Esto Es Espania

New To Market

Esto Es Espania

Address:

32 Hope Street
Liverpool
L1  9BX

Tenure:

Leasehold

Guide Price:

Price including all business fixtures and fittings but excluding stock £99,000

Other Key Points:

  • No business rates payable
  • Capacity for 150 covers
  • Location ideal for trading and footfall
  • Established profitable business
  • New 15-year lease

Location

Additional Information

Introduction

The Esto Es Espania is situated in an ideal location for trading and attracting passing trade being next door to the well-known Grade 1 listed Philharmonic Public House and opposite the world-famous Philharmonic Theatre.

Over the last 5 years this part of Liverpool City Centre has benefited from a number of multi-million-pound investments in luxury apartments, student accommodation, hotels bars and restaurants.  This has helped to attract the many tourists and visitors to this part of the city.

Property Description

The main entrance into the restaurant is on Hope Street with access via an internal staircase down to the dining area.  The restaurant is furnished with some fixed wall seating, loose tables and chairs; the floor is wood throughout.  The interior décor still retains the original brickwork and together with the tasteful Spanish memorabilia and wall mounted artwork a unique Mediterranean atmosphere exists throughout the restaurant.

There are two bar serveries that service the restaurant and are well designed and equipped with back-bar refrigerated bottle beer and wine cabinets, EPOS tills, beer dispense pumps and a coffee machine.  At the rear of the main bar is a wash-up area equipped with glass washing machines and an icemaker. There is also an area set aside for the storage of kegs and bottle beers.

The administration/security office is in this area.

Ladies and Gents’ toilet facilities are available within the restaurant area.

Kitchen

The open designed kitchen is located at the rear of the dining area and is well equipped with a full range of stainless-steel units and equipment.  The kitchen meets all local authority and public health hygiene regulations and has recently qualified for the maximum 5-star standard award, following an inspection by Liverpool City Council.

Fixtures & 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

The restaurant has the benefit of air conditioning throughout, internal and external CCTV and a security alarm system.

Permitted Hours

11.00 a.m. until 04.00 a.m. Monday to Sunday.

Premises License No:  LA110100

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 business has the benefit of a 15-year fully insurable and repairable lease with 5-year rent reviews. The present rent is £40k per annum plus VAT. There are no business rates payable due to it being classed as a small business.

Accounts

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

Guide Price

Price including all business fixtures and fittings and goodwill but excluding all stock £99,000.

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. (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.