Bistros for sale in Bournemouth

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S Martin (Feb 2013)
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Leasehold Price: £29,950 Price Reduced
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Business Description
LOCATION
Located in busy shopping parade adjacent to Westbourne Bingo Hall. Bournemouth West Cliff approx. 1 mile. Branksome Station approx. 1 mile. Bournemouth Square approx. 1¼ miles. Poole Town Centre approx. 4 miles.

FEATURES
Highly desirable Westbourne position. Busy main road frontage. Refurbished and updated in current ownership. Loyal established local trade. Fully fitted and equipped throughout. Currently operating daytime hours only (evening opening could significantly develop the business). Parking for 2 owners vehicles. Genuine retirement sale.

SUMMARY OF ACCOMMODATION
Café Bistro (28 covers). Ladies & Gents Cloakrooms. Kitchen. Walk in Store Room. External Lock Up Store.

TRADING & BUSINESS
The owners inform us that they currently trade 7 days a week from 9am until 3pm, as a café/bistro. The husband and wife team currently operate the business with 2 further members of staff who each work approximately 25 hours per week. The owners feel confident that a younger more energetic purchaser could expand the business and operate evenings (if they so wish). The turnover in the last trading year was approximately £90,000 with a net profit of approximately £19,000. Further accounting information can be made available to genuinely interested purchasers.

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

Location Details:

Located in busy shopping parade adjacent to Westbourne Bingo Hall. Bournemouth West Cliff approx. 1 mile. Branksome Station approx. 1 mile. Bournemouth Square approx. 1¼ miles. Poole Town Centre approx. 4 miles.

Leasehold Term:

LEASEHOLD. The owners inform us that there is less than one year remaining on the current lease at a rent of £15,000 per annum. We are also told that the landlord is prepared to grant a new longer lease to a suitable tenant. Further lease documentation can be made available to genuinely interested purchasers.

Listed by: Goadsby
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H3161
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