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THIS BUSINESS IS NOW UNDER OFFER

Licensed Coffee Shop, situated just off multiple shopping thoro'fare, in coastal resort of Southsea

Southsea, Hampshire
Leasehold Price:
£110,000
Status
UNDER OFFER
Advert ID
243899
Reference
C3788 / Rightbiz

LICENSED COFFEE SHOP, JUST OFF MULTIPLE SHOPPING THORO’FARE, CLOSE TO LARGE SUPERMARKET & CAR PARK, COASTAL RESORT OF SOUTHSEA, HANTS. Character, mid-Victorian prop. Occupying a prom. corner site with forecourt seating for 6. Attractively decorated, air-con grnd flr seats 20 , includes servery with espresso. Additional first flr seating for 27. Well equipped catering kitchen. Open congenial hrs (9 am/4 pm) – 7 days. Mainly staff run. SCOPE. T/O £6,000 pw. GP 76%. Accts avail. 15 yr lease from July 2015 at current rental of £17,600 p.a.x. - £110,000 S.A.V. (Ref. C.3788).  PLEASE VISIT OUR WEBSITE:  www.andrewgreenwood.com

Listing Details
Leasehold Price: £110,000
Tenure: Leasehold
Location: Southsea, Hampshire
Sector: Tea Rooms, Cafes, Restaurants
Financials
Annual Turnover: £252,621
Annual Net Profit: £59,915
Key Features
  • Established Business
  • Fully Fitted
  • Split Level Trading Area
  • Prime Location
  • Price Reduced
  • Adjacent to Multiple Retailers
  • Town Centre location
  • Accounts Available
  • Close to Local Amenities
  • Attractive Business
Contact Agent
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Advert Reference: C3788 / Rightbiz
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