FOR SALE
10/11/23
602438
H195427 / Rightbiz
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.
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.
Do not 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 amount 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
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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