Restaurant for sale

Heroes Karaoke Bar, Old Christchurch Road, Bournemouth, England, BH1 1PH

Guide Price £1

Property Description

Commercial information

  • Business for sale

Key features

  • Brand new 15 year free of tie lease
  • Lower ground floor and basement unit
  • Open plan bar (80 covers)
  • A4 planning permission, no Premises Licence
  • Potential for alternative use (STPP)
  • Energy Rating E

Full description

Tenure: Leasehold

Description

Heroes Karaoke Bar is located on the lower ground floor of a substantial five storey brick building under a mansard roof.

The bar itself occupies both the lower ground floor and cellar, below Hungry Oven Restaurant. Due to the slope on Christchurch Road, the lower ground floor has street frontage and access with the other parts of the property comprising residential accommodation, with separate access and car parking to the rear for residents.

Location

The property is located next to the Lansdowne roundabout which fronts onto Bath Road and Old Christchurch Road. These are the main arterial routes running through Bournemouth Town Centre.

Bournemouth is a large coastal resort town located just to the east of the Jurassic Coast and can be accessed by the A31 from Ringwood and in turn the M27, which provides great access into both Southampton and Portsmouth.

Old Christchurch Road comprises many late night venues include Walkabout, Wetherspoons, O’Neill’s and Revolution, as well as a range of other retail outlets and restaurant/pub offerings.

Internal Details

Enter via main double doors to entrance vestibule, which leads to:

Open plan main bar with various split levels, all fitted with a mix of stripped back wooden flooring and carpeted flooring, equipped with a range of wooden tables and chairs and leather seating, wooden central bar servery fully equipped with a range of tills and sink system, disabled toilet, wash up area to include dishwasher, sink and range of stainless steel work surfaces and two dry stores; one to the main trading area and the other to the rear of the bar server.

Staircases to both the left and right hand side of the property lead to:

Ladies and gents toilets, store cupboard, full commercial kitchen with extraction system, cladded throughout with dumb waiter, providing food access to the ground floor, beer cellar equipped with various cooling systems and lines to include street level drop and an office.

Fixtures & Fittings

All trade fixtures and fittings on site will be included within the sale, however, no guarantees or warranties will be provided.

Tenure

A brand new 15 year free of tie lease with an annual rent of £40,000. Five yearly rent reviews, three month rental deposit and rent will be paid quarterly in advance. Either personal or cross company guarantees will be required.

The Opportunity

Former Heroes Karaoke Bar, which has now closed, offers a fantastic opportunity for an operator to acquire a large premises in central Bournemouth. The configuration makes it ideally suited for an operator wanting to provide a food offering.

Trading Information

No trading information will be provided to any prospective lessee.

Planning Permissions

A4 (drinking establishment).

Business Rates

The Rateable Value is £38,300 for the year commencing 1 April 2017.

Regulatory

The premises no longer benefits from a Premises Licence.


More information from this agent

Nearest stations

  • Bournemouth (0.4 mi)
  • Pokesdown (2.0 mi)
  • Branksome (2.3 mi)
Distances are straight line measurements from centre of postcode

Map & Street View

Nearest stations

  • Bournemouth (0.4 mi)
  • Pokesdown (2.0 mi)
  • Branksome (2.3 mi)
Distances are straight line measurements from centre of postcode

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