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Established Teashop / Restaurant In Gosport Hampshire For Sale

Gosport, Hampshire, UK
Asking Price:
£29,000
Turnover:
£50K - £100K
Net Profit:
On request

Established Lockup Leasehold Teashop / Restaurant in Gosport Hampshire - trading for the last 6 years with current owners, who are selling only as we wish to retire. Turnover has increased year on year (excluding lockdown periods) from taking over.
Dolly's is Currently operating 5 days a week 9:00 until 3:00pm the restaurant has a well established customer base with great ratings on both Google and trip advisor. We provide choice of high quality, cooked to order dishes. The Restaurant has 27+ covers and is operated by the owner with 2 part time daily staff and 2 part time W/E.
The lock up restaurant on situated on the busy secondary trading area of Stoke Road in Gosport next to Christ church. there is a limited stay layby outside and a number of nearby free carparks. The building is surprisingly large with an open kitchen and rear storage areas. it has pedestrian rear access. the business is offered as a going concern with substantial opportunity for additional hours and increasing covers. The Business has maintained a 5 star Hygiene rating since operated by the current owners.

Property Information

Property:

Leasehold

Lease Terms:

new lease to be negotiated with landlord by purchaser

Leasehold Rent:

£9,000 per annum

Living Accommodation:

Lease hold Lockup only

Location:

Dolly's is situated in a Secondary shopping area surrounded by a number of other independent traders

Premises Details:

Single story lockup with front and rear pedestrian access, there is no parking attached to the property, but ample parking is available close by.

Planning Consent:

A3

Business Operation

Expansion Potential:

Additional seating is possible as well as extended hours, the property does not operate with a drinks license currently. We do not offer takeaway in general or a delivery service.

Competition / Market:

There are two other daytime Restaurants in close proximity, and a variation of night-time premises.

Reasons for selling:

Retirement

Trading hours:

9-3

Employees:
4
Years established:
7

Other Information

Support & training:

Handover and support at takeover is Available

Furniture / Fixtures value:
£8,000
Inventory / Stock value:
£500
Website:
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