Etsu Restaurant

New To Market Property, Featured Property Of The Month

Etsu Restaurant

Address:

28 The Strand
Liverpool
L2 0XJ

Tenure:

Leasehold

Guide Price:

Asking price Including all business fixtures and fittings but excluding stock £235,000.

Other Key Points:

  • Initial 6 Months' Rent Free
  • Prime Location
  • Profitable Business
  • Recently Refurbished

Location

Additional Information

About The Area

This very successful award winning city centre restaurant has been in the same ownership for the last 16 years. Its prime location is within Beetham Plaza, a high-quality apartment building, situated on Brunswick Street which is walking distance to Liverpool’s waterfront and the world famous Three Graces.

The recently refurbished India Building, home shortly to over 4,000 civil servants employed by HMRC is nearby, this will help to increase the already high footfall that pass the restaurant on a daily basis.

Property Description

Recently extended and fully refurbished ETSU can now cater for over 90 covers.  The interior is furnished with loose chairs, tables of various sizes and some booth seating, the floor is part tile and part polished wood.  To create an authentic Japanese atmosphere there is a wide range of Asian and Japanese memorabilia on display.  Also located within the restaurant is a separate Sushi bar serving a wide range of dishes.

The bar servery is well positioned near the entrance of the restaurant and is equipped with refrigerated bottle beer and wine cabinets, a coffee machine and an EPOS till.

The toilet facilities are unisex with 4 cubicles with a separate accessible toilet.

Kitchen

The restaurant’s kitchen is immaculate due to its regular 6 monthly deep clean and is fully equipped with up-to-date equipment which include a fryer station, a cooker top, a dishwash and glass washing area.  The kitchen meets all industry and local authority standards and presently holds the maximum 5* merit award from Liverpool City Council.

Shop

Located inside the restaurant is a self-contained retail shop selling Japanese food, drinks, crockery and gift sets.

Outside Terrace

The well maintained outside terrace area can accommodate over 50 covers and is well furnished with loose tables and chairs.  This area is very popular in the summer months.

Fixtures And Fittings

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

General

ETSU has the benefit of a new air conditioning system, a 16 camera CCTV system, a security alarm system, a fire suppression safety kit over the cooking equipment, a newly installed grease trap, a canopy and extractor fans.

Permitted Hours

09.00 a.m. until Midnight Monday To Sunday

Premises Licence No: LA 060123

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 an original 10-year lease with 5 years remaining. The present rent is £52k per annum a service charge of £886 per quarter with the rateable value being £33,750.

Accounts

There are 3 years audited 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 £235,000.

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.

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

The owners are reluctant sellers but are leaving Liverpool for family reasons and want to pass the reins over to the right buyer who will enjoy the success ETSU has over the last 16 years.

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 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.