 | Charming Restaurant For Sale Southsea, Portsmouth, Hampshire, United Kingdom Advert ref: 1088RA FINANCIAL DETAILS | Asking price: £69,950 Sales revenue: £140,505 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | This popular and charming full air-conditioned licensed restaurant, offers a varied selection of modern British cuisine for lunch and dinner. Voted the best restaurant in Portsmouth in 2005, by the local newspaper. There are 50 covers, and the premises have been recently redecorated and refurbished to a high standard.
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GENERAL INFORMATION | Employees: Owner & partner plus 2 full-time and 2 part-time.
Trading hours: Tuesday - Sunday.
Property: Leasehold
Lease terms
The premises are available on a 10 year lease, with 7.5 years remaining. Current annual rent is £26,000.
Location
Located in Southsea, in a busy shopping area, not too far from the sea.
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The Business Partnership - Portsmouth, SE Hants & SW Sussex | | | |
