Large ready-to-trade venue with late licence and outside seating.
Well-fitted commercial kitchen with extraction and appliances included
This turnkey High Street restaurant in Eastleigh offers a ready-to-trade hospitality business with generous floor area (approx. 2,795 sq ft) and fully fitted fixtures and fittings. The ground-floor layout includes a well-equipped commercial kitchen with extraction, a bar area, spacious dining room and ancillary storage, plus a partially covered outside seating area — all suited to an owner-operator or experienced restaurateur seeking immediate cash flow.
The location benefits from prominent pedestrian visibility on the busy High Street, easy access to public transport and nearby parking, and a transferrable premises licence permitting late-night alcohol sales at weekends. A new 10-year lease is offered with a commencing rent of £24,000 per year and a premium of £80,000 for the leasehold, goodwill and included equipment.
Important considerations: the lease term is only 10 years — lenders may refuse mortgage finance or apply restrictive terms against this lease length. The area records very high crime levels, which could affect insurance costs, staffing and late-night trading. Prospective purchasers should review the full inventory, licence transfer conditions and lease terms, and factor in any mitigation measures for security and lender requirements.
Overall this is a strong turnkey opportunity for an operator comfortable managing location-specific risks. The property’s size, complete fit-out and late licensing hours provide clear upside for experienced buyers who can trade immediately or adapt the concept to local demand.
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