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Refurbished Freehouse Bar In Bournemouth For Sale

Bournemouth, Dorset, UK
Asking Price:
£22,500 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Goadsby Commercial presents the town centre freehouse bar opportunity. Superbly refurbished and updated in current ownership.

The business benefits from both the local and tourist trades. Offered fully fitted and equipped, ready to trade. Low overheads.

Location
Bournemouth Town Centre fronts a busy main road with passing foot and road traffic. Pedestrianized shopping precinct within 550 yards. Bournemouth Square is within ½ mile (on foot). Bournemouth Pier is just over ½ mile.

Accommodation
Bar (seating for approx. 50 persons). Kitchen. Disabled Cloakroom. Basement. Gents Cloakroom. Ladies Cloakroom. Basement Bar (seating for approx. 40 persons). Walk-in Store Room.

Description:
Covered Porch with double doors into Bar with part opening doors, seating for approximately 50 persons, mix of seating including high bar stools and upholstered banquette style seating, wall mounted CCTV cameras, wired for wall mounted speakers, ceiling mounted glitter ball, wooden topped bar servery, triple glass fronted chiller, 2 double glass fronted chillers, non-slip floor, glass washer, stainless steel wash up, 2 beer dumps, glass mirrored back and shelving, LED lighting. Through the lobby. Through the kitchen, there is a non-slip floor, 3-phase electricity, shelving, 2 upright freezers, a commercial dishwasher, a deep-bowl stainless steel sink unit, stainless steel worktop surfaces, stainless steel shelving, LED lighting, and a plastic splashback. Door through to landing with non-slip floor, fire door to outside to bin storage area. Disabled toilet with non-slip floor, low-level WC, wash hand basin, grab rails, electric hand dryer, and extraction unit. Through the door, down into the BASEMENT Gents Cloakroom with 2 cubicles, low-level WCs, 2 wash hand basins, an electric hand dryer, 2 urinals, and an extraction fan. Ladies Cloakroom with non-slip floor, 3 wash hand basins, 2 electric hand dryers, and 3 cubicles with low-level WCs.
Bar Area 2 with a mix of upholstered banquette seating, mixed tables and chairs for circa 40 persons, wooden-topped bar servery, non-slip floor, beer dump, stainless steel wash-up, double chiller unit, CCTV cameras, and wired for wall-mounted speakers. Door into the walk-in storeroom with a chest freezer and shelving.

Trading & Business
The business has been operated by the present owners from August 2020 until October 2023 as a wet-led cocktail bar. The owners are based in Brighton and it is proving increasingly difficult for them to operate the business under management from this location; hence, it closed in October. These premises offer huge potential for a go-ahead independent bar operator, particularly when combined with a food offer. The Premises licence allows for the supply of alcohol from 8 to 3.30 Thursday to Saturday, inclusive.

Licences/Permissions
We are informed that the property holds a Premises license granted by Bournemouth Borough Council. The Licensing Act 2003 states that properties serving alcohol have a designated premises supervisor who must hold a Personal license. We suggest that all purchasers take appropriate professional advice. We have not had sight of this licensing documentation.

Tenure
LEASEHOLD. The owners inform us that the premises are being offered with a new 10-year lease with 5-year reviews at a commencing rent of £18,000 per annum, exclusive. The new lease will be excluded from the Landlord & Tenant Act 1954. We have not had sight of this lease documentation.

Property Information

Property:

Leasehold

Lease Terms:

LEASEHOLD. The owners inform us that the premises are being offered with a new 10 year lease, with 5 year reviews, at a commencing rent of £18,000 per annum, exclusive. The new lease will be excluded from the Landlord & Tenant Act 1954. We have not had sight of this lease documentation.

Leasehold Rent:

£12,000 per annum

Location:

Bournemouth Town Centre fronting busy main road with passing foot and road traffic. Pedestrianised shopping precinct within 550 yards. Bournemouth Square within ½ mile (on foot). Bournemouth Pier just over ½ mile.

Premises Details:

Bar (seating for approx. 50 persons). Kitchen. Disabled Cloakroom. Basement. Gents Cloakroom. Ladies Cloakroom. Basement Bar (seating for approx. 40 persons). Walk in Store Room.

Energy Performance Rating:
B