81 East St 650 SF of Assignment Available in Southampton SO14 3HQ

Asking Price: £15,000 Approximately 30 covers/seating capacity Held on 10-year lease 3-yearly rent review Rent £270 per week Insurance contribution £50pcm Brokerage Fee: £3,000 Inc. VAT Size approximately 650sqft Important Information Agency & Brokerage Fee Agency & Brokerage Fee: £3,000 Inc. VAT Please note that a commercial brokerage (sourcing) fee of £3,000 including VAT is payable by the incoming tenant upon agreeing to proceed with the transaction and prior to completion. This fee covers the introduction, negotiation, progression of the transaction, liaison with all parties, preparation and coordination of associated paperwork, and agency services relating to the acquisition of the premises. **Why this location?** East Street is positioned in the **heart of Southampton**, surrounded by established residential areas, city-centre businesses, students, shoppers and a diverse local population. The postcode area is particularly interesting for a food operator, with Census data showing a **highly diverse demographic**, including significant Indian, Chinese, African and other communities — an excellent customer base for Indian, Chinese, pizza, kebab, café and other international food concepts. The premises also benefit from **strong pedestrian movement**, making the location well suited to a takeaway, café or food-led business. ### **Major development opportunity on the doorstep** One of the biggest attractions is the regeneration taking place immediately around the former Debenhams site. Southampton City Council has granted planning permission for a major residential-led development comprising **607 new homes**, together with commercial units and improvements to the surrounding public realm. That means potentially **hundreds of additional local residents and customers** being introduced into the surrounding area — creating an exciting long-term opportunity for a well-run food business. ### **Huge potential to increase turnover** The current business is deliberately described as having significant room for improvement. A motivated operator could explore: * **Just Eat, Uber Eats and Deliveroo** * Extending opening hours * Indian, Chinese, pizza, kebab or café concepts * Breakfast and lunchtime trade * Office and student meal deals * Family meal boxes * Local delivery and collection promotions * Alcohol sales, subject to obtaining/renewing the appropriate licence The premises already have **25-seat capacity**, providing the flexibility to operate as more than simply a takeaway. ### **QUICK SALE – FIXTURES & FITTINGS** £15,000 A genuine opportunity for someone looking to take over an established food premises in a **central Southampton location with major residential growth planned nearby**. **Ideal for an experienced takeaway operator, chef, investor or someone looking to launch their own food concept.** **Early viewing is highly recommended. Serious enquiries only.** *Turnover and lease information are based on the vendor's description and should be independently verified by prospective purchasers.*"