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£160,000

CAFE/RESTAURANT

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Country: UK
City: Portsmouth Hampshire
LOCATION
Situated in the main shopping area of this thriving coastal town, among boutique retailers and professional services, and directly opposite a major supermarket, this daytime café/restaurant has a varied client base and an excellent level of repeat business. There is ample free parking around, and a public car park directly opposite.

PREMISES
The business occupies the ground floor of a 3 storey property and has rear access for deliveries and services. The restaurant provides 50 covers inside as well as two pavement tables. The efficiently laid out kitchen leads off from the service counter and cake display cabinet, and to the rear is a storeroom and ladies and gents toilets.

THE BUSINESS
A licensed daytime restaurant and coffee shop full of character, offering a unique but easy menu of hot and cold dishes with a continental flavour. The interior is light and open with a wealth of original features creating a unique environment in this upmarket location. The business enjoys an excellent reputation and level of repeat business, and has a wide customer base of all age groups.

TRADING HOURS
The business is now open 6 days per week, closing on Mondays except Bank Holidays.
Tuesday to Saturday 8 am to 5 pm
Sunday 9 am to 3 pm
There is obvious scope to return to 7 day trading and to extend the hours.

TENURE
The property is held on lease expiring in 2016 with a rent of only £11,500 p.a. Rent reviews every 3 years (last review 2007)

PRICE
This valuable leasehold, fixtures and fittings, and goodwill are offered for sale at

£160,000 plus s.a.v.
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