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City Centre Licensed Restaurant

Price:
Leasehold - £95,000
Seller Ref:
L5371
Location:

Merseyside , Liverpool

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in Merseyside
Food service businesses for sale in Merseyside
Description:
THE BUSINESS:
Location
The business benefits from being in a popular dining district of Liverpool and in an area which includes the Liverpool Metropolitan Cathedral, The Everyman Theatre, The Philamonic Hall, several hotels and various university campus sites. There is roadside parking opposite the premises.


Business History.
The vendors advise that the business was established in May 2002.


Business Profile
City centre licensed restaurant with approximately fifty five covers, serving modern British and European food and catering for families, hotel visitors, academics, theatre goers and foodies. The restaurant enjoys a good reputation. The business benefits from its own web site: www.thesidedoor.co.uk.

Financial Profile
The vendors have accountant prepared accounts and will be pleased to discuss all the financial aspects of the business with prospective buyers.

Uniform Business Rates
Liverpool City Council have verbally provided the following information: Rateable Value- to be confirmed. Rates Payable 2009/10- to be confirmed.

Accommodation:-
The premises were well presented at the time of our visit and are arranged over lower ground and upper ground floors. They comprise an attractive main restaurant dining room and bar featuring timber flooring and timber/timber effect finishes together with spot lights and wall lights. There is a lower restaurant area with a French door opening up to a small courtyard to the front of the premises. Other accommodation includes a kitchen with dumb waiter lift, storerooms, washing up room, ladies and gents toilets.


Outside
There is a small courtyard to the front of the premises and space for two vehicles to the rear of the property.



Fixtures & Fittings
A schedule of fixtures and fittings will be made availabe for prospective buyers.


Price
£95,000 for the goodwill, fixtures and fittings plus SAV.


EPC
Jolley & Co hold a copy of the EPC in their office
Lease Terms:
Leasehold. Fifteen years from 2002. Rent £16,600 per annum. Reviews every three years. Jolley & Co. have not examined any lease documentation and a buyer must arrange for their solicitor to verify that this information is correct.
Trading Hours:
Opening Hours 12:00 midday - 3:00pm and 5:30pm - 10:00pm Monday to Saturday. Closed Sunday.
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