Business for Sale in SOUTHAMPTON, Hampshire FREEHOLD LICENSED CAFÉ/COFFEE SHOP, 3 BEDROOM MAISONETTE, & 2 BEDROOM APARTMENT OFFERING INVESTMENT PROPERTY AND DEVELOPMENT OPPORTUNITY

Key Information

Reference

TR36617P

Tenure

Freehold

Status

For Sale

Region

Hampshire

Sector

Catering Premises

Annual Sales

£136,637.00 Exc. VAT

Accommodation

Yes

Business Information

Freehold LICENSED CAFÉ/COFFEE SHOP, together with 3 BEDROOM MAISONETTE, 2 BEDROOM APARTMENT, and CAR PARK offering PROPERTY INVESTMENT/DEVELOPMENT opportunity. Situated within the popular SOUTHAMPTON suburb, of WOOLSTON, a busy secondary shopping area, fronts the main shopping thoroughfare, surrounded by other popular businesses, benefits from easy access, free restricted stay on street car parking immediately in front, shopper’s car park to rear, close residential areas, short walk railway station and waterfront.

A very deceptive substantial and versatile property occupying large valuable site, extending over 4 levels, the subject of recent investment. All aspects self-contained, comprising lower ground floor 2 bedroom apartment, ground floor approx. 40 cover café with additional front 14 cover alfresco dining area, provided character dining area, comprehensively equipped commercial kitchen, customer and staff cloakrooms, abundance of storage, useful rear access, and considered suitable for all types of cuisine. Additional spacious maisonette extending over floors 1 & 2, offering kitchen/breakfast room, sitting/dining room, 3 double bedrooms, shower room, and cloakroom. Private car park to rear offering ample car parking or suit development in line with surrounding properties.

Well known business, suit owner operation or could be let providing rental income, established 15 years, serves easily prepared menu of breakfasts and lunches, trades low hours, daytimes only, enjoying strong following with regular repeat trade. Sales 2024 £136,637 ex Vat, Gross Profit £97,435 (71%), considerable scope to increase through additional opening hours/evening trade, menu lines, and takeaway, taking advantage of alcohol licence, being licensed 10am – 10pm 7 days a week. Additional rental income from maisonette and apartment or suit owner occupation.

Freehold £650,000 sav Ref: TR/INV/DEV36617P