Penn Hill Avenue, Poole, Dorset, BH14

LOCATION

The Business occupies a sought after location in this established local shopping parade, serving the affluent immediate vicinity of Penn Hill, Branksome Park, Canford Cliffs and Lower Parkstone.

Penn Hill is on a main bus route, enjoys on street parking in adjoining roads and has a number of other established, good quality restaurants, bars and cafes.

ACCOMMODATION

Ground Floor

Main Bar / Cafe

Internal width - 16' 2"

Depth 27' 6"

Net Floor Area 447 sq ft

Currently set out for a comfortable 34 covers, serve over bar, fully equipped to include Conti Coffee machine, dishwasher, ice machine, under counter refrigeration beer pump / chiller.

Kitchen

86 sq ft with full extraction system, stainless steel worktops, ample refrigeration, griddle deep fat fryer, turbo fan over, double hob and 3 sink units.

Wine Store

44 sq ft with wine coolers.

Cloakroom / WC

Store

127 sq ft with additional refrigeration and freezer

Outside

Forecourt seating (south facing) for additional 16 covers.

One car space to rear

LEASE

The premises are currently held on a 6 year full repairing and insuring lease from 25th June 2022 at a current rent of £13,750 per annum exclusive, rising to £14,250 pax from 25th June 2026.

The landlord will grant a further 6 year extension to this lease on expiration, subject to contract and tenant status.

The Business

Established for 2 years
Fully licensed bar / café
Staff - owner, chef and 1 other
First years accounts will be made available to genuine interested parties.
Trading hours -
Wednesday to Saturday 9am 10.30pm
Sunday 9am to 3pm

PRICE

Price - reduced to £29,950 for the goodwill, fixtures, fittings and equipment, as per inventory to be prepared + SAV.

BUSINESS RATES (source:

Rateable Value- £12,250
Some small business rates relief will apply, subject to status

ENERGY PERFORMANCE CERTIFICATE

Assessment - Band D
(Prior to current use and refurbishment)