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Restaurant for Sale

Bournemouth, Dorset

Leasehold : 90,000

Lansdowne 5 secs (on foot).. Bournemouth Square 43secs (on foot). Christchurch approx. 4.5 miles 12 mins (by car). Poole approx. 5 miles 15 mins (by car).Good volumes of traffic and pedestrians, a commercially thriving area.

Established, profitable, town centre restaurant has been trading successfully for the past seven years. Prominent town centre trading location with passing trade. Well-appointed restaurant, Well located for both lunchtime and evening trade. With Great potential with many established local customers, High levels of tourist and local trade, Good volumes of traffic and pedestrians, a commercially thriving area.
There are twenty years remaining on the current lease.
This well located Italian Restaurant is offered in very good order throughout. A3 licence, Full Alcohol, Live/Recorded Music licence up to 2.00am.
Open seven days a week. There is a bar area, a seating area for 75 covers, good size fully fitted out kitchen preparation area and his and hers washrooms.
The annual rent is 20,000 p.a. paid quarterly.
The rates are approximately 4,000 p.a.
The current owners have opening times of 11.30am - 2.00pm and 5pm - 11pm. The income from the restaurant is available on request.

The restaurant is well located in the heart of Bournemouth town centre and has good passing trade and regular customers. This is a great opportunity for a purchaser wanting a well-established quality restaurant in a prime location.

Lansdowne 5 secs (on foot).. Bournemouth Square 43secs (on foot). Christchurch approx. 4.5 miles 12 mins (by car). Poole approx. 5 miles 15 mins (by car).

Leasehold Lease terms: There are 20 years remaining on the current lease
Leasehold rent: 20,000 per annum

Medical Problem prevents owner from continuing to own and operate the business. Trading hours:

Opening times of
11.30am - 2.00pm and 5pm - 11pm Mon-Fri
5pm - 11pm Sat-Sun
(hours can be extended; from 9am - 11pm)Employees:6
Years established:1998

Furniture / Fixtures value:10,000 (included in the asking price)Inventory / Stock value:2,000 (included in the asking price)


Trading Hours: The current owners have opening times of 11.30am - 2.00pm and 5pm - 11pm.
 
Staffing: 6 employees
 
Tenure: Leasehold Lease terms: There are 20 years remaining on the current lease
Leasehold rent: 20,000 per annum
 
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381 Advert ID 34904

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