FOR SALE
641986
ID3127 / Rightbiz
Sovereign are delighted to bring to the market this exciting hospitality opportunity in Kirkdale, combining a thriving café / bar operation with a brand new 12-bedroom boutique hotel currently nearing completion. The business enjoys a convenient location close to Everton’s football ground and is within easy walking distance, offering excellent potential to capture match-day, event and visitor trade.
The business presently trades as a welcoming café and bar, attracting a loyal and growing customer base, with weekly sales currently circa £5,000 and increasing week on week as reputation and footfall continue to build. This provides an excellent platform for a new owner to step straight into a proven and growing hospitality business.
Above the trading area, the hotel accommodation is undergoing an extensive refurbishment programme to create 12 spacious double bedrooms, all with en-suite facilities. Once complete, our client anticipates achieving room rates in the region of £100 per room per night, subject to demand and seasonality.
Importantly, the business has recently signed a 12-month contract with Guest Ready, under which we are advised that a 60% occupancy rate is guaranteed for the 12-month period. Based on information provided by our client, the guaranteed accommodation revenue from this agreement is expected to be approximately £262,080, providing an incoming purchaser with a strong level of contracted income from the hotel rooms once operational.
Leading online travel platforms, including Booking.com, have also expressed a keen interest in working with our client, further indicating the strong potential for future occupancy and income.
The property is held on a 999-year lease, and we are advised there are over 900 years remaining, effectively providing a virtual freehold and excellent long-term security for an incoming purchaser.
This is a rare opportunity to acquire a growing café bar with significant upside from the imminent launch of a boutique hotel operation above. With established café / bar trade, a newly refurbished 12-bedroom hotel, advised contracted accommodation income and a location well placed to benefit from both local custom and visitors to Everton’s football ground, the business offers multiple income streams and substantial scope to further increase turnover and profitability.
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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