FOR SALE
657281
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.
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
Get SolicitorThe data showed regarding this advert 'LARGE ESTABLISHED RESTAURANT FOR SALE – SOUTHAMPTON ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.