Popular Surf and Turf Restaurant in Hampshire

Lyndhurst, Hampshire
REF: R07555

Asking Price:
£124,990
Annual Turnover:
£224,000
Annual Net Profit:
TBC
REF: R07555

Overview

Tenure:
Leasehold
Established:
2018
  • Excellent reputation
  • Loyal customer base
  • Spacious premises
  • Well-equipped, recently refurbished premises
  • Friendly, experienced team

Now available to the market is this surf and turf restaurant in Hampshire.

 

Since 2018, the business has been serving high quality surf and turf cuisine, using fresh ingredients and prepared with the upmost care and attention. As a result of its friendly, welcoming service and comfortable, relaxing premises, the restaurant has gained a loyal base of customers and superb reputation.

 

Any interested party is presented with a turnkey business which possesses firm foundations for future growth.

The restaurant operates from a premises on the main street, right next to the town’s central traffic lights, close to Pay and Display parking. The main door opens onto the spacious seating area, with space for up to 75 covers and boasting excellent decor. Further on is an impressive, fully-stocked bar, as well as recently refurbished toilets and steps leading to comfortable booth seating. A door leads to a sizeable, well-equipped kitchen, whilst a staff room, office, staff lockers and storage sits to the rear. Externally, there is a loading and deliveries bay, as well as parking for 2 cars.

 

The sale includes all equipment, fixtures and fittings, as well as its professional, informative website, Facebook and Trip Advisor accounts.

An experienced restaurateur or someone looking to enter the industry would make a perfect new owner for this lucrative venture and could develop the business in various ways.

 

At present, there is unutilised space in the restaurant, which a new owner could make use of by expanding the seating area. Increasing its online presence to include other social media platforms would be a great way to reach out to potential new customers. The business has already earned a turnover of over £180,000 and is predicted to finish the second year with over £270,000.

 

The existing owners would be happy to stay on for an initial transitional period to hand the business over smoothly to the new proprietor.

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  • Nearby car parking
  • City centre location
  • Spacious, recently refurbished premises
  • Friendly, professional team
  • Loyal customer base
Rent
£27,000
Rates
£560
Lease Term
6
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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