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Large restaurant for sale in Southampton with dual kitchens, bar, and terrace.

Southampton, HampshireEst. 5 years
1 of 1
LARGE ESTABLISHED RESTAURANT FOR SALE – SOUTHAMPTON Photo 1
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LARGE ESTABLISHED RESTAURANT FOR SALE – SOUTHAMPTONLARGE ESTABLISHED RESTAURANT FOR SALE – SOUTHAMPTONLARGE ESTABLISHED RESTAURANT FOR SALE – SOUTHAMPTONLARGE ESTABLISHED RESTAURANT FOR SALE – SOUTHAMPTON
  • Status

    FOR SALE

  • Advert ID

    657281

  • Leasehold: £450,000
  • Rent: £39,000 (£3,250 per month)
  • Turnover: £884,000 (£17,000 per week)
  • Profit: On request

Key Features

  • Diverse seating options available
  • Essential bar fixtures included
  • Established customer loyalty
  • Established dining establishment for sale

Business Details

LARGE ESTABLISHED RESTAURANT FOR SALE – SOUTHAMPTON

LARGE ESTABLISHED RESTAURANT FOR SALE – SOUTHAMPTON

Asking Price: £450,000

An excellent opportunity to acquire a large, fully equipped and established restaurant business in Southampton, currently trading with a strong weekly turnover.

The premises offer substantial internal and external space, approximately 120-cover capacity, extensive commercial kitchen facilities, multiple cold rooms, additional rooms and a covered terrace.

KEY BUSINESS INFORMATION

• Weekly turnover: approximately £17,000–£18,000

• Approximately 120 covers

• Annual rent: approximately £39,000

• Business rates: approximately £5,500 per year

• Approximately 4 years remaining on the current lease

• Premises licence permitting alcohol sales

• Three rooms above the restaurant included within the lease

• Established and currently trading business

EXTENSIVE KITCHEN & STORAGE FACILITIES

The restaurant benefits from an unusually spacious and well-equipped back-of-house operation, including:

• Two separate kitchens – one large main commercial kitchen and one smaller kitchen

• Three separate cold rooms:

– Dedicated meat cold room

– Dedicated vegetable cold room

– Dedicated freezer room

• Very spacious main kitchen and food preparation areas

• Excellent storage and operational space for a high-volume restaurant

CUSTOMER & DINING FACILITIES

• Large main restaurant with approximately 120-person capacity

• Bar area positioned at the front of the restaurant

• Three toilets

• Dedicated prayer room (Mescid)

• Attractive outside terrace with a glass-enclosed pergola system

• Pergola terrace provides additional seating for approximately 20–22 customers

The covered terrace provides valuable additional dining space and can be used in a wider range of weather conditions.

ADDITIONAL OFFICE / PRIVATE AREA

To the rear of the premises there is a separate office/private area with its own:

• Toilet

• Shower/bathroom facilities

• Small private kitchen

This provides useful additional facilities for management and day-to-day restaurant operations.

ADDITIONAL REVENUE POTENTIAL

The premises hold a licence permitting alcohol sales. The current owner does not sell alcohol due to personal religious beliefs.

For a new operator who chooses to offer alcoholic beverages, the existing licence and front bar area could represent a significant additional revenue opportunity.

With approximately £17,000–£18,000 weekly turnover, substantial seating capacity, two kitchens, three cold rooms, covered terrace, bar area, three additional rooms and extensive operational facilities, this represents a rare opportunity to acquire a sizeable established restaurant operation.

Location: Southampton, SO15 area

Asking Price: £450,000

Reasonable offers may be considered from serious and financially qualified buyers.

Further financial information and viewing arrangements are available to genuinely interested parties.

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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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