Restaurant/cafe for sale in Alton, England, United Kingdom GU34

Business
Please quote reference B07435

CoGoGo are delighted to welcome to the market Thai Boutique, a highly rated Thai restaurant in Alton, Hampshire.

Thai Boutique has now come to the open market due to our clients desire to move on.

Thai Boutique is a traditional restaurant that specialises in thai cuisine. The business is the number 1 thai cuisine restaurant in Hampshire. The 50 cover restaurant also includes the 5 bed living accommodation above.

The business was first established by our clients in 2018, building up an excellent reputation and repeat customer base. As seen by the online ratings and reviews, the business is extremely popular within the local community.

Key selling points -

• Outstanding reputation


• Low overheads


• 5 Bed living acommodation included


• Huge scope for expansion


• Handover period offered


• Excellent location - high footfall

Scope for growth -

• Offer a delivery service


• Promote business further


• Increase marketing


• Expand the menu


• Increase trading hours

Location
Thai Boutique is located on Normandy Street, in the town centre of Alton, Hampshire.

The business has eye catching signage and receives high levels of footfall and passing trade.

Premises
Ground floor -

• Service area


• Kitchen area


• 50 Covers


• Storage space

First floor -

• 5 Bed living accommodation

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £26,000 per annum.

Hours
The current trading hours are -

Monday to Saturday – 6:00pm – 11:00pm

Sunday - Closed

Staff
We are advised that the business is run and managed by the owner, with the help of 4 part-time members of staff.

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £142,000. Further financials can be made available upon request.