Co.Co. Private Venue Hire & Bar

New To Market Property

Co.Co. Private Venue Hire & Bar

Address:

48 Castle Street
Liverpool
L2 7LQ

Tenure:

Leasehold

Guide Price:

Guide price including all business fixtures and fittings but excluding stock £250,000.

Other Key Points:

  • Customer capacity 250
  • Turnkey operation business
  • 50% confirmed bookings for 2024
  • Sort after location in Liverpool city centre

Location

Additional Information

About The Area

Co.Co. Private Venue Hire & Bar is situated in a prominent trading location on Castle Street, Liverpool City Centre. The Present owners have recently converted the interior of the premises to concentrate on attracting more Function business which has proved to be very successful with confirmed bookings for a range of various functions stretching out for the next six months.

Property Description

The impressive entrance into Co.Co. Bar is on Castle Street and leads into the main bar and lounge which is of a contemporary and luxurious design, furnished with top quality fixed wall seating, loose tables, chairs, high bar stools and booth seating areas.  The floor is laid with Amtico flooring throughout.

The impressively designed bar servery is equipped with bottled beer and wine coolers, a coffee making machine, EPOS tills and a range of popular lager and beer dispensers.

There is a small kitchen area at the rear of the bar which equipped with an ice-maker a glass washer and other fittings and fitments.

Ladies, Gents and Accessible toilet facilities are located at the rear of the bar area.

Fixtures And Fittings

All fixtures and fittings are to be included in the sale.  Any items that are owned by a third party or personal to our clients will be exempt.

General

Co.Co. Bar has the benefit of air conditioning throughout, mains gas, intruder alarm, extensive CCTV and fire a fire detection system.

Permitted Hours

Licensed Trade Associates has not examined any licence documentation and any future buyer must arrange with their solicitors to verify this information.

Monday to Saturday 08.00 a.m. until 2am.

Sunday 10.00 a.m. until 2am.

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 business has the benefit of a 10-year fully insurable and repairable lease. The present rent is £50k per annum (no VAT) and reviewed every 5 years.

Accounts

There are management accounts available to seriously interested parties following a formal accompanied viewing.

Guide Price

Price including all business fixtures, fittings and goodwill but excluding all stock £250,000.

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.

Anti-Money Laundering

With accordance with Anti-Money Laundering Regulations, we are required by law to verify the identity of the proposed purchaser/tenant once a transaction has been agreed to prevent fraud and money laundering. This will usually take the form of a passport/driving licence and a recent utility bill.

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. (2.) 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. (3.) 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.