Prime Location Eco-Friendly Restaurant/Bar for Sale in Southbourne, Bournemouth Dorset
Bournemouth, Dorset
- Status
UNDER OFFER
- Date Submitted:
26/01/24
- Advert ID
605666
- Reference
H194937 / Rightbiz
- Call Agent:
- Leasehold: £79,950 (Stock at valuation)
- Rent: £19,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Price Reduced
- Fully Fitted
Business Details
Purpose Built Restaurant Bar Popular Southbourne
Goadsby Commercial present purpose built zero waster eco restaurant/bar. Superb high street location in desirable Southbourne. Fully fitted and equipped premises. Would suit various concepts/cuisines. Owners by the current operator since 2017.
LOCATION
Premium position on main Southbourne High Street. Seafront approximately ½ mile. Pokesdown Station within ¾ mile. Christchurch approximately 3 miles. Bournemouth approximately 3½ miles.
SUMMARY OF ACCOMMODATION
Restaurant/Bar (40 covers). Open Kitchen. 3 Cloakrooms. Store Room. Cellar.
DESCRIPTION
Recessed Porch into Restaurant/Bar suitable for approximately 40 covers, purpose built zero waste table tops with metal legs, fixed upholstered high bar stools, upholstered seating, high tables, eco fronted bar and servery, price menu display boards, air conditioning unit, upright chiller fridge, modern industrial style spot lighting, glass fronted chiller display, non slip floor, extensive shelving, wine fridge, 2 cupboard chiller counter unit, 2 chiller fridges, beer dump. Through sliding door into Lobby with Cloakroom with wash hand basin, low level WC, baby changing. Cloakroom with low level WC, wash hand basin. Cloakroom with low level WC, wash hand basin. Open Kitchen with stainless steel wash up, 2 commercial glass washers, stainless steel wash up, chiller counter unit, assorted stainless steel tables, 6 cupboard Foster chiller counter unit, double Bain Marie, hot cupboard, 2 Buffalo electric grills, pizza maker, part stainless steel splashbacks, double deep bowl sink unit, counter fridge, counter freezer, stainless steel wash hand basin, deep bowl stainless steel sink unit, mixer, insectocutor, emergency fire escape. Door into Store Room with shelving, music system, CCTV system. Door into Walk in Chiller. From Restaurant/Bar with door and stairs down to Cellar with Store Room.
TRADING & BUSINESS
The owner informs us that the “eco-aware” restaurant was operated under management and traded 4 days a week from Wednesday to Saturday inclusive to suit the owners situation. We are informed the turnover was currently averaging £4,000 per week and of course this could be improved by increasing the operating days and hours. The business itself ceased trading in February 2024. We have not had sight of accounting information for this business.
LICENCES/PERMISSIONS
We are informed that the property holds a Premises Licence granted by BCP Council (Bournemouth). 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 10 year lease ending on 9th November 2027, at a current rent of £19,000 per annum. The lease can be made available to genuinely interested purchasers.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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