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Micropub & Kitchen - Liverpool

Liverpool, Merseyside, England

  • Leasehold Price: £49,995  Price Reduced arrow_drop_down
  • Sale Agreed
  • Annual Turnover: £117,553
  • Annual Gross Profit: £62,535
Seller Reference: 7035
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Business Description
 
 
 
 
 
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Seller Reference: 7035
Request Details
Business Description
Main Road Trading Position
Accounts Year Ending 12.02.2020
Annual Turnover £117,553
Gross Profit £62,535
Further Financial Info Available After Viewing
Seating For Around 50
Five Star Food Hygiene Rating
Good Social Media Following
Fantastic Online Reviews
Potential To Introduce Food Sales
Scope For Longer Opening Hours
EPC - E
REF 7035 – Leasehold Micropub & Kitchen

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

INTRODUCTION

The Ale House was established by our client in this bustling area of Old Swan in 2016. The business offers a range of speciality ales and ciders in addition to Sunday lunches and snacks. 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 and superb reviews are noted on Google, Trip Advisor and Facebook. The Ale House also has a website in place and a reasonable following on social media channels.

LOCATION

The Ale House occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Ladbrokes, Home Bargains and Wetherspoons. There are also a number of schools and housing areas nearby as well as Newsham Park and Alder Hey Children’s Hospital. 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 sadly due to our client’s other business interests 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 five year lease which began in 2016 at a cost of £327 per week. We are advised by our client that a new lease can be negotiated if preferred.

STAFF

The business operates with three members of staff in employment.

FINANCIAL DETAILS

The Ale House 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 £117,553 and gross profit of £62,535. Full financial information is available upon request.

BUSINESS RATES

The business has a rateable value of £5,000. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This reputable and well established business occupies an enviable trading position in a busy area of 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 longer opening hours and a strong marketing drive. Our client also advises that there is potential to expand the food menu. 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

Kitchen Equipment

Cellar Equipment
Trading hours:
MON - THU: 14:00 - 21:30
FRI - SUN: 14:00 - 22:30
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
The Ale House operates from the ground floor of a spacious end terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage. Inside, the main bar area offers seating. There is also a fully equipped commercial kitchen, beer cellar and boiler room used for storage as well as toilet facilities. All areas are presented well and offer a combined floor space of around 1,300 square metres. Our client has also applied for permission to introduce a coffee area in the finer months.

Location Details:
Liverpool
Leasehold Term:
£327 Per Week
Listed by:
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