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Freehold restaurant and late-night bar with apartments for sale in Bournemouth, Dorset

Bournemouth, Dorset

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    650786

  • Freehold: £1,600,000
  • Turnover: £800,000 (£15,385 per week)
  • Profit: On request

Key Features

  • Multiple bedroom options
  • Potential for increased turnover

Business Details

Freehold Restaurant & Late night bar with apartments

A Unique Hospitality Destination:

We currently are an established hospitality venue offering a distinctive combination of:

  • Contemporary restaurant dining
  • Late-night cocktail lounge experience
  • Entertainment & nightlife venue
  • Premium customer experience
  • Strong local brand identity

Located within Bournemouth, the venue has built a reputation for delivering:

  • High-quality food & beverage offerings
  • Atmospheric interiors and lounge environment
  • Strong evening trade
  • Diverse revenue streams
  • Loyal customer base
  • 800k turnover with potential for 1 mill
  • Currently operating with 8 x Full time 4 casual employees

 

The Venue

Hospitality Space Highlights

Restaurant

  • Stylish dining environment
  • Fully equipped commercial kitchen
  • Established operational setup
  • Suitable for private dining & events
  • 70 covers inside / 20 covers outside terrace.
  • 5 star EHO
  • Takeaway UBEREATS / WEBSITE / DELIVEROO
  • Premises license until 1am
  • Supply of alcohol off sales until 23:00
  • Live Music / performance of Dance
  • Licensed opening hours: Mon – Sat: 09:00 – 01:00 / Sunday: 10.00 – 23:00
  • Ready to trade

Late night Basement Bar

  • Premium late-night cocktail lounge
  • Entertainment-focused venue
  • Distinctive interior branding
  • High-margin beverage operation
  • Potential membership & VIP concept
  • 30 covers seated / 100 standing or 150 standing
  • Sound proofing and complete renovation in 2025
  • Premises license until 02:30
  • Plays / Films / indoor sporting events / live music / performance of dance
  • Licensed opening hours: Mon – Thursday 12:00 – 02:00 / Friday & Saturday 12:00 – 03:00 / Sunday 12:00 - Midnight
  • Ready to trade

Additional Features

  • Turnkey business operation
  • Existing customer awareness
  • Opportunity for brand expansion
  • Significant redevelopment upside
  • Current business potential is not fully met, leaving room for new operator to expand.

 

Freehold Opportunity

£1,600,000 Freehold Acquisition

Included Within Sale

Commercial Elements

  • Restaurant premises
  • Late night bar & lounge
  • Operational hospitality venue
  • Ready for owner operation or to be leased separately

Residential Elements

  • Two 4-bedroom maisonettes
  • Significant redevelopment potential
  • Approved planning permission

Development Opportunity

Approved planning permission to convert the maisonettes into:

6 x 1-Bedroom Apartments

Potential benefits include:

  • Residential rental income
  • Asset value enhancement
  • Mixed-use investment potential
  • Future resale opportunities
  • Long-term capital appreciation
  • Average rent achievable on long let is £1000 per month or £100 per night Air BnB

 

Investment Highlights

Multiple Revenue Streams

  • Food sales
  • Beverage sales
  • Late-night trade
  • Private events
  • Potential membership model
  • Residential development rental income

Strong Market Position

  • Established local identity, operating since 2018
  • Unique venue positioning
  • Lifestyle hospitality concept
  • Growth potential within Bournemouth nightlife sector

Asset Backing

  • Commercial hospitality operation
  • Residential development opportunity
  • Freehold ownership option available

Expansion Potential

  • Premium cocktail lounge positioning
  • Exclusive events
  • VIP experiences
  • Corporate bookings
  • Private hire opportunities

 

Development Potential

Residential Conversion Opportunity

The included maisonettes present a significant value-add opportunity.

Approved Planning Permission

  • Conversion from 2 maisonettes
  • Into 6 self-contained 1-bedroom flats

Potential Advantages

  • Additional passive income stream
  • Increased overall property value
  • Enhanced investment yield
  • Strong demand for smaller residential units

Investor Appeal

  • Hospitality property hybrid investment
  • Diversified income profile
  • Long-term appreciation opportunity

 

Bournemouth Location

Prime Coastal Hospitality Market

Bournemouth benefits from:

  • Strong tourism economy
  • Large student population
  • Vibrant nightlife market
  • Year-round hospitality demand
  • Growing residential development sector

Ideal Customer Demographics

  • Young professionals
  • Students
  • Tourists
  • Local residents
  • Corporate clientele

 

Freehold Acquisition

£1,600,000

Ideal for investors seeking:

  • Long-term asset ownership
  • Development upside
  • Mixed-use investment returns
  • Hospitality and residential diversification

 

Ideal Buyer Profile

Suitable For

Hospitality Operators

  • Restaurant groups
  • Cocktail bar operators
  • Boutique nightlife brands
  • Event-led hospitality businesses

Property Investors

  • Mixed-use developers
  • Commercial landlords
  • Residential conversion specialists
  • Yield-focused investors

Lifestyle Investors

  • Hands-on owner operators
  • Brand expansion groups
  • Experiential hospitality concepts

 

Next Steps

Further Information Available Upon Request

Interested parties can request:

  • Financial performance information
  • Lease details
  • Planning documentation
  • Property information
  • Viewing appointments
  • Business operational overview

 

 

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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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