Restaurant/cafe for sale in 115 Penn Hill Avenue, Poole 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

Offers invited over £50,000 for the lease, goodwill, all 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)

The full EPC and recommendations report are available on request.