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Top-Ranked Prive Bar & Restaurant in Southampton Hampshire Up For Sale

Southampton, Hampshire
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Highly Rated Restaurant For SaleHighly Rated Restaurant For SaleHighly Rated Restaurant For SaleHighly Rated Restaurant For SaleHighly Rated Restaurant For SaleHighly Rated Restaurant For SaleHighly Rated Restaurant For SaleHighly Rated Restaurant For SaleHighly Rated Restaurant For Sale
  • Status

    FOR SALE

  • Date Submitted:

    08/02/24

  • Advert ID

    606450

  • Reference

    B07803 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £160,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly Rated Restaurant For Sale

Business
Please quote reference B07803

CoGoGo welcomes to the market Prive Bar & Restaurant, a highly rated business opportunity in Southampton, Hampshire. 

The business has been under our clients ownership since July 2023, building up an excellent reputation and regular customer base during its short time of trading. 

Prive Bar & Restaurant has now come to the market due to our clients desire to spend more time with his young family. 

Privé Bar and restaurant is situated in Southampton on the popular Commercial road. Ideal for anyone who wishes to dine, have snacks, coffee, cocktails or the whole experience. They are local to the theatre so bookings are advised.

Their extensive menus feature an amazing variety of amazing fresh dishes using the freshest ingredients. They have everything to suit every taste including vegetarian and vegan options.

The stunning bar area is ideal for anyone who wishes to have a drink, cocktail, wine or coffee. They have a dedicated professional team who will look after you every step of the experience.

Key selling points - 

  • Great Reputation
  • Totally Refurbished
  • Prominent Position
Scope for further growth -

  • Increase the advertising and marketing
  • Introduce a delivery service
  • Expand the current website


Location
Prive Bar & Restaurant is located on Commercial Road in Southampton, Hampshire. 

Due to its trading position and location, it regularly receives high levels of footfall and passing trade. 



Premises
The basement floor is used as the kitchen. 

The ground floor is the bar area with 30 covers. 

The first floor is the restaurant area, with 40 additional seats. 

To the second floor, there are 2 flats which could be rented out. 



Tenure
We are advised that this business is being sold on a Leasehold basis, with the current rent at £3,333 per month. 



Hours
The current trading hours are -

Monday - Closed

Tuesday to Saturday - 12:00pm - 11:30pm

Sunday - 12:00pm - 9:00pm



Staff
We are advised that the business is run and managed by our client, with the help of a team of staff in place. 



Financial Profile
Further financials can be made available upon request. 



Read more

Contact Agent

Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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