Scroll To Top

Large Chinese Restaurant in Southampton

Southampton, Hampshire
Advert ID
5513 / Rightbiz
Leasehold Price: £49,950
Annual Turnover: £80,300
    Established Over 35 Years

    Excellent Online Google Reviews

    Projected Annual Turnover (2019/20) £80,300

    Projected Gross Profit (2019/20) £39,000

    Accounts Available Upon Viewing

    50 Seat Restaurant

    Trading With Our Vendor Since 1997

    3 Bedroom Owners Accommodation

    Free Parking

    EPC - D

REF 5513 – Chinese Restaurant with Accommodation
Blacks Business Brokers are delighted to bring to the market this leasehold Chinese restaurant with accommodation located in the much sought after area of Totton, Southampton.

The Family House has been trading here on Commercial Road for over 35 years, with our client in ownership since 1997. In that time it has firmly established itself within the local community and with such a long and impressive trading history has a reputation second to none in this area.

Totton is a popular town in Hampshire. It is situated outside the eastern edge of the New Forest and on the River Test, close to the city of Southampton. Surrounding towns and villages include Ashurst, Marchwood, Cadnam and Ower. The area is well linked with the M271 and M27 along with plenty of local public transport links.

The business is only being offered for sale due to our clients other business and personal interests.

The building is available on a competitive rent on a Full Repair and insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 20 years with rent reviews every 5. The current lease began in 2008 at a cost of £184 per week.

The business is housed within the ground floor of a large, double fronted retail unit. The glazed frontage includes large, bright signage and branding. Inside, the dining area is welcoming and well presented, offering 50 seats within the L-shaped layout. The space has traditional Chinese décor with beautiful wall art and a well-stocked and nicely presented bar to the rear of the area. In addition, the customer toilets, kitchen and food preparation area are positioned to the rear of the unit, with good quality fixtures, fittings and equipment in place. The business also benefits from three parking spaces directly outside and plenty of other local parking for customer use.On the first floor of the building, is a large two-bedroom accommodation, there is scope to make this into three bedrooms if required.

The business is family run currently, with no other members of staff in employment.

Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. Projected Annual Turnover (2019/20) £80,300. Projected Gross Profit (2019/20) £39,000. Most customers are from the local area as one would expect, with some additional trade from passers by and visitors to the area.

This is an ideal opportunity to acquire a well-established Chinese restaurant in a busy trading position in the centre of Totton on the outskirts of Southampton with 2/3 bedroom accommodation and very agreeable overheads. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings:
Air con
Wine chiller
Beer chiller
Ice maker
Air extraction system
9 hob wok burner
6 hob gas cooker
Hot plate
2 Rice cookers
2 Double doored stainless steel fridges
1 Upright fridge
1 Counter freezer unit

Opening Hours:
MON: 12:00 - 14:00 // 17:30 - 23:00TUE: 12:00 - 14:00 // 17:30 - 23:00WED: 12:00 - 14:00 // 17:30 - 23:00THU: 12:00 - 14:00 // 17:30 - 23:00FRI: 12:00 - 14:00 // 17:30 - 00:00SAT: 12:00 - 14:00 // 17:30 - 00:00SUN: CLOSED

Weekly Rent:
£184 Per Week. Weekly Rent:
£184 Per Week.
Listing Details
Location: Southampton, Hampshire
Sector: Commercial Properties, Restaurants
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 5513 / Rightbiz

RightBiz Premium Buyer Feature

Get quicker responses by directly contacting the seller through telephone number or email. Learn more about paid memberships →
Energy Performance Certificate (EPC)
Listing Statistics
Impressionsi: Upgrade to view
Enquiriesi: Upgrade to view
Interestedi: Upgrade to view
Watchingi: Upgrade to view
Date Ad Submitted: Upgrade to view
Last Viewedi: Upgrade to view
Last Updatedi: Upgrade to view
Last Enquiry Received: Upgrade to view

RightBiz Premium Buyer Feature

See how much interest every advert is receiving by viewing full advert statistics. Learn more about paid memberships →
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing

Related Businesses for Sale

Plumbing And Heating Businesses
Convenience Stores
Care Homes
Well-respected Pre-School and Day...
Undisclosed, Hertfordshire
Catering Businesses
The data showed regarding this advert 'Large Chinese Restaurant in Southampton - 5513 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller