Heritage Restaurant

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Heritage Restaurant

Address:

40 Castle Street
Liverpool
L2 7LA

Tenure:

Leasehold

Guide Price:

Including all business fixtures, fittings and goodwill but excluding all stock £100,000.

Other Key Points:

  • Sort after location
  • Established business
  • 60 Covers + 16 Covers outside
  • Excellent reputation

Location

Additional Information

About The Area

The Heritage Restaurant occupies one of the most sort after locations within Liverpool City Centre. Over the last 3 years, Castle Street has been transformed into a pedestrianised area boasting a wide range of restaurants and bars. The Heritage opened approximately 2 years ago and has developed into a profitable and popular venue within the city.

Location

The Heritage is situated in a promiennt loction in Castle Street and benefits froma high level of passing trade. Castle Street runs between Dale Street and Lord Street, the city's Town Hall is approximately 200 metres away and the restaurant is close to the popular and successful Liverpool One shopping area.

Property Description

Ground Floor - 30 Covers

The entrance to the restaurant is on Castle Street and leads into the main dining area which is furnished with loose tables, charis and stools. The decor is of a colourful and modern design.

The bar servery is equipped with a coffee machine, bottle beer and wine refrigerated cabinets, beer pumps and an EPOS till.

Disabled and baby changing facilities are located on this floor.

The bar servery is well positioned and designed and is equipped with back-bar refrigerated bottle beer and wine cabinets, spirit optics, beer dispense pumps and EPOS tills.

Ladies and Gents toilets facilities are located at the rear of the ground floor.

Mezzanine Level - 30 Covers

Access via an internal staircase this area is furnished with loose tables and chairs and some fixed wall seating. The decor is similar to the ground floor area.

Lower Ground Floor – Kitchen

Access to the kitchen is via an internal staircase which is equipped with a full range of fittings and equipment and meets all local authority and public health hygiene regulations. It has recently been awarded a 5* rating from Liverpool City Council.

There is additional storage space for dry goods, wines and spirits in this area.

Ladies and Gents toilet facilities are located on this floor.

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 there are no items on a lease rental basis.

Other Details

Heritage Restaurant has the trading benefit of a pavement licence for 16 covers. Internal and external CCTV, gas central heating and a security alarm system.

Permitted Hours

09.00 a.m. until Midnight 7 days per week. Premises Licence No. LA1170121

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 Details

The Heritage has the benefit of a 10-year lease with 5 years and six months remaining the present rent is £35k per annum plus VAT. Business rates payable 2022/23 £6300.00.

Accounts

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

Reason For Sale

The present owners wish to concentrate on other business venture outside the hospitality business.

Price Details

Price including all business fixtures and fittings and goodwil but excluding all stock is £100,000

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.