Bean Group/ Stratham
Bean Group/ Stratham
Martha McAuliffe, Bean Group/ StrathamPhone: (603) 828-7174
Email: [email protected]
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listing
1 of 40
Listed by: Joe Leddy from Duston Leddy Real Estate, 603-610-8285
CommercialFor Sale
$3,400,000
401 State Street 103
Portsmouth, NH 03801
MLS: New England Real Estate network (NEREN)
Est. Mortgage
$17,650/mo

The Library is a high profile restaurant located within one of Portsmouth’s treasured landmarks, The Rockingham. Known for exceptional food and service, The Library is beloved by locals & popular with tourists. Esquire Magazine rated The Library as one of the “Top 50 Bar/Lounges in America”, it’s received multiple “Award of Excellence” nods from Wine Spectator & many “Best of the Seacoast” awards, including 2022! Just 1 hour north of Boston, Portsmouth, NH is one of the East Coast’s most visited cities. Whether shopping in Market Square, touring historic Strawbery Banke, or enjoying a show at The Music Hall, downtown Portsmouth is one of NH’s premier destinations! Given The Library’s distinguished location, it’s no surprise that several historical figures have eaten or stayed at the Rockingham; including George Washington, Franklin Pierce, Theodore Roosevelt, and John F. Kennedy! The Library has been impeccably maintained and delights patrons with its architectural details. The Library has enjoyed strong revenues over the past several years. 2021 saw a substantial 20% increase YOY! The first half of 2022 is also on track for a robust 12% gain YOY! The owners have made significant upgrades to both the front and back of the house and the talented staff and professional management team are in place to ensure a smooth transfer of ownership. Sale includes business, inventory, FF&E and real estate. Financial information available for qualified buyers with the execution of an NDA.

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Information courtesy of Duston Leddy Real Estate is subject to verification and is not guaranteed.
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