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Under OfferFor sale: POA

Prominent town centre cafe/bar investment in Bournemouth

Restaurant/Cafes , 1099 Sq Ft
Property type: Restaurant/Cafes
Tenure: Under Offer, For Sale Freehold
Size: 1099 Sq Ft
Price: POA
Location: 109-111 Commercial Road, Bournemouth, BH2 5RT
6359

Location

The premises occupy a good trading position within Bournemouth town centre, being located a short distance from the prime pedestrianised precinct where numerous multiple retailer are located including Marks and Spencer, Sports Direct and Primark. There is also a good mix of restaurants/bars located in close proximity including Rancho Steakhouse, Koh Tahi Tapas and Smoking Aces (Cocktail Bar) and the premises are immediately opposite both Betfred and Ladbrokes.

Description

A modern double fronted café and bar with the benefit of Class A4 use. The premises comprise a ground floor space for 30 covers with bar area, together with a good sized basement which offers space for an additional 14 covers, a kitchen preparation area and male and female WC’s.

Accommodation

Ground Floor Café/Bar

Internal Width: 29’ 8” max

Shop Depth: 24’ 6” max

Net floor Area: 588 sq ft 55 sq m

Useable basement: 511 sq ft 47 sq m

Outside: Rear yard with additional outside seating

Lease

The premises are let to Adda Enterprise Ltd on a 6 year term from 15 December 2016, subject to a tenant break clause at the end of the 3rd year at a rent of £13,000 per annum exclusive. Subject to 3rd year review on a full repairing and insuring basis.

There is a £4,000 security deposit.

The two flats above are sold off and held on a 999/125 year leases. Flat 1 pays a rent of £125 per annum, Flat 2 a peppercorn.

Price

£149,950 for the freehold interest subject to the benefit of the commercial lease and ground leases over.


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