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Stylish Southampton City Centre Bar And Venue For Sale

Southampton, Hampshire, UK
Asking Price:
£75,000
Turnover:
Available on request
Net Profit:
Available on request

• Stylish Southampton city centre bar and venue
• Free-of-tie with £68,000 annual profit for working owners
• Annual turnover circa £250,000 with great scope to increase
• Rent only £25,000 per annum with a 10-year commercial lease
• Bar capacity 220 (includes vertical drinking)
• Recently refurbished ground floor bar seats 50
• First floor separate function suite for 30
• Commercial kitchen and cellars
• Outside seating for 30

Property Information

Property:

Leasehold

Lease Terms:

The property is subject to a 10-year lease with annual rent of £25,000.

Location:

The Crib bar is situated in the Bedford Place area of central Southampton.

This is a district of bars, clubs and restaurants, situated close to the city centre and known as one of “the places to go” in the city.

The south coast city of Southampton has a population of 253,651 with fantastic communications by both road, rail, sea and benefits from an airport.