NEW TO MARKET PROPERTY The Royal Institution Cocktail Bar

Address:

24 Colquitt Street

Liverpool, L1 4ED

Website:

royalinstitutionbar.co.uk

Tenure:

Leasehold

Guide Price:

Guide Price including all business fixtures and fittings but excluding stock £75,000

Other Key Points:

• Sort after trading location
• Excellent future potential
• Interior of the highest standard and quality

About The Area

Entrance into the elegant Georgian building leads into the main lobby which has four entertaining rooms leading from it. Each room has a capacity to cater for approximately forty covers.  The furnishings in each of the rooms comprise of loose comfortable leather chairs, various sized tables and some leather fixed wall seating.  All the entertaining rooms have unusual wall mounted paintings and other memorabilia detailing the history of this historic building.

Ground Floor

The bar lounge is furnished with high quality leather chairs, loose tables, high bar stools and fixed wall seating. The bar servery is well equipped with bottle beer and wine refrigerated cabinets, a coffee machine and an EPOS till.
Adjacent to the bar servery is a small wash-up area equipped with glass washing machine, a stainless-steel sink and other equipment.
The administration office is situated at the rear of the bar and is equipped with CCTV screens, a desk and filing cabinets.
Ladies, Gents’ and Accessible toilet facilities are located at the rear of the lobby area.

The bar servery is well designed and equipped with back-bar refrigerated wine and bottle beer cabinets, two EPOS tills and a wide range of draught beer and lagers.  The glass wash-up area is located at the rear of the bar and is equipped with a glass washer, stainless steel shelving and a sink.

Fixtures And Fittings

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

GENERAL

The Bar has the benefit of interior/exterior CCTV, central-heating, air conditioning and a security alarm system.

PERMITTED HOURS

Licensed Trade Associates has not examined any licence documentation and any future buyer must arrange with their solicitors to verify this information.
Monday to Sunday 11.00 a.m. until 03.00 a.m.
Premises Licence No: LA160134

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

The Bar has the benefit of a 10-year lease with 5-year rent reviews. The present rent is £27k plus VAT per annum. There are no business rates payable.

ACCOUNTS

There are limited management accounts available following a formal accompanied viewing.
Price including all business fixtures, fittings and goodwill but excluding all stock £75,000

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.

ANTI-MONEY LAUNDERING

With accordance with Anti-Money Laundering Regulations, we are required by law to verify the identity of the proposed purchaser/tenant once a transaction has been agreed to prevent fraud and money laundering. This will usually take the form of a passport/driving licence and a recent utility bill.

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. (11.) 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. (111.) 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.