UNDER OFFER
28/03/24
608961
H198745 / Rightbiz
Goadsby Commercial present prominent restaurant/bistro with 36 covers. Exceptionally well presented premises having been completely refurbished in current ownership. Would suit various cuisines/concepts. External pavement covers with sunny aspect. Parking for 2 owner’s vehicles.
LOCATION
Central Westbourne location. Bournemouth approx. 1 mile. Alum Chine Beach approx. 1 mile. Poole approx. 5 miles.
ACCOMMODATION
Restaurant (36 covers). Kitchen. Cloakroom.
DESCRIPTION
Restaurant with wooden bench style seating and wooden tables and chairs for 36 covers, laminated wooden floor, feature low level ceiling lights, wall mounted air conditioning unit, part wooden panel walls, wooden fronted bar servery, ice dump, marble effect counter top, non slip floor, double chiller display, single chiller display, glass washer, stainless steel wash up, counter chiller unit, shelving, upright fridge, commercial dishwasher, wash hand basin, soap dispenser, paper towel dispenser, chiller counter unit, griddle, 2 deep fat fryers, 4 electric single hob plates, Buffalo double hob, electric blender, microwave. Door to outside rear. Through door from Restaurant into Cloakroom fully tiled, wash hand basin, soap dispenser, electric hand dryer, low level WC. OUTSIDE To the front of the property there are tables and chairs for 8 covers and overhead customer heaters. To the rear of the property there are two car parking spaces.
TRADING & BUSINESS
The business currently operates 6 days a week, lunchtime and evenings (closed Sunday’s). The owners have provided us with accounts which show that in the year ending 31st July 2023 the turnover was £205,236. Further accounts can be made available to genuinely interested purchasers.
TENURE
LEASEHOLD. The owners inform us that the premises are held under an original 10 year lease, subject to a tenant only break clause at the end of the 3rd year of the term, at a current rent of £19,000 per annum, exclusive. We have not had sight of this lease documentation.
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.
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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.
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.
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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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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