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Lot 16 Click here for addendum

6 Week Completion

Situation

Occupying a busy trading position just off the Lansdowne Roundabout in the heart of the A3 Restaurant and Bar circuit, close to branches of Revolution, O'Neills, Walkabout Bar, McColls and Betfred and amongst a variety of local retailers only a few minutes' walk from the prime centre of the town.
Bournemouth is a popular seaside resort situated on the south coast approximately 30 miles south-west of Southampton and just under 6 miles east of Poole, enjoying excellent road access via the A31 to the M27.

Property

A mid-terrace building comprising a Ground Floor and Basement Bar (see Notes 1 & 2) with separate front access to 2 large Self-Contained Flats on first, second & third floor levels.
In addition, there is a small, gated rear yard with a secondary access to the basement.

Accommodation

Ground Floor Bar
Gross Frontage 25'1”
Internal Width 18'0”
Bar Depth 40'2”
Built Depth 48'0”
Bar Area Approx. 675 sq ft
Kitchen Area Approx. 130 sq ft
Disabled WC
Basement
Bar Area Approx. 425 sq ft
Store Area Approx. 115 sq ft
Ladies and Gents WC's
First Floor Flat
2 Bedrooms, Living Room, Kitchen/Diner, Shower Room/WC
(GIA Approx. 700 sq ft)
Second & Third Floor Flat
4 Bedrooms, Living Room, Kitchen/Diner, Bathroom/WC, Sep WC
(GIA Approx. 1,175 sq ft)

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note 1: We understand the property holds a Premises Licence granted by Bournemouth Borough Council which expires in November 2019.

Note 2: The Bar will include all fixtures and fittings currently on-site such as refrigerators, ice machine, bar equipment, etc.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

219 Old Christchurch Road, Bournemouth, Dorset BH1 1JZ