The Four, 115 Penn Hill Avenue, Penn Hill, Poole, BH14 9LY
| Reference: | SGC/30179 |
|---|---|
| Status: | Under Offer |
| Property Type: | Retail |
| Property Term: | for leasehold business |
| Contract: | For Sale |
| Size: | 447ft2 |
| Rent: | £29,950 |
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 a quick sale for the lease, goodwill, all fixtures, fittings and equipment, as per inventory to be prepared + SAV.
BUSINESS RATES (source: www.voa.gov.uk)
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.
50.7232258, -1.9344073
Property Misdescription Act and Misrepresentation Act: These particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract. Nettleship Sawyer cannot guarantee the accuracy of any description, dimension, references to condition, necessary permissions for use and occupation and other details contained herein and the prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. No employee of Nettleship Sawyer has any authority to make or give any representations or warranty or enter into any contract whatever in relation to the property. Rents or prices quoted in these particulars may in addition be subject to VAT. Nettleship Sawyer will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.