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100-Cover Licensed Restaurant with Outdoor Seating for Sale in Bournemouth, Dorset

Bournemouth, Dorset
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100 Cover Licensed Restaurant & Pavement Covers Photo 1
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100 Cover Licensed Restaurant & Pavement Covers100 Cover Licensed Restaurant & Pavement Covers100 Cover Licensed Restaurant & Pavement Covers100 Cover Licensed Restaurant & Pavement Covers
  • Status

    UNDER OFFER

  • Date Submitted:

    09/04/24

  • Advert ID

    609508

  • Reference

    H200151 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £59,950 (Stock at valuation)
  • Rent: £25,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Established Business
  • Fully Fitted

Business Details

100 Cover Licensed Restaurant & Pavement Covers

Goadsby Commercial present licensed restaurant suitable for up to 100 covers. Hugely popular Southbourne location. Suit various cuisines/concepts. Includes al-fresco dining to the front of restaurant. Backing onto pay & display car park.

LOCATION
Central Southbourne position. Pokesdown Station approximately ½ mile. Southbourne Beach Cliff just over ½ mile (on foot).

ACCOMMODATION
Restaurant (50 covers). Kitchen. Cloakrooms. Basement Restaurant (up to 50 covers).

DESCRIPTION
Through front door into Restaurant with laminated floor, wooden topped tables with metal legs for 50 covers, servery area with 5 double glass fronted chiller display cabinets, work top surface, coffee machine, coffee grinder, meat slicer, chest freezer, Epos till system, wooden counter servery with wine racking, non slip floor, glass washer, double stainless steel single drainer sink unit, ice dispenser, shelving, counter freezer. Through into Kitchen with 2 stainless steel tables, extensive extraction system above, griddle, double deep fat fryer, single deep fat fryer, wash hand basin, shelving, single pizza oven, double pizza oven, triple glass fronted chiller, small fridge, upright fridge. Door to back rear. Through door into Lobby with wash hand basin, electric hand dryer, soap dispenser, 2 cubicles with low level WCs, extractor fans. Stairs from Restaurant down into BASEMENT into Restaurant 2 with wooden floors, walk in storage cupboard, 2 wall mounted air conditioning units, inset LED lighting, mix of wooden tables and chairs suitable for up 50 covers, wooden bar servery, beer pump (on free loan), glass washer, wooden counter tops, stainless steel wash hand basin. Through into Store Area with 4 chest freezers, shelving, CCTV display. OUTSIDE To the front of the property there is an electric canopy, mix of wooden and metal tables and chairs for approximately 34 covers. To the rear of the property there is council “pay and display” parking.

TRADING & BUSINESS
The owner informs us that they currently operate 3 days per week to suit their own requirements and have traded from the premises since 2017. We are told that in the last trading year their turnover was approximately £237,000 excluding VAT. We have not had sight of this accounting information.

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. A new lease will be made available by our client, with terms to be agreed, at a commencing rent of £25,000 per annum, exclusive. We have not had sight of this lease documentation.

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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.

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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.

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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.

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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.'.

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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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Contact seller

THIS BUSINESS IS NOW UNDER OFFER

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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The data showed regarding this advert '100 Cover Licensed Restaurant & Pavement Covers - H200151 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.