CONFIDENTIAL SALE BAR RESTAURANT LIVERPOOL L23 (Ref: 703)

· SOUGHT AFTER TRADING LOCATION

· INTERIOR OF THE HIGHEST STANDARD

· COMPETITIVE RENT

· EXCELLENT FUTURE TRADING POTENTIAL

BRIEF OVERVIEW

Although the trading format has been very successful for the existing owners, they have chosen not to use the full benefit of their premises licence conditions by closing at 5.00 p.m. each trading day. Any new owner could trade until 11.00 p.m., therefore increasing the turnover and profitability of the business.

LOCATION

This successful business is ideally located for trading, being within a highly populated and prosperous suburb of North Liverpool. The business has a high level of passing trade and is popular with local residents and visitors to the area. Its location is approximately 6 miles from Liverpool city centre and 10 miles from Southport.

PROPERTY DESCRIPTION

The entrance leads into the main trading area which has recently undergone a complete refurbishment. The furniture comprises high quality loose tables, chairs and seating booths; the floor is tiled throughout. It has the capacity to cater for 60 customers (seated).

The bar servery is well located and equipped with a glass washer, a coffee machine, back-bar refrigerated wine and bottled beer cabinets and an EPOS till.

Ladies’, Gents’ and Accessible toilet facilities are located within this area.

Kitchen

The kitchen is well equipped with a full range of fixtures and fittings, meets all local authority and public health requirements and has been awarded 5* by the local council.

FIXTURES AND FITTINGS

All fixtures and fittings are 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, internal/external CCTV, a security alarm system and a main gas supply.

PERMITTED HOURS

Monday to Sunday 9.00 a.m. until 11.00 p.m.

Licensed Trade Associates has not examined any licence documentation; 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 10-year lease with 9 years remaining. This lease will be assigned to the new owners. The present rent is £27k VAT per annum.

ACCOUNTS

There are audited and management accounts available to seriously interested parties following a formal viewing and proof of funding.

Price including all business fixtures, fittings, and goodwill but excluding all stock £295,000

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 or not 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 have 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.