Featured Brokers
CONFIDENTIAL
FOR SALE
660082
https://licensedtradeassociates.co.uk/apartment/co / Rightbiz
· EXCELLENT TRADING LOCATION
· RECENT £100K INTERIOR REFURBISHMENT
· 160 COVERS
· GOOD FUTURE POTENTIAL
BRIEF SUMMARY
One of Liverpool’s most popular and well-known restaurants is now for sale. The restaurant has been trading successfully for the last 12 years but now reluctantly the owners have decided to sell to enable them to concentrate on other aspects of their business interests.
LOCATION
The restaurant is ideally located for trading being situated within a popular and busy dining circuit of Liverpool city centre. Its location enjoys a high level of footfall and passing trade being close to tourist attractions and hotels.
PROPERTY DESCRIPTION
The impressive entrance to the restaurant leads into the main dining area which has the capacity to cater for 100 covers. The furnishings are of top quality and mainly consist of loose tables, chairs, bar stools and fixed wall seating.
The bar area is also furnished with quality fixtures and fittings, which include high bar stools and tables and fixed wall seating and has room for approximately 20 covers.
The bar servery is very impressive and well designed and is equipped with back-bar bottled beer and wine cabinets, coffee machines and an EPOS till system; there is a range of draught beer and lager dispensers.
Outside Terrace
The terrace and tea garden area is furnished with loose tables, chairs, large sun umbrellas and gas heaters for the colder months. This area is licensed for 40 covers.
Kitchens
The basement kitchens are equipped with quality fixtures and fittings, several walk-in freezers, and storage areas for dry and frozen stock. They meet all local authority and public health requirements and hold a 5-star award.
FIXTURES AND FITTINGS
The sale includes all fixtures and fittings, except items owned by third parties or our clients’ personal belongings.
GENERAL
The property has the benefit of air conditioning throughout, external/internal CCTV, a security alarm system and main gas supply.
PERMITTED HOURS
Noon until 12.30 a.m. Monday to Sunday.
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 current lease expires on 31 December 2033; a new 10-year lease will be available. Annual rent is currently £75,000, with an annual service charge of £9,515. No VAT is currently paid on either amount.
ACCOUNTS
There are 3 years audited accounts available to seriously interested parties following a formal accompanied viewing and providing proof of funding.
Price including all business fixtures, fittings, and goodwill but excluding all stock £675,000
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.
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
Get Solicitor
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