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Established Bistro Bar With Premises Licence In Bournemouth For Sale

Bournemouth, Dorset, UK
Asking Price:
£85,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Features
Goadsby Commercial present established bistro bar with loyal clientele. Attractively presented premises which could suit various cuisines/concepts. Would suit owner operator/partnership. Valuable 24 hour premises licence. Large outside decking area for 22+ al-fresco covers.

Location
Main road location with passing foot and round traffic. Castlepoint Shopping Centre approx. 2 miles, Bournemouth Town Centre approx. 2 miles. Christchurch approx. 5 miles.

Summary of accommodation
Main Restaurant (26 covers). Restaurant Two (14 covers). Cloakrooms. Kitchen. Outside decking (22+ covers).

Description
Main Restaurant with wooden laminated floor, part sliding front windows, 26 covers, CCTV cameras, wall mounted speakers, bar servery, beer pumps (on free loan), coffee machine, coffee grinder, 2 double chiller fridges, till, stainless steel sink. Through into Restaurant Two with 14 covers and hallway with wash hand basin, electric hand dryer and ladies and gents cloakrooms. The kitchen includes a 6 burner gas range with oven under, double deep fat fryer, eye level gas grill, stainless steel extraction, 2 microwaves, assorted stainless steel tables, double deep bowl stainless steel sink unit and 3 counter fridges. To the side of the property there is access to a bin store area and there is a store room with chest freezer, 2 upright freezers and a walk in fridge with access into rear garden. The rear garden is decked with wooden trellis over, with a range of rattan style seating, sofas and chairs suitable for 22+ covers.

Trading & business
The bistro is closed on Monday’s and trades Tuesday to Friday from 10.00AM until late and Saturday and Sunday’s from 9.00AM until late. The owners have provided us with accounts for the year ending 31st March 2018 which show a turnover of £102,377. Further accounts can be made available following a viewing of the business.

Licences/permissions
We are informed that the property holds a Premises Licence granted by Bournemouth Borough Council. 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.

Tenure
Leasehold. The owner informs us that the premises are held under an original 12 year lease with approximately 5 years remaining at a current rent of £10,880 per annum. We have not had sight of this lease documentation.

Price
£99,950 plus stock at valuation to include goodwill, furnishings, fittings and equipment as per inventory to be prepared.

Property Information

Property:

Leasehold

Lease Terms:

Leasehold. The owner informs us that the premises are held under an original 12 year lease with approximately 5 years remaining at a current rent of £10,880 per annum. We have not had sight of this lease documentation.

Leasehold Rent:

£10,880 per annum

Location:

Main road location with passing foot and round traffic. Castlepoint Shopping Centre approx. 2 miles, Bournemouth Town Centre approx. 2 miles. Christchurch approx. 5 miles.

Premises Details:

Main Restaurant (26 covers). Restaurant Two (14 covers). Cloakrooms. Kitchen. Outside decking (22+ covers).

Energy Performance Rating:
E

Contact Information

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