Highly-Rated, Refurbished Restaurant & Bar in Prime Southampton Location with Growth Potential for Sale
Southampton, Hampshire
- Status
FOR SALE
- Date Submitted:
17/04/24
- Advert ID
609923
- Reference
B07803 / Rightbiz
- Call Agent:
- Leasehold: £160,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Highly Rated Restaurant For Sale
BusinessPlease quote reference B07803
CoGoGo welcomes to the market Prive Bar & Restaurant, a highly rated business opportunity in Southampton, Hampshire.
The business has been under our clients ownership since July 2023, building up an excellent reputation and regular customer base during its short time of trading.
Prive Bar & Restaurant has now come to the market due to our clients desire to spend more time with his young family.
Privé Bar and restaurant is situated in Southampton on the popular Commercial road. Ideal for anyone who wishes to dine, have snacks, coffee, cocktails or the whole experience. They are local to the theatre so bookings are advised.
Their extensive menus feature an amazing variety of amazing fresh dishes using the freshest ingredients. They have everything to suit every taste including vegetarian and vegan options.
The stunning bar area is ideal for anyone who wishes to have a drink, cocktail, wine or coffee. They have a dedicated professional team who will look after you every step of the experience.
Key selling points -
- Great Reputation
- Totally Refurbished
- Prominent Position
- Increase the advertising and marketing
- Introduce a delivery service
- Expand the current website
Location
Prive Bar & Restaurant is located on Commercial Road in Southampton, Hampshire.
Due to its trading position and location, it regularly receives high levels of footfall and passing trade.
Premises
The basement floor is used as the kitchen.
The ground floor is the bar area with 30 covers.
The first floor is the restaurant area, with 40 additional seats.
To the second floor, there are 2 flats which could be rented out.
Tenure
We are advised that this business is being sold on a Leasehold basis, with the current rent at £3,333 per month.
Hours
The current trading hours are -
Monday - Closed
Tuesday to Saturday - 12:00pm - 11:30pm
Sunday - 12:00pm - 9:00pm
Staff
We are advised that the business is run and managed by our client, with the help of a team of staff in place.
Financial Profile
Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.'.
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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.
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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