Bars for sale in Bournemouth

View the "Established Bar in Town Centre Location With 2 Self-Contained Flats" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £79,950
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Business Description
FEATURES
Established bar with loyal clientele in current ownership for 5 years. Town Centre Freehouse. Substantially refurbished and improved in current ownership. The business benefits from both local and tourist trade. Scope to increase and develop the business. Includes 2 self-contained flats which are currently let to tenants (3 bedroom flat and 4 bedroom flat which generate in excess of £3,000 income per month).

SUMMARY OF ACCOMMODATION
Bar (seating in excess of 30 persons). Kitchen. Disabled Cloakroom. Basement Bar. Ladies & Gents Cloakrooms. Beer Cellar. 2 Store Rooms. Flat 1 (3 bedrooms). Flat 2 (4 bedrooms).

LOCATION
Bournemouth Town Centre. Lansdowne Crescent College of Further Education within 100 yards. Pedestrianised shopping precinct within 550 yards. Bournemouth Square within ½ mile (on foot). Bournemouth Pier just over ½ mile.

TRADING & BUSINESS
The owner has recently developed a new gin bar concept in the basement of the premises which can also be used for private parties and events. The main bar is a contemporary cocktail offering with boutique beers and premium brand spirits. At weekends the bar promotes live music events and they have guest DJs. The owner informs us that in the last trading year the turnover was approximately £170,000 including VAT. We are currently awaiting accounting information for this 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 15 year lease from July 2015, with 5 yearly rent reviews, with a break at year 5 and a current rent of £29,000 per annum. We have not had sight of this lease documentation.
Tenure: Leasehold

Location Details:
Bournemouth Town Centre. Lansdowne Crescent College of Further Education within 100 yards. Pedestrianised shopping precinct within 550 yards. Bournemouth Square within ½ mile (on foot). Bournemouth Pier just over ½ mile.

Leasehold Term:
LEASEHOLD. The owner informs us that the premises are held under an original 15 year lease from July 2015, with 5 yearly rent reviews, with a break at year 5 and a current rent of £29,000 per annum. We have not had sight of this lease documentation.

Listed by: Goadsby
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H2128
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