 | Popular Pub & Restaurant Southsea, Portsmouth, Hampshire, United Kingdom Advert ref: 1064RA FINANCIAL DETAILS | Asking price: £149,950 Sales revenue: £437,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Large, busy, successful business run by the current owners for 10 years. Has a reputation for good food. Loyal regular clientele.
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GENERAL INFORMATION | Property: Leasehold
Lease terms
20 year lease with 9 years remaining. Current rent £49000 per annum.
Living accomodation
Spacious three double bedroom accommodation.
Location
On a main route, quite close to the seafront.
Expansion potential
Good potential to extend services, and introduce new themes.
Reasons for selling
Retirement and emigration.
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The Business Partnership - Portsmouth, SE Hants & SW Sussex | | | |
