Established Restaurant In Bournemouth For Sale

Business description

LOCATION
Moordown and Winton within 1 mile. Meyrick Park approx. 1½ miles. Bournemouth Square approx. 1¾ miles. Wallisdown University Campus approx. 2½ miles.

FEATURES
Established restaurant. Improved in current ownership. Main road position with passing trade. Large residential population nearby. Fully fitted and equipped throughout. Could suit various cuisines. Considered suitable for couple/partnership.

SUMMARY OF ACCOMMODATION
Restaurant (20 covers). Back Restaurant (13 covers). Ladies & Gents Cloakrooms. Kitchen.

TRADING & BUSINESS
The owners inform us that they operate 6 days a week, from Tuesday until Sunday inclusive, from 6.00pm until late and provide Thai cuisine. We are informed that the business is operated by the two full time owners and additional part time staff as required. The owners have told us that in the year ending February 2008 the turnover was approximately £40,000. We have not had sight of this accounting information.

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.

Property information

Property:

Leasehold

Lease terms:

LEASEHOLD. The owners inform us that the lease expires in 2012 and that the current rent is £7,500 per annum with 3 yearly reviews. We have not had sight of this lease documentation.

Leasehold rent:

£7,500 per annum

Location:

Moordown and Winton within 1 mile. Meyrick Park approx. 1½ miles. Bournemouth Square approx. 1¾ miles. Wallisdown University Campus approx. 2½ miles.

Premises details:

Restaurant (20 covers). Back Restaurant (13 covers). Ladies & Gents Cloakrooms. Kitchen.