Cargo Restaurant, Bar & Deli

19 Princes Parade
Liverpool
L3 1BD

INTRODUCTION

This is a once in a lifetime opportunity for a forward thinking restaurateur or an existing restaurant company to obtain a fully fitted 150 customer capacity restaurant in an iconic location.

LOCATION

Cargo Restaurant is situated on Princes Parade approximately ¼ mile from Liverpool's bustling city centre and overlooks the River Mersey close to the proposed new cruise liner terminal and a ten minute walk to the new Everton Football Clubs New sixty thousand capacity Stadium due to be completed in the next 2 years The Restaurant is also close to two business centres which employ approximately 2,500 people, and a number of apartment complexes which house a further 1,500 people. (See location map below).

PROPERTY DESCRIPTION

The restaurant is on the ground floor of a 25-storey complex of high quality apartments. It has the added benefit of stunning river views, an outside licensed seating area and its own secure car park for approximately 14 cars.

Ground Floor - Bar and Deli

The main entrance leads into the restaurant and to the right is the bar area and delicatessen. This area, which has the capacity for approximately 60 customers, is furnished with loose tables, chairs and bar stools and two leather Chesterfield settees, the floor wooden throughout. There is a bar counter with a cold food display unit and a free standing cabinet for delicatessen takeaway products.

Ground Floor - Restaurant

To the left of the main entrance is the restaurant which caters for 120 cover it is furnished with loose tables, chairs and a number of booth style seating areas. The bar servery is centrally located and is equipped with back bar refrigerated bottled beer cabinets, spirit optics a selection of beer pumps, coffee machine and EPOS tills.

Ladies, gents and disabled toilet facilities are located on the ground floor also baby change facilities available.

Kitchen and Food Preparation Areas

Both kitchens and prep areas are equipped with modern top of the range equipment which has been inspected and approved by Liverpool City Council Public Health Department and achieved the highest mark for cleanliness and hygiene.

General

The Cargo Restaurant has the benefit of a licensed outside seating area, internal and external CCTV, air conditioning throughout, gas central heating and a security alarm system.

TRADING HOURS

Monday to Sunday 07.30 a.m. until Midnight

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 restaurant is available on a 10 year lease with break clauses every 3 years. The current rent is £52k per annum plus VAT and management service charge. The rent will be reviewed at the end of the 5th year.

ACCOUNTS

There are no audited accounts available but a set of management accounts can be provided following a formal viewing .

Guide Price £50,000.00

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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