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Two Tearooms for Sale in Cosham and Portchester, Seating for 25 and 22 Guests

Cosham, Hampshire, ID 212577

Two Tearooms for Sale in Cosham and Portchester, Seating for 25 and 22 Guests 1
Two Tearooms for Sale in Cosham and Portchester, Seating for 25 and 22 Guests 1
Asking price:
GBP£150 000
Turnover (per year): £107 400 gbp
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Description

• Prime location near town centres.The business operates across two locations: Cosham and Portchester. The Cosham site accommodates approximately 25 guests, while the Portchester site accommodates approximately 22 guests.Both venues are licensed bistro bars, providing a relaxed environment for social gatherings, family meals, and drinks. The interiors are styled in a traditional English tearoom theme, creating a charming and welcoming atmosphere for customers.In addition to regular service, both tearooms are suitable for hosting private events, including family gatherings, birthday parties, and special occasions, further enhancing their commercial appeal.Financial information indicates a turnover of approximately £1,700 per week at Cosham and £1,200 per week at Portchester. Both businesses operate from leasehold premises. Rent is £9,000 per annum for Cosham and £7,200 per annum for Portchester. There is an opportunity to negotiate new leases for both sites.Further information is available to serious buyers upon request.

Details

Real Estate: Lease
Asking price: 150 000 gbp
Turnover (per year): 107 400 gbp

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