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Cafe And Bar In Bournemouth For Sale

Bournemouth, Dorset, UK
Asking Price:
£11,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Features
Goadsby Commercial present prominent Town Centre café bar. Completely refurbished and equipped in current ownership. Growing customer base enjoying events such as comedy nights, live music, open mic and parties. Huge potential to develop the business further. Extensive basement storage/food preparation area.

Summary of accommodation
Coffee Shop/Bar (50 covers). Basement with Store Room, Office, Further Store Room, Staff Cloakroom and Customer Cloakrooms.

Location
Prime central Bournemouth location. The Triangle area is a vibrant hub for dining, the arts, culture and nightlife. Bournemouth Pedestrianised Shopping Area within 250 yards.

Description
Coffee Shop/Bar (50 covers) with laminated wooden flooring, mix of leather style chairs and sofas, 5 coffee tables, high bar stools, wall mounted speakers, inset ceiling air conditioning unit, laminated bar servery top and laminated front, 2 stainless steel wash ups, Epos till system, coffee machine (on rental agreement), double glass fronted chiller display (on free loan), coffee grinder, fridge, Coca Cola drinks cooler (on free loan), servery counter, counter freezer, glasswasher, single drainer deep bowl stainless steel sink unit, 2 juicers, 2 CCTV cameras. Stairs down to Basement with Lobby with double doors into Store Room. Office. Store with stainless steel table, deep bowl stainless steel sink unit, stainless steel wash up, ice machine, upright fridge, chest freezer, fridge freezer, shelving, wine rack. Staff Cloakroom. Gents Cloakroom with 2 urinals, wash hand basin, cubicle, low level WC. Lock up cupboard. Ladies Cloakroom with 2 cubicles, low level WC, wash hand basin. Door into Store Area. Door to small rear courtyard with bin store area.

Trading & business
The owner informs us that he currently operates from 9.00am until 10.00pm Monday to Thursday inclusive and Sunday’s and on Friday’s and Saturday’s they are open from 9.00AM until 1.00AM. The business is operated by a full time owner, full time bartender and a part time member of staff as required. The business has a website, facebook page, Instagram account and a good google rating of mostly 5 star reviews. The owner informs us that the business is currently averaging a turnover of £1,500 per week.

Licences/permissions
We are informed that the property holds a Premises Licence granted by BCP Council (Bournemouth) licensed till 1am to serve alcohol, play music, show movies and serve snacks. The Licensing Act 2003 states that properties serving alcohol have a designated premises supervisor who must hold a Personal Licence. We suggest that all purchasers take appropriate professional advice. We have not had sight of this licensing documentation.

Rateable value
£16,750 at the Uniform Business Rate of 49.1P in the £ for 2019/20. Information taken from the Valuation Office Agency website. The owner informs us that there is currently a discount on the business rates until 31st March 2021 and the payable business rates are £5,482 per annum.

Tenure
leasehold. The premises are held under an original 15 year lease, with approximately 10 years remaining, at a current rent of £20,000 per annum. We have not had sight of this lease documentation.

Property Information

Property:

Leasehold

Lease Terms:

Leasehold. The premises are held under an original 15 year lease, with approximately 10 years remaining, at a current rent of £20,000 per annum. We have not had sight of this lease documentation.

Leasehold Rent:

£20,000 per annum

Location:

Prime central Bournemouth location. The Triangle area is a vibrant hub for dining, the arts, culture and night life. Bournemouth Pedestrianised Shopping Area within 250 yards.

Premises Details:

Coffee Shop/Bar (50 covers). Basement with Store Room, Office, Further Store Room, Staff Cloakroom and Customer Cloakrooms.

Energy Performance Rating:
D

Contact Information

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