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Thriving Licensed Indian Restaurant with Maisonette in Southampton Hampshire Up for Sale

Southampton, Hampshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    29/03/23

  • Advert ID

    89854

  • Leasehold: £225,000 (Stock at valuation)
  • Rent: £17,500
  • Turnover: £500,000 (£9,615 Per week)
  • Net Profit: On request

Key Features

  • Established Business
  • Fully Fitted
  • Close to Local Amenities
  • Attractive Business
  • Town Centre location
  • Prime Location
  • With Car Park

Business Details

SUCCESSFUL LICENSED INDIAN RESTAURANT FOR SALE ON THE OUTSKIRTS OF SOUTHAMPTON HAMPSHIRE

LOCATION: This Licensed Indian Restaurant occupies a sought after position, being situated amidst a thriving residential shopping thoroughfare on the outskirts of Southampton. The business there for located close to many well-known retailers and benefits at lunchtime from the continual flow of passing shoppers. Besides, The Restaurant fronts a busy main road, having the advantage of being situated within a short walk of the large shopper's car park

THE LIVING ACCOMMODATION: The MAISONETTE above the Restaurant is approached via a separate front entrance door, from where the stairs lead up to the FIRST FLOOR, which comprised: a SHOWER ROOM with a shower cubicle, toilet and wash hand basin, a DOUBLE BEDROOM and a large from LOUNGE. On the SECOND FLOOR, there is a DORMER DOUBLE BEDROOM with a useful under-eaves storage cupboard.

HOURS OF OPENING: Lunchtime the restaurant opens at 12.00 noon and closes at 2.00 pm, re-opening in the evening from 5.00 pm until 11.00 pm 7days a week.

PRICE; Qte for the lease, goodwill, trade fixtures, fittings and furnishings pound 2,25,000/- plus stock at valuation.

NOTE: Unless otherwise stated, all prices and rents are quoted as exclusive of VAT. Any intending purchasers or lessees must satisfy themselves regarding the incidence of VAT IN RESPECT OF ANY TRANSACTION.

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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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