Popular Pub and Resturant
Advert ref: #614
Category: Food -> Drinking places
Location: England -> South East -> Hampshire -> Southsea
Category: Food -> Drinking places
Location: England -> South East -> Hampshire -> Southsea
Business for sale
Asking Price:
£149,950
Turnover:
£437,000
Annual profit:
50k to 99k
Audited accounts:
No
Management accounts:
Yes
Business description
Large, busy, successful business run by the current owners for 10 years. Has a reputation for good food. Loyal regular clientele.GENERAL INFORMATION
Property: Leasehold
Lease terms
20 year lease with 9 years remaining. Current rent £49000 per annum.
Living accomodation
Spacious three double bedroom accommodation.
Location
On a main route, quite close to the seafront.
Expansion potential
Good potential to extend services, and introduce new themes.
Reasons for selling
Retirement and emigration.
Advert ref: 1064RA
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