CASTLE ST. TOWNHOUSE

CASTLE STREET
LIVERPOOL
L2 4TA
www.castlestreettownhouse.co.uk

INTRODUCTION

Castle St. Townhouse Bar & Restaurant probably occupies the most sort after location within Liverpool City Centre. Over the last 3 years Castle Street has been transformed into a pedestrianised area boasting the widest range of popular restaurants and bars in the City. The Townhouse opened approximately 2 years ago and has developed into a very profitable venue with a turnover exceeding £1m net 2016/17.

LOCATION

The Townhouse is situated in a prominent location on Castle Street, Liverpool City Centre. Castle Street is a pedestrianised area which runs between Dale Street and Lord Street. The City's Town Hall is approximately 200 metres away and the bar is also close to the extremely popular and successful Liverpool One shopping area. See location map below.

PROPERTY DESCRIPTION

Ground Floor

The main entrance is on Castle Street and leads into a well designed bar area which is furnished with loose tables, high bar stools and fixed wall seating. The interior still retains its original Art Deco effect but is enhanced by a range of exclusively designed light fittings and chandeliers. The bar area has the capacity to cater for approximately 20 diners.

The bar servery is well designed and equipped with back-bar refrigerated bottled beer cabinets, a coffee machine, EPOS tills and wide range of beer dispense pumps and spirit optics. The bar servery is well designed and equipped with back-bar refrigerated bottled beer cabinets, a coffee machine, EPOS tills and wide range of beer dispense pumps and spirit optics.

Disabled toilet facilities are located in this area.

A number of steps lead up to the main restaurant area which has the capacity to cater for 80 covers. The restaurant is furnished with booth seating, loose tables of various sizes, loose chairs and high bar stools. The floor is tiled throughout.

Kitchen

The kitchen is located at the rear of the restaurant and is well equipped with a full range of fittings and equipment and meets all local authority and public health hygiene regulations.

Lower Ground Floor

Accessed via an interior staircase this area comprises of ladies and gents toilet facilities, an administration office, a refrigerated beer store and other secure storage areas.

GENERAL

Castle St. Townhouse has the benefit of air conditioning throughout, gas central heating, interior/exterior CCTV and a security alarm system.

TRADING HOURS

08.00 a.m. till 02.00 p.m. Monday to Sunday.

The restaurant also has the benefit of an outside pavement licence to cater for 20 customers during the above permitted hours.

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 Townhouse has the benefit of a 15-year fully insurable and repairable lease with 13 yeas 6 months remaining. The present rent is £55k per annum and is reviewed every 5 years. Business rates payable 2016/17 £22,720 per annum.

ACCOUNTS

There are 2 years unaudited accounts available to seriously interested parties following a formal viewing.

REASON FOR SALE

The owners are selling to enable them to concentrate on other business activities.

AGENTS NOTES

This is a Turn Key operation for anybody wishing to obtain a well established and profitable business.

Price: Including all business fixtures and fittings and goodwill but excluding all stock £450,000

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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