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Listing ID: 3112304

Freehouse Bar/Restaurant - Bournemouth For Sale

Bournemouth, Dorset, England

£ 45,000

(Furniture / Fixtures included)

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

FEATURES
Superb town centre location (opposite pizza express) with passing trade. Valuable Freehouse opportunity with 2.30am licence (Friday’s and Saturday’s). Completely refurbished to a high standard in current ownership – ready to trade immediately. Ideal venue for owner operator with food concept. Huge opportunity to increase turnover and profitability.

SUMMARY OF ACCOMMODATION
Bar/Restaurant (50 covers). Kitchen. Cloakrooms. Office. Beer Cellar.

LOCATION
Prominent Town Centre position. Bournemouth Square approx. 200 yards. Poole approx. 5½ miles.

TRADING & BUSINESS
The owner informs us that the business (which has a five star food hygiene inspection rating) currently operates lunchtimes on Friday, Saturday and Sunday’s and Tuesday to Sunday evening inclusive. The premises have a very advantageous licence which is not being fully utilised. Monday to Thursday alcohol can be served till 2am and Friday to Saturday until 2.30am. We have been informed that the turnover is currently averaging £5,000-£6,000 per week. At present the business is wet led with a split of approx. 80/20. However, a good catering operator could substantially increase the food income and with 50 covers and standing room for up to 150 persons the business could be easily expanded in the right hands. We have not had sight of accounting information to verify these figures.

LICENCES/PERMISSIONS
We are informed that the property holds a Premises Licence granted by BCP Council (Bournemouth).

TENURE
LEASEHOLD. The owner informs us that the premises are currently let on a 6 year rolling lease at a rent of £35,000 per annum. We have not had sight of this lease documentation.

Property Details

Property Type:

Lease

Other Details

Business Location:

Prominent Town Centre position. Bournemouth Square approx. 200 yards. Poole approx. 5½ miles.

Premise Details:

Bar/Restaurant (50 covers). Kitchen. Cloakrooms. Office. Beer Cellar.

Contact this seller

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