BAR FIFTY6

56 SOUTH ROAD
WATERLOO
L22 5PQ

LOCATION

The Fifty6 Bar is ideally located for trading being located on South Road, Waterloo a highly populated boisterous suburb of North West Liverpool well known for its selection of bars and restaurants. (See location map below).

PROPERTY DESCRIPTION

Ground Floor Bar / Dance Area

The bar’s main entrance is located on South Road and leads into a recently refurbished bar/lounge area. The decor is of a tastefully stylish image and is furnished with high quality fitted booth seating and a number of champagne tables. The floor of the bar is laid of wood throughout.

The bar severy is well designed and equipped to a high standard with back-bar refrigerated cabinets, EPOS tills and beer dispense pumps. At the side of the servery is a glass wash-up area equipped with an integral glass washer and ice maker.

To the rear of the bar is a fully equipped DJ unit which operates a sound-to-light music system, there is also a designated dance floor area.

Ladies and Gents toilet facilities are accessible within the bar area.

First Floor - Bar / Gin Lounge

Accessed from the bar area via an internal staircase the lounge is furnished with high quality booth seating, champagne tables and loose tables and chairs. The bar servery is equipped with bottled beer cabinets and an EPOS till. At the rear of the lounge is an outside smoking solution area which can be accessed by and internal door.

Also located on the lower ground floor is an office, beer storage facilities and additional storage space.

Second Floor Management Flat

This flat can be accessed via an internal staircase and comprises of 2 bedrooms, bathroom/WC, living/dining room and a fitted kitchen.

General

The Fifty6 Bar has the benefit of a 16 camera HD CCTV system, air conditioning throughout, gas central heating and a security alarm system.

TRADING HOURS

The bar’s Premises Licence allows it to trade from 12.00 a.m. until 02.30 a.m. Monday to Sunday.

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 Fifty6 Bar is let by way of a fully insurable and repairable 15 year lease with 5 year rent reviews. The present rent is £24k per annum with business rates payable 2016/17 £5,500k.

ACCOUNTS

There are management accounts available to seriously interested parties following a formal viewing of the premises.

REASON FOR SALE

The present owners have decided to sell the bar to enable them to concentrate on other business interests outside of the licence trade.

Price including all business fixtures and fittings and goodwill but excluding all stock £40,000

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 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 has 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.

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