Long Established, Well Appointed Licenced Restaurant with Living Accommodation
Details

LOCATION

The densely populated and cosmopolitan Bournemouth suburb of Charminster is located approximately 2 miles north of the town centre.

Good local shopping facilities are provided along Charminster Road which also supports a wide variety of restaurants and hot food takeaways together with professional services providers including estate agents, solicitors, accountants etc.

The premises are centrally located within this vibrant section of Charminster Road and benefit from roadside parking closeby.

DESCRIPTION

A mid terrace two storey property having part rendered and painted elevations under a pitched slate roof.

The property offers a spacious 70 cover restaurant & bar with additional fenced outside seating to the front.

Also, at ground floor level is a generously sized and comprehensively equipped commercial kitchen plus boiler room and staff WC.

At basement level there are good sized customer WC’s together with a storeroom housing a walk-in freezer and separate walk in refrigerator.

Arranged over the split level first floor is a spacious two bedroomed flat and to the rear is a parking space accessed via a service lane leading off Charminster Road.

The premises underwent an extensive and comprehensive programme of refurbishment a few years ago.

The restaurant, which incorporates a good-sized bar area with keg cellar, features striking decorative features and exposed brickwork, Karndean flooring, air conditioning and a CCTV system.

The flat benefits from full UPVC double glazing and gas fired central heating. There is night security lighting to the rear.

The premises are comprehensively equipped to include the following:

Restaurant: Laid for 66 covers plus 4 stools at the bar.

Al fresco area: Laid for 6 covers at 3 tables

ACCOMMODATION

The accommodation with approximate areas and dimensions is as follows:

Restaurant/Bar

Internal width: 21’3” (6.48m) max

Net sales area: 922 sq ft 85.68sq m

Kitchen: 204 sq ft 18.96 sq m

Boiler Room: 17 sq ft 1.58 sq m

Basement (overall) 314 sq ft 29.21 sq m

Total Net Useable Area: 1,457 sq ft (135 sq m)

The basement comprises:

Ladies Cloakroom: Two WC’s, pedestal wash basin & electric hand dryer.

Gentlemen’s Cloakroom: WC, pedestal wash basin & electric hand dryer.

Storeroom: With walk in freezer and walk in refrigerator. Understairs store cupboard.

Outside:

Parking space and bin storage facility.

Fenced al fresco dining area at the front of the property

Equipment:

The premises are well equipped for the trade.

The bar features a Bezzera espresso machine, Iberital coffee grinder, glass fronted bottle refrigerators, CCTV system, stainless steel single drainer sink unit, County electronic till / epos system, Whirlpool ice machine, glass washer & keg cellar.

Equipment in the kitchen includes MBM 8 burner gas hob, MBM charcoal grill, Blue Seal four burner gas hob, stainless steel three drawer chiller unit with salad dispenser, stainless steel plate warmer, stainless steel Infrico fridge and salad dispenser, water softener system, white chest freezer, dough machine, stainless steel food mixer, two stainless steel deep bowl sink units, Fagor dishwasher, stainless steel table, Eazyzap insectocutor plus full range of pots, pans and equipment.

The boiler room houses a Baxi gas fired boiler, small white fridge and small white freezer.

A detailed inventory will be provided to the purchaser.

Self-Contained Two Bedroom Flat

Approached from the rear, this spacious flat comprises:

Kitchen/Diner: 4.85m x 3.37m

Large Landing Area: 6.98m x 1.78m

Lounge ( overall) 5.36 m x 3.53m

Double Bedroom 1: 4.50m x 3.32m

Double Bedroom 2: 3.61m x 2.72 m

Shower Room: 1.95m x 1.45m

THE BUSINESS

Sal e Pepe is a highly regarded, traditional Italian restaurant which our clients opened in 1997. It is now offered for sale due to their proposed retirement.

Further information is available at:

https://www.salepepe.online.

The business is run by the husband and wife proprietors with part time assistants.

At present the business operates limited trading hours (five evenings per week) and, as such, there are good opportunities to grow the turnover through expanding these.

Further details regarding the trading performance of the business can be made available to interested parties at an appropriate stage in negotiations.

TRADING HOURS

Tuesday 18:00 - 22:30

Wednesday 18:00 - 22:30

Thursday 18:00 - 22:30

Friday 18:00 - 22:30

Saturday 18:00 - 22:30

Sunday and Monday- closed

TERMS

The business is available on a freehold or leasehold basis as follows:

Freehold:

At a price of £475,000 for the freehold interest, goodwill, trade fixtures fittings and equipment with stock to be purchased at valuation.

Leasehold

Alternatively, available by way of a new full repairing and insuring lease, term and rent review pattern by arrangement at a commencing rent of £30,000 per annum, exclusive.

A premium of £35,000 is sought for the benefit of the leasehold interest, goodwill, trade fixtures fittings and equipment with stock to be purchased at valuation.

BUSINESS RATES

According to the VOA website the assessment for this property is stated as:

Shop and Premises, Rateable Value: £14,750

The Small Business Rate multiplier is 48p in the £ (Year ending 31st March 2019)

Applicants must check their eligibility and entitlement to any related benefits with the relevant Local Authority.

more information visit:

https://www.gov.uk/introduction-to-business-rates

COUNCIL TAX (Flat 41 Charminster Rd)

Council Tax: Band A

FINANCE ACT 1989

Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax. Any intending purchaser or lessee must satisfy themselves as to the incidence of VAT in respect of any transaction.

ENERGY PERFORMANCE CERTIFICATE

Energy Performance Asset Rating C (75)

Full EPC available for viewing on our website.

VIEWING

By prior appointment via the sole agents Willis Commercial through whom all negotiations must be conducted.

CONTACT

Patrick Willis – 01202 887555

patrick@williscommercial.co.uk

FINANCIAL SERVICES

We have access to major lenders and will be pleased to assist prospective purchasers with their loan requirements.

Listing Code Ct9V2nhg9Os
Business Tenure FreeHold
Listing Type Seller
Click for Contact Details
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04/10/2018 Charminster, Dorset