FOR SALE
627318
MEMO’S BAR & KITCHEN / Rightbiz
Profitable business
Excellent trading location
100 Plus covers
Quality interior décor
Leasehold
Guide Price including all business fixtures and fittings but excluding stock £150,000
LOCATION
Memo’s Bar & Kitchen is located on Allerton Road, Mossley Hill which is a highly populated and affluent area of South Liverpool. The restaurant has a considerable advantage attracting a high level of passing trade due to its prominent trading location and free on-street parking.
PROPERTY DESCRIPTION
Ground Floor
Entrance into Memo’s is on Allerton Road and leads into a well-designed spacious dining area capable of seating comfortably eighty plus covers. The restaurants furnishings are of a high quality and comprise of various size loose tables, chairs and fixed wall seating. The interior is a bright contemporary design, the floor is polished wood throughout.
Kitchen
The kitchen is located at the rear of the dining area and is equipped with a full range of fixtures and fittings and meets all local authority and public health standards. The restaurant presently has a 5* merit award from Liverpool City Council.
First Floor
This floor is accessed via an internal staircase and leads to ladies and gent’s toilet facilities which have recently been upgraded and refurbished to a very high standard.
To cater for the high demand of private functions there is a separate dining room which can cater for approximately 30 covers. The furnishings comprise of loose tables and chairs with the décor being bright and contemporary.
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 business has the benefit of an exterior pavement licence which seats sixteen customers. Internal/external CCTV, a security alarm system, air conditioning throughout and mains gas.
PERMITTED HOURS
10.00 a.m. until 12.30 a.m. Monday to Sunday
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
The business has the benefit of a 9-year lease with 5-year rent reviews. The present rent is £2,900 per calendar month. Business rates payable 2024/25 £256 x 10 months
ACCOUNTS
There are certified accounts available to seriously interested parties following a formal accompanied viewing.
Price including all business fixtures, fittings and goodwill but excluding all stock £150,000
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.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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