- EXCEPTIONAL OPPORTUNITY TO ACQUIRE HIGHLY SUCCESS BAR ON THE FORESHORE
- PANORAMIC VIEWS OF SWANAGE BAY
- FULLY FURNISHED AND EQUIPPED TO A HIGH STANDARD
- EXCELLENT REVENUE AND PROFITS
- HELD ON A 20 YEAR LEASE, COMMENCEMENT DATE 2020
Commercial Property for sale in Swanage
This is an exceptional opportunity to acquire a hightly successful Bar situated in an excellent trading position on the foreshore directly overlooking Swanage Bay. It occupies the ground floor shore side of The Mowlem, which is considered to be the most notable building on the seafront in the centre of Swanage.
The business has been profitably trading for several years and is fully furnished and equipped to a high standard, with a relaxed contemporary style with seating indoors and undercover terraced seating on the parade. The Bar operates 7 days a week 10.30 am, flexible closing up to 1am. The Cellar Bar has 4.5 star rating on Trip Advisor. Audited accounts and the lease are available for inspection by genuine applicants on request and has excellent revenue and profits. The majority of the furniture, fixtures and fittings will be included in the price. A full inventory will be provided and attached to the contract in the event of a sale.
This extremely popular coastal resort attracts many thousands of tourists throughout the year and is renowned for its scenic beauty and as being the gateway to the Jurassic World Heritage Coastline.
ACCOMMODATION
Bar and Seating fully glazed frontage, indoor seating for up to 58 comfortably
Store Room 3m x 2.78m, wash basin
Store 3.09m x 2.41m plus 1.91m max x 1.67m max (irregular shape)
Office 4.1m x 1.22m with wash basin and worktop
WCs Male and Female
Outside Covered Terrace with Table seating for up to 84 (there is potential for further seating)
PLANNING CLASSES USE ORDER
Classification Sui Generis
TENURE - LEASE
20 Years, commencement date April 2020
Terms:
Rent £12,000 plus VAT, payable quarterly in advance
Plus service charge which includes a proportion of building insurance
Rent Reviews Every 5 Years (as normal practice)
Break Clause Every 5 Years (as normal practice)
SERVICES
Mains water, electricity and drainage.
BUSINESS RATES
R/V £12,800. Small Business Rates Relief Available.
Rates Payable £851.62.
VIEWING
Viewing of this exceptional business opportunity is highly recommended, all viewings must be accompanied and these are strictly by appointent through the Sole Agents, Corbens, 01929 422284. Postcode BH19 1DD.
Property Ref: SHO1608
Important information
This is a Leasehold Property
Property Ref: 55805_CSWCC_654518
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