request. The annual rent stands at £30,000, and all existing stock is included in the sale.
In addition to the main offerings, the venue features multiple seating options and a customer seating area that caters to a diverse range of local amenities. It is well-known as an established nightlife venue that delivers a high-quality dining experience with exceptional food and drink.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

7 years remaining

Leasehold Rent:

£30,000 per annum

Living Accommodation:

1 bedroom flat

Location:

Prime high street location

Premises Details:

Bar/ restaurant