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Established Restaurant In Portsmouth For Sale

Portsmouth, Hampshire, UK
Asking Price:
£135,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Premium Location on Commercial Road

Location Highlights:
Prime spot on Commercial Road

Leasehold Details:
7 years remaining on the leasehold

Features:
Brand new kitchen equipment, including an advanced extraction system
Stylish new furniture
Recently refurbished interior
Seating capacity for 45 guests
Classified under Use Class A3

Description:
The restaurant is strategically situated to attract a diverse clientele, including students, commuters, and tourists. The modern and inviting ambiance, coupled with brand new kitchen equipment and furnishings, ensures an excellent dining experience for all patrons.

This is a turn-key operation with a newly refurbished interior that boasts a seating capacity for 45 guests. The 7-year leasehold offers stability and the potential for long-term success.

Property Information

Property:

Leasehold

Lease Terms:

10 years of the lease
7 years left on the lease
No fees per annum

Leasehold Rent:

£42,000 per annum

Location:

Location Highlights:

Prime spot on Commercial Road

Business Operation

Employees:
10
Years established:
2022

Other Information

Furniture / Fixtures value:
£135,000 - included in the asking price
Website:
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