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TOWN CENTRE SITE

Slug & Lettuce New

Richmond Hill, Bournemouth, Dorset, BH2 6HT

Ingoing Cost: £35,500
Annual Rent: £142,000

Features
Trading style
Key financials

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No Private Accomodation

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Restaurant/Dining

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Coastal

Property details

This prominent Bournemouth town-centre venue, currently operating as a Slug & Lettuce, presents an exciting opportunity to take on a high-volume pub and bar in one of the UK's most popular coastal destinations. Positioned at the foot of Richmond Hill, close to Bournemouth Gardens and the famous seafront, the venue benefits from strong year-round footfall from locals, tourists, students and visitors.

The business offers a modern and stylish trading environment, with a spacious open-plan layout that supports a variety of trading styles throughout the day and evening. Its established reputation, combined with a late-night licence and strong turnover potential, creates an excellent platform for an ambitious operator looking to run a high-profile hospitality business.

Private Accommodation

There is no private accomodation with this opportunity.

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Catering Kitchen

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Experienced Operator

Trading style

The ideal operator will have proven experience managing a high-volume, late-night hospitality business and be comfortable operating within a fast-paced town-centre environment.

They will be commercially driven with the ability to manage multiple customer groups and trading occasions, from daytime food and drink sales through to busy evening and late-night sessions. Strong leadership skills will be essential, along with experience in team development, stock management, licensing compliance, health and safety, and operational controls.

This opportunity would particularly suit an ambitious operator who can create an engaging programme of sport, entertainment and events while maximising the venue's strong location and customer appeal.

Key financials

Reference Number: FH4FW1 / 110988
Agreement Type: Tenancy

Min Ingoing Cost: £35,500.00
Annual Rent: £142,000.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.

Business Details

Forecast Turnover:	£1,522,880 pa
Forecast Wet Turnover:	£1,138,658
Forecast Dry Turnover:	£384,222
Guide Rent Annual:	£142,000
Turnover Rent Annual:	£38,347
Turnover Rent (%): Instead of a fixed monthly rent, you'll pay a base rent (guide rent demonstrated above) plus a percentage of your net turnover (the percentage is demonstrated above).	3 %

Financial Details

Full Deposit:	£35,500
Repair Fund:	£133 pw
Fixtures / Fittings:	£192 pw

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