FOR SALE
18/12/24
2453
New To Market / Rightbiz
New To Market
A rare opportunity has arisen to acquire this stunning space in the centre of the expanding Baltic Triangle area of the city, with its bars, restaurants and developing residential/retail quarter the Club has become well known as a late night music and party venue with food, drinks, live music and DJs, all of which are popular with its loyal customers and visitors to the city from the UK and many European destinations.
Location
The Venue has become a landmark for party nights, celebrations, and special occasions.
The Club is located directly opposite the iconic Albert Dock and Liverpool’s main conference
and entertainment centres The Popular Baltic Triangle complex is nearby. See location map
below.
PROPERTY DESCRIPTION
A rare opportunity has arisen to acquire this stunning space in the centre of the expanding Baltic Triangle area of the city, with its bars, restaurants and developing residential/retail quarter the Club has become well known as a late night music and party venue with food, drinks, live music and DJs, all of which are popular with its loyal customers and visitors to the city from the UK and many European destinations.
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 subject business has the benefit of interior and exterior CCTV, a security alarm system and gas central heating.
PERMITTED HOURS
10.00 a.m. until 02.00 a.m. Sunday to Thursday
10.00 a.m. until 06.00 a.m. Friday to Saturday
THE CLUB IS THE ONLY LICENSED PREMISES IN THE BALTIC TRIANGLE AREA TO
HAVE BEEN GRANTED A 06.00 PREMISES LICENCE ON FRIDAY AND SATURDAY.
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 25-year fully insurable and repairable lease with 12 years remaining. The present rent is £30k per annum VAT with rent reviews every 5 years.
Business rates payable 2023/2024 app £6,000.
REASON FOR SALE
The existing tenants are relocating to larger premises.
Price including all business fixtures, fittings, and good will but excluding all stock £165,000.
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.
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 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.