NEW TO MARKET PROPERTY Portland 358 Cafe Bar

LOCATION

Portland 358 Café Bar is ideally located for trading being situated on Smithdown Road close to Penny Lane.  Smithdown Road is the main road leading from South Liverpool to the City Centre approximately seven miles away.  The area is highly populated with a mix of student accommodation and family occupied houses.  See location map below.

PROPERTY DESCRIPTION

Ground Floor – Capacity for 85 Covers

Entry to the Portland is via the main entrance on Smithdown Road and leads directly into the dining area which is furnished with fixed wall seating, loose tables and chairs, the floor is wood throughout. The bar/food servery is well equipped with bottle beer cooling cabinets, a coffee machine, a glass washer and an EPOS till.

Kitchen

The kitchen is situated behind the bar servery and is fully functional and is equipped with a full range of stainless-steel catering equipment and fitments.  The kitchen meets all local authority and public health hygiene regulations and has recently been awarded a 5-star award from Liverpool City Council.

First Floor

Accessed by an internal staircase this floor comprises of ladies and gents’ toilet facilities, a commercial office and a dry storage area.

Second Floor

At present this floor is used for general storage but could be converted into accommodation once planning permission and change of use has been obtained.

FIXTURES AND FITTINGS

All fixtures and fittings are to be included in the sale. Any items owned by a third party or personal to our clients will be exempt.

GENERAL

The business has the benefit of air conditioning throughout, internal/external CTV, mains gas and a security alarm system.

PERMITTED HOURS

10.00 a.m. until 11.00 p.m Sunday to Thursday

10.00 a.m until 11.30 p.m Friday to Saturday

Premises License No:  LA 140097

Licensed Trade Associates has not examined any licence documentation and any future buyer must arrange with their solicitors to verify this information.

ENERGY PERFORMANCE CERTIFICATE

An Energy Performance Certificate is being prepared by our client and will be made available to prospective purchasers in due course.

TENURE

Portland 358 has the benefit of a remaining 7-year lease with 5-year rent reviews. The present rent is £2,500 per calendar month. The are no business rates to pay.

ACCOUNTS

There are 3 years audited accounts available to seriously interested parties following a formal viewing.

GUIDE PRICE 

Price including all business fixtures, fittings, and goodwill but excluding all stock £45,000

VIEWING AND CONFIDENTIALITY

All arrangements to view are strictly by appointment through Mr Bob Collins and no approaches whatsoever must be made to the owner or the business.  For an appointment to view please telephone Bob Collins on 07721 329999.

AGENTS NOTES

Prospective purchasers should make their own enquiries as to the adequacy and present condition of all service installations and related equipment at the property, whether referred to in these particulars. Licensed Trade Associates for themselves, and the vendors or lessors of this property, whose agents they are give notice that - (1.) The particulars are set out as a general outline only, for guidance to intending purchasers or lessees, and do not constitute either in whole or part of an offer or contract. (2.) All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given without responsibility and intending Purchasers or Tenants should not rely on them as statements or representation of fact but must satisfy themselves by inspection or otherwise as to the correctness of same. (3.) No persons in the employment of Licensed Trade Associates has any authority to make or give any representation or warranty whatsoever in relation to this property. All prices are quoted exclusive of VAT unless otherwise indicated.