Licensed Restaurant in Hampshire For Sale

Terrace property, main road trading position, residential area, Hampshire.

Price £50,000

Features

Licensed Bangladeshi Restaurant

SINGLE FRONTED PREMISES, in the region of 750 ft², Vinyl flooring with a plasterboard ceiling and spot lights.

Tables and chairs for 25 customers.

BAR, card machine, soft drinks fridge, etc.

SEPARATE KITCHEN - Stainless steel extractor, 6 burner hob, grill, double basket deep fat fryer, microwave, heated cabinet, double door fridge, 4 chest deep freezers, double sink and drainer, ice machine, satinless steel preparation table, etc.

Customer cloakroom with toilet and wash hand basin.

Store room.

Staff toilet with wash hand basin.

Turnover

Closed since November 2025 due to ill heath. We are advised, when trading, the sales were £2,500 p.w..

Outside

Yard to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £12,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote