Price:
Leasehold - £99,950
Location:
Dorset, Bournemouth
Business Type:
Food Service Businesses, Pubs
LOCATION
Bournemouth Square approx. 200 yards. Poole approx. 5½ miles. Christchurch approx. 7½ miles.
FEATURES
Central Bournemouth location with passing trade. Refurbished to a high standard in current ownership. Rare Freehouse opportunity. Well suited for owner operator. Established local trade. Would suit various cuisines/concepts including wine bar, brasserie and restaurant.
SUMMARY OF ACCOMMODATION
Restaurant & Bar (52 covers). Kitchen. Lockable Store Room. Cloakrooms.
TRADING & BUSINESS
The premises currently operate as a restaurant and bar. The business trades 6 days a week in the winter and 7 days a week in the summer. The premises are operated by a full time owner, a full time chef, a full time front of house person and the use of up to 2 part time staff as required. We understand that the turnover in the last trading year was approximately £150,000 to December 2009. We have not had sight of accounting information to verify these figures.
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.
Bournemouth Square approx. 200 yards. Poole approx. 5½ miles. Christchurch approx. 7½ miles.
LEASEHOLD. We are informed by the owner that a 20 year lease was granted in 2002 with a break clause in 2012, with 5 yearly rent reviews at a current rent of £32,000 per annum. We have not had sight of this lease documentation.
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