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BBQ restaurant for sale in Portsmouth Hampshire

Portsmouth, HampshireEst. 8 years
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BBQ restaurant for sale in Portsmouth Photo 1
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BBQ restaurant for sale in Portsmouth
  • Status

    FOR SALE

  • Advert ID

    655273

  • Leasehold: £55,000
  • Rent: £23,000 (£1,917 per month)
  • Turnover: Not Applicable
  • Profit: Not Applicable

Key Features

  • Alcohol and hot food licence
  • All necessary licenses obtained
  • Attractive premises location
  • Authentic cuisine offerings

Business Details

BBQ restaurant for sale in Portsmouth

A well-established BBQ restaurant is now available for sale in Portsmouth, renowned for its inviting bar and dining area conveniently located near the theatre. This restaurant boasts a stylish interior, complete with modern furnishings and generous seating arrangements that cater to a variety of dining preferences.

The establishment is equipped with high-quality kitchen facilities, enabling the preparation of a diverse range of Asian cuisine. Its prime location, featuring large windows, allows for abundant natural light and excellent street visibility, enhancing the overall dining experience. The comfortable dining options include private booths and communal spaces, making it a perfect setting for both casual diners and larger groups. With an established customer base and significant potential for growth and expansion, this restaurant represents a valuable opportunity for prospective buyers.

Having been established for eight years, this business has flourished under its current ownership for the same duration. The reasons for selling stem from a planned relocation, making this a timely opportunity for anyone looking to enter the restaurant market. The surroundings are vibrant, filled with other bustling pubs and restaurants, reinforcing the appeal of the location.

Inclusions and Licences

The sale includes several key features that enhance its value. This includes an alcohol and hot food licence, as well as an inventory of fixtures and fittings that are part of the purchase price. All necessary licenses have been obtained, ensuring a smooth transition for the new owner. Appointments for viewings are available, allowing prospective buyers to see the venue's potential first-hand.

Investment Opportunities

This property represents an attractive acquisition opportunity for entrepreneurs looking to establish their presence in the food industry. Its accessible location, along with eligibility for zero-rated business rates, further enhances its appeal. The restaurant offers authentic cuisine options, with immediate takeover availability, making it a compelling choice for those seeking a cafe or bistro dining setup.

With numerous nearby amenities and a reputation for quality dining, this BBQ restaurant is poised for continued success and offers an attractive investment opportunity. Don’t miss the chance to secure a thriving business in the heart of Portsmouth.

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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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