Business for Sale: Paddle and Peel Southampton

£40,000
  • Type: Bar and Leisure
  • Availability: For Sale
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  • Floorplan

Property Summary

Are you wanting to leave your old working life behind and start something new?
Are you looking to extend your business into bar and food?

Paddle and Peel is a busy local bar and restaurant serving real ales and pizza with a great reputation and good local connections.

Full Details

The Business for sale
Paddle and Peel is a licensed bar with 30-60 covers situated inside Kemps Quay. Its a busy venue serving local craft ales and wood fired pizzas to a wide range of local people who have found this hidden gem.

Paddle and Peel currently opens 5 days a week from 4pm and welcomes families, discerning drinkers, and fans of good food. Many customers live locally or work at Kemps Quay or visit by boat or canoe! Those visiting by car will find easy parking close by.

It is on the only bar and food offering inside Kemps Quay and opening hours could be extended with the addition of further food offerings including breakfast and coffee to suit any incoming owner.

The bar is free of tie so you can purchase and sell any beers and ales you wish. There is a thriving local craft ale scene in the city and it would be wise for a new owner to continue this connection to local brewers and other micro venues.



Lease
This is a leashold sale meaning that you are not buying the premises. Lease terms at the Quay are flexible and the new owner would sign a new agreement with the Quay.

What you are buying
Sale is of Goodwill including future bookings, and Fixtures and Fittings including all funiture, fully fitted bar and pumps, bar fridges, kitchen fridges and workstations and a wood fired pizza oven if desired.

Legal Costs
Each party is responsible for their own legal costs incurred in this transaction.