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Established Bakery & Cafe - Liverpool

Liverpool, Merseyside, England

  • Leasehold Price: £74,950
  • Annual Turnover: £104,545
Seller Reference: 7101
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Business Description
 
 
 
 
 
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Seller Reference: 7101
Request Details
Business Description
Prominent City Centre Location
Five Star Food Hygiene Rating
Free Parking Available In Immediate Area
Annual Turnover £104,545
Further Financial Info Available After Viewing
Seating for 26 Across Two Floor
Management In Place
Full Alcohol Licence
Fantastic Online Reviews
Five Star Hygiene Rating
Scope For Sunday Opening
Could Suit Any Cuisine
Ideal For Bistro/Restaurant
EPC - B
REF 7101 – Leasehold Bakery & Cafe

Blacks Brokers are pleased to bring to the market this leasehold bakery & cafe located in Liverpool, Merseyside.

INTRODUCTION

The Italian Club Bakery was established by our client in this bustling area of Liverpool in 2012. The business offers a range of freshly prepared bakery products including breads, pastries and paninis. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation, five star hygiene rating and superb reviews are noted on Google. The Italian Club Bakery has a strong online and social media presence.

LOCATION

The Italian Club Bakery occupies a prominent trading position just off Renshaw Street. This area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Max Speilman and William Hill. The famous Printworks Hotel is also very nearby. The area is well linked by the M62 with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a ten year lease which began in 2012 at a cost of £288 per week. We are advised a new lease can be negotiated with the private landlord if preferred and there is scope to also lease the property next door with a view to expand.

STAFF

The business operates with three members of part time staff in employment, this includes a manager.

FINANCIAL DETAILS

The Italian Club Bakery has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £104,545. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This popular and well established business occupies an enviable trading position in a busy area of central Liverpool. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu choices and longer opening hours, possibly a change to a bistro or restaurant with evening opening. A delivery service for other local businesses/offices could also prove beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Tables

Chairs

Counter

Glass Display Cabinet

Coffee Machine

Fridges

Double Deck Pizza & Bread Oven

Gas Hob

Fryer

Dough Mixer
Trading hours:
MON - SAT: 09:00 - 17:30
SUN: CLOSED
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
The Italian Club Bakery operates from a spacious mid terraced property. The business has large branding and signage on display above a fully glazed frontage. Inside, the glass servery/counter is positioned to the side of the shop and this area offers seating for six with bakery and preparation area to the rear. There is a first floor has a larger café area with seating for twenty and toilet facilities. Finally, the third floor is used as an impressive bread laboratory. All areas are fully equipped and presented very well.

Location Details:
Liverpool
Leasehold Term:
£288 Per Week
Listed by:
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