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Late Licence Wine Bar/Club in Bournemouth Dorset with Growth Potential for Sale

Bournemouth, Dorset
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Long Established Wine Bar/Club with Valuable Late Licence Photo 1
Long Established Wine Bar/Club with Valuable Late Licence Photo 2
Long Established Wine Bar/Club with Valuable Late Licence Photo 3
Long Established Wine Bar/Club with Valuable Late Licence Photo 4
Long Established Wine Bar/Club with Valuable Late Licence Photo 5
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Long Established Wine Bar/Club with Valuable Late LicenceLong Established Wine Bar/Club with Valuable Late LicenceLong Established Wine Bar/Club with Valuable Late LicenceLong Established Wine Bar/Club with Valuable Late LicenceLong Established Wine Bar/Club with Valuable Late LicenceLong Established Wine Bar/Club with Valuable Late Licence
  • Leasehold: £75,000 (Stock at valuation)
  • or
  • Freehold: £525,000 (Stock at valuation)
  • Rent: £36,000 (£3,000 per month)
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Established Business
  • Accounts Available
  • Fully Fitted
  • Prime Location

Business Details

Long Established Wine Bar Club with Valuable Late Licence

Goadsby Commercial present long established popular wine bar (valuable 3am Friday & Saturday licence). Huge potential to grow and develop the business. Self-contained store rooms/office (former flat). Fully fitted and equipped premises. In current ownership for 20 years.

 

LOCATION

Central Charminster location with passing foot and road traffic. Winton just over 1 mile. Castlepoint Shopping Centre approx. 2 miles. Bournemouth Square approx. 2 miles.

 

SUMMARY OF ACCOMMODATION

Wine Bar. Cloakrooms. Basement Bar. First Floor Office/Store Room/Kitchenette.

 

DESCRIPTION

Through front door into Wine Bar with high tables and chairs for 30, CCTV cameras, built in speakers, ceiling lighting, air conditioning unit, speakers, DJ booth, flat screen television, granite bar servery with stainless steel wash up, 2 chiller beer dumps, fridge, 2 double glass fronted chiller displays, Epos till system, shelving, 2 chiller drink units, flat screen wall mounted television. Door into Security Room/Store with wash hand basin, fridge, tiled floor, part tiled walls, light control panels. Through swing door into Lobby with fire door to rear. Door into Disabled Cloakroom with low level WC, wash hand basin, disabled grab rails. Door into Gents Cloakroom with 3 cubicles each with low level WCs, 3 wash hand basins, 2 soap dispensers, electric hand dryer, urinal trough. 3 Ladies Cloakrooms with low level WCs, wash hand basins, electric hand dryers, soap dispenser. Door into Utility Room with wall mounted gas boiler, glass washer, ice machine. Through door into Lobby with door to rear outside. Stairs from ground floor down into BASEMENT with tiled floor, dance floor, ceiling mounted lighting system, music speakers, DJ booth, air conditioning unit, fire exit door, bar servery with black granite, banquette seating, tables, beer pump (on free loan), double chiller display, double chiller display, Epos till, black granite work top surface, Redbull fridge, stainless steel wash up, shelving, CCTV cameras. Stairs up to FIRST FLOOR (Formerly a Self-Contained Flat) Into Store Room with 2 walk in storage cupboards with shelving, chest freezer. Lobby with cupboard with shelving. Door into Cloakroom with low level WC, wash hand basin. Door into Store Room with shelving. Door into Office with CCTV monitoring equipment. Door into Kitchenette with single drainer single bowl sink unit, wall and base units. Through door into Office. 

 

TRADING & BUSINESS

The owners inform us that they currently operate 3 evenings a week as a bar/nightclub, Thursday, Friday and Saturday’s and accounts can be made available to genuinely interested purchasers.

 

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

FREEHOLD or LEASEHOLD. The owners inform us that a new lease will be made available with terms to be agreed, with 3 yearly rent reviews, at a commencing rent of £36,000 per annum, exclusive. We have not had sight of this lease documentation.
 

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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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