Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Indian Restaurant Opposite Theatre And Station In Southampton For Sale

Southampton, Hampshire, UK
Asking Price:
£50,000 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Available on request

Licensed indian restaurant, situated close to theatre & station, city centre, southampton. Retirement sale – run by the same family since 1962. Attractively decorated premises that were refurbished 4 years ago. 16 tables accommodate 56 covers. Rear catering kitchen. Currently open only in evenings from 5 pm until 10 pm – 6 days. Scope to extend hrs & for deliveries. T/O £1,100/£1,500 pw. Offered with new lease – length negotiable – at initial rental of £19,000 p.a.x. - £50,000 including S.A.V. (Ref. C.3799)

Property Information

Property:

Leasehold

Lease Terms:

The premises are offered with a new full repairing and insuring lease, the length of which is negotiable, commencing at an initial rental of £19,000 per annum, exclusive.

Leasehold Rent:

£19,000 per annum

Location:

Situated close to the Theatre and Railway Station in Southampton City Centre.

Premises Details:

• Attractive, single fronted restaurant with glazed entrance door to one side and eye-catching red facia above
• The restaurant was refurbished approximately 4 years ago
• Pleasantly decorated, the restaurant has gas central heating, a strip wood floor covering and there are 16 wooden tables accommodating 56 covers
• There is a central, tile fronted service counter with under-counter double door display fridge and electronic cash register
• In addition there is a rear service counter, a useful under-stairs storage cupboard and ladies’ and gentlemen’s toilets
• Comprehensively equipped catering kitchen is situated at the rear of the premises and has white uPVC lined walls and a tiled floor covering
• The kitchen includes: a 6-burner gas cooker, a tandoori oven, a stainless steel extraction system, warm plate cupboard, fridge, freezer and commercial sink unit, etc
• A door to one side of the kitchen gives access to a bin area and there is a further rear store room, that also has a side door, off of which there is a staff toilet

Energy Performance Rating:
B

Business Operation

Expansion Potential:

There is tremendous scope on offer for deliveries, as well as lunch time and extended evening opening hours in this central location.

Reasons for selling:

Retirement.

Trading hours:

By choice, the restaurant is currently only open in the evenings from 5.00/6.00 pm until about 10.00 pm – 6 days a week.

Years established:
Originally opened by the Vendor’s father in 1962.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Rangewell. They will contact you about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Andrew Greenwood. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here