Bournemouth Bar & Restaurant with 3 am Licence, Live Music & Prime Location
Bournemouth, Dorset
- Status
FOR SALE
- Date Submitted:
20/06/22
- Advert ID
297295
- Leasehold: £99,950 (Stock at valuation)
- Rent: £40,000
- Turnover: On request
- Net Profit: On request
Key Features
- Incentives May Be Available
- Established Business
- Town Centre location
- Prime Location
- Fully Fitted
- Accounts Available
Business Details
Bar and restaurant in Bournemouth with 3 am licence
Established Bar, Restaurant and late licensed live music venue with excellent reputation, circa 1.5 miles from Bournemouth Town Centre with high density of ABC1 households in vibrant residential and entertainment led suburb with excellent transport links.
Valuable three am licence for 120 pax with spacious open plan bar and restaurant area ( 75 seated ) and outside heated and covered smoking / dining solutions for 30. Recently installed brand new CCTV and Security alarms and Fire Alarms. 5* EHO.
Fully fitted and quippped well - maintained Bar servery with dispense, bar fridges, modern EPOS, two group cappuccino machine, Fully fitted kitchen with walk in fridge, wash up area with dishwasher, ample cooking, serving and storage. Basement stores with chilled beer cellar and ancillary storage. Male and female and Didsabled toilets. Car parking for two staff cars and external bin storage etc.
Currently trading circa 8,000 per week with 70/30 wet / dry split in addition to UberEats, JustEat, Deliveroo and bespoke online ordering and App.
Managed with small team of 2/3 FT and two PT staff.
18 year remaining on assignable lease with decent private Landlord, three months deposit and Rent payable monthly in advance.
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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.
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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.
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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.
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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.
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.
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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.'.
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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.
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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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