Town Centre Freehouse Bar – Low Overheads

  • Leasehold Price: £34,950
Bournemouth, Dorset, England
Seller Ref:H195427
For Sale

Town Centre Freehouse Bar – Low Overheads

Bournemouth, Dorset, England
Seller Ref:H195427
  • Leasehold Price: £34,950

Overview

Seller Ref: H195427

Description

Goadsby Commercial present town centre Freehouse bar opportunity. Superbly refurbished and updated in current ownership. The business benefits from both local and tourist trade. Offered fully fitted and equipped – ready to trade. Low overheads.

Location
Bournemouth Town Centre fronting busy main road with passing foot and road traffic. Pedestrianised shopping precinct within 550 yards. Bournemouth Square within ½ mile (on foot). Bournemouth Pier just over ½ mile.

Accommodation
Bar (seating for approx. 50 persons). Kitchen. Disabled Cloakroom. Basement. Gents Cloakroom. Ladies Cloakroom. Basement Bar (seating for approx. 40 persons). Walk in Store Room.

Description
Covered Porch with double doors into Bar with part opening doors, seating for approximately 50 persons, mix of seating including high bar stools and upholstered banquette style seating, wall mounted CCTV cameras, wired for wall mounted speakers, ceiling mounted glitter ball, wooden topped bar servery, triple glass fronted chiller, 2 double glass fronted chillers, non slip floor, glass washer, stainless steel wash up, 2 beer dumps, glass mirrored back and shelving, LED lighting. Through into Lobby. Through into Kitchen with non slip floor, 3 phase electricity, shelving, 2 upright freezers, commercial dishwasher, deep bowl stainless steel sink unit, stainless steel worktop surfaces, stainless steel shelving, LED lighting, plastic splashbacks. Door through to Landing with non slip floor, fire door to outside to bin store area. Disabled Cloakroom with non slip floor, low level WC, wash hand basin, grab rails, electric hand dryer, extraction unit. Through door down into BASEMENT Gents Cloakroom with 2 cubicles, low level WCs, 2 wash hand basins, electric hand dryer, 2 urinals, extraction fan. Ladies Cloakroom with non slip floor, 3 wash hand basins, 2 electric hand dryers, 3 cubicles with low level WCs. Bar Area 2 with mix of upholstered banquette seating, mixed tables and chairs for circa 40 persons, wooden topped bar servery, non slip floor, beer dump, stainless steel wash up, double chiller unit, CCTV cameras, wired for wall mounted speakers. Door into Walk in Store Room with chest freezer, shelving.

Trading & Business
The business has been operated by the present owners from August 2020 until October 2023 as a wet led cocktail bar. The owners are based in Brighton and it is proving increasingly difficult for them to operate the business under management from this location, hence it closed in October. These premises offer huge potential for a go ahead independent bar operator, particularly when combined with a food offer. The Premises licence allows for the supply of alcohol from 8.00am to 3.30am Thursday to Saturday inclusive.

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 owners inform us that there are approximately 8 years remaining on the original 10 year lease, at a current rent of £12,000 per annum exclusive, with 5 yearly rent reviews. We have not had sight of this lease documentation.

Leasehold Terms:
LEASEHOLD. The owners inform us that there are approximately 12 years remaining on the original 15 year lease, at a current rent of £12,000 per annum exclusive, with 5 yearly rent reviews. We have not had sight of this lease documentation.
Location Details:
Bournemouth Town Centre fronting busy main road with passing foot and road traffic. Pedestrianised shopping precinct within 550 yards. Bournemouth Square within ½ mile (on foot). Bournemouth Pier just over ½ mile.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry