19 Lansdowne Road & Basement Of, 15-19a Lansdowne Road, Bournemouth, Dorset, BH1 1RZ

To Let or For Sale - Vacant Former Bar and Restaurant in Prominent Location within Area of High Student Population and Close t Central Business District

The subject premises are located in the very heart of the Lansdowne area where most student accommodation blocks are located. There is significant ongoing development of both accommodation and teaching facilities 'on the doorstep' and accordingly the premises are very well located to benefit from the associated opportunities.

At ground floor level is a spacious bar. Also at ground floor level are male & female WC's.

At basement/ lower ground floor level is a good-sized restaurant and bar together with a large commercial kitchen plus ancillary areas.

The property benefits from two allocated car parking spaces to the rear together with a beer cellar also at ground floor level.

We understand that the premises are licenced for 200 customers at any one time and also have the benefit of a favourable Premises Licence which permits certain 24-hour licenced activities.


Bar Area: 1,064 sq ft (98.88 sq m)
Rear Lobby: 76 sq ft (7.06 sq m)
Restaurant: 1,500 sq ft (139 sq m)
Commercial Kitchen: 396 sq ft (36.80 sq m)
Outside:
Beer Cellar: 128 sq ft (11.90 sq m)
Total NIA - 3,160 sq ft (11.90 sq m)


Rateable Value £12,000
Source The 2023/2024 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.


The premises are available either to let or for sale as follows:

TO LET
By way of a new full repairing and insuring lease for a term to be agreed at £35,000 per annum exclusive of rates VAT (if applicable) and all other outgoings.

FOR SALE
Offers are invited in the region of £450,000 subject to contract for the long leasehold interest.


Patrick Willis &
Dominic Street 5
Contact Ben Simpkin


Interested parties are advised to make their own enquiries of the Local Authority for confirmation.


Asset Rating - D93


Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.


Vacant Former Bar & Restaurant in Strong Location