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CONFIDENTIAL
FOR SALE
652283
Discover an exceptional opportunity to acquire a spacious restaurant and bar located in one of Southampton's busiest and most desirable hospitality areas. This unique property features a dining area that comfortably accommodates over 60 covers, providing an excellent foundation for a thriving restaurant, café, bar, or any other hospitality concept you have in mind.
Situated in a prime location with high footfall and excellent visibility, this venue benefits from significant passing trade and strong local demand. One of its most appealing aspects is the remarkably low rent for the area, making it not only an attractive investment but also a cost-effective one with substantial potential for growth.
The premises are equipped with a partially fitted commercial kitchen, giving the new owner the flexibility to customise the setup according to their culinary vision and business needs. Moreover, the sale includes a self-contained one-bedroom flat, which can serve as valuable owner accommodation, staff housing, or an additional source of rental income.
Key Features
This property offers a myriad of advantages that make it stand out in the market:
Opportunities such as this are rare. Whether you are an experienced operator or an ambitious entrepreneur eager to make your mark, this venue presents a fantastic chance to secure a premier hospitality establishment in a thriving location.
Business Details
The business has been established for two years, with the current owner operating it for one year. The decision to sell is driven by plans to relocate abroad. The bar and restaurant are available on a leasehold basis, with an asking price available upon request. The annual rent stands at £30,000, and all existing stock is included in the sale.
In addition to the main offerings, the venue features multiple seating options and a customer seating area that caters to a diverse range of local amenities. It is well-known as an established nightlife venue that delivers a high-quality dining experience with exceptional food and drink.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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