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Boutique Hotel, Bar & Restaurant In Central Southampton For Lease

Southampton, Hampshire, UK
Asking Price:
£135,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£200K - £500K
Net Profit:
Available on request

Located in central Southampton just 5 minutes away from one of UK's largest cruising ports, attracting thousands of national and international guests annually.

The hotel has an exceptionally high return rate of regular Guests both business and tourists & has been achieving a healthy year on year growth.

Also located just 10 minutes walk from one of Southampton most popular nightlife areas.

The property has 12 en-suite bedrooms and newly refurbished (selection of Super kings,doubles & single)

The hotel also has a well established restaurant which has a great local reputation, Adjacent to the restaurant is our fully stocked bar with a number of lagers & ale's on tap including an extensive range of spirits.

The property has recently undergone a full cosmetic refurbishment including Restaurant, Bar & Bedrooms.

The hotel is a hot spot for weddings & parties (Exclusive & Non Exclusive Hire)

Hotel facilities
- 12 Guest rooms
- 28 Seat restaurant with bar
- 16 Seat lounge with piano bar
- 26 Seat beer garden
- Onsite car parking

Business details
- Occupancy for the hotel 80% & increasing.
- Turnover available on request.
- Hotel perfect location for travelling guests located within 5 minutes of cruise ports & coach/train stations.
- Business is showing excellent year on year growth.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

Full repairing lease, Rent payable quarterly Lease is non negotiable.

Leasehold Rent:

£40,000 per annum

Location:

Hotel is located in central Southampton.

Premises Details:

Hotel, 12 beds, Full facility hotel with Bar & Restaurant

Business Operation

Competition / Market:

Southampton consist of larger chain hotel's leaving us in a very unique category being the only boutique hotel in Southampton.

Reasons for selling:

Owner has other business interests/investments to pursue.

Trading hours:

7 days a week.

Employees:
8
Years established:
9

Other Information

Support & training:

Full training of system and operations can be offered.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Sellers finance is negotiable.

Contact Information

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