Mexican Restaurant and Bar, prominent corner site, amidst a student area, in Southampton, Hampshire.

Southampton, Hampshire



Date Submitted:


Advert ID



C3813 / Rightbiz
Leasehold: £240,000
Annual Rent: £46,392
Annual Turnover: £560,000
Annual Net Profit: Available upon request

THRIVING MEXICAN RESTAURANT & BAR (FULL ON-LIC), OCCUPYING PROMINENT CORNER SITE, SOUTHAMPTON.  Family run business. Same hands 12 years. Retirement sale. Offering authentic Mexican cuisine. Popular with locals & students. Eye-catching restaurant has covered external seating for 40, with internal Latin themed, split-level seating for 60 covers. Well equipped bar & catering kitchen. Open 11 am to 11 pm – 6 days. Recorded gross T/O approx. £560,000 (inc. VAT). GP 65%. Accounts available. Offered with new lease, terms to be agreed, at current rental of £46,392 p.a., which is substantially off-set by letting 3 S/C flats above, that produce a rental income of £29,400 p.a. OIRO £240,000 S.A.V. (Ref. C.3813).  PLEASE VISIT OUR WEBSITE:

Key Features
  • Close to Local Amenities
  • Accounts Available
  • Town Centre location
  • Offers Invited
  • Established Business
  • Split Level Trading Area
  • Retirement Sale
  • Fully Fitted
  • Free of Tie Leasehold
  • Attractive Business
  • New Lease
  • Price Reduced
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Advert Reference:
C3813 / Rightbiz
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