Business Summary

• Main Road Location
• Double fronted ground floor restaurant with accommodation over
• Rear parking area for in excess of 15 cars
• Separately accessed two bedroom maisonette and ground floor studio.
• Profitable business with potential to significantly increase turnover - accounts available

LOCATION

New Milton is situated on the South Coast, to the west of Bournemouth between Christchurch and
Lymington. The area adjoins the New Forest National Park and beaches at High Cliff. New Milton is a busy town with a wide selection of services and national retailers. It is generally considered quite an affluent area.

Lymington Road is the principal route between Christchurch and Lymington and as such has a high
amount of traffic.

DESCRIPTION

The property comprises ground floor restaurant premises with non-self contained residential
accommodation. In addition there is a separately accessed 2 bedroom maisonette over No 70 and
separately accessed studio flat to the rear. In particular the property benefits from a large parking area to the rear and gardens.

ACCOMMODATION

Gross Internal Area (Approx)

Ground Floor Restaurant

Dining Area 71.65 sq m (770.954 sq ft)
Kitchen 10.00 sq m (10.76 sq ft)
Rear External Store
Rear Patio / garden dining area

No 58 First and Second Floor Maisonette

Accessed via restaurant area.
2 Bedrooms, Lounge, Bathroom and Box Room.

No 60 First and Second Floor Maisonette

2 Bedrooms (1 en-suite), Lounge, Kitchen Bathroom and Store Room.

No 60 Ground Floor Rear Studio Flat

Bedroom, Bathroom and Living Area
Rear yard and gardens. There is the possibility to park in excess of 15 vehicles in this area.

TENANCIES

The rear studio is currently let by a way of a 6 month assured short hold tenancy at a rental of approximately £350 per month.

TESSA'S BUSINESS

Tessa's is a very well specified successful restaurant which mainly trades during the day. It is considered that turnover could be greatly improved by trading later into the evening.

Restaurant

The restaurant is currently configured to provide 52 internal covers and 16 external covers.

TENURE / PRICE

The freehold of the whole is offered including the goodwill, fixtures and fittings of the occupational business (Tessa's)

We are instructed to seek offers in the region of £695,000.

VAT

VAT is not applicable to this property.

VIEWING & FURTHER DETAILS

Strictly by appointment through this office or that of our joint agents, through whom all negotiations are to be conducted.

Contact:

Ellis and Partners Ltd
Old Library House,
No 4 Dean Park Crescent,
Bournemouth BH1 1LY

Tel: 01202 551821
Email: [email protected]

Property Details

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