Restaurant Premises (Previously INEK)

This Property Has Sold!

Restaurant Premises (Previously INEK)

Address:

130 Duke Street
Liverpool, L1 5AG

Tenure:

Leasehold

Guide Price:

There is no premium on this property and currently an annual rent of £75,000.

Other Key Points:

  • No premium
  • New 15 Year Lease
  • 120 Covers - 4,440 sq. ft
  • Excellent trading location
  • Fully equipped

Location

Additional Information

About The Area

The restaurant is located on Duke Street which is within the popular Rope Walks area of Liverpool city centre.  The property forms part of the East Village development which comprises of a number of well-established restaurants and over 250 furnished apartments.

Property Description

Ground Floor - Capacity 120 Covers

There are two entrances leading into the restaurant, the main one being on Duke Street, the second entrance is situated at the rear of the courtyard area. Both entrances lead into the main dining area, which is furnished with loose and chairs, the floor is tiled throughout. Within the dining area is a fully equipped barbeque kitchen/servery. Located at the side of the dining area is the restaurant’s bar servery and is well equipped with bottled beer cooling cabinets, a glass washer, EPOS tills and draught/lager dispensers.

Toilets comprising of ladies, gents and accessible facilities.

Basement

Accessed via an internal staircase the basement comprises of a large kitchen area fully equipped with a full range of fittings and equipment. There is a number of food preparation rooms and ample storage for fresh and dry goods. A dumb waiter is installed to send the prepared food from the kitchen to the dining area.

An administration office, staff toilets and changing rooms are located in the basement area.

Fixtures And Fittings

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

General

The restaurant has the benefit of air conditioning throughout, gas central heating, interior/exterior CCTV and a security alarm system.

Permitted Hours

Monday to Sunday, 11.00 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

A new 15-year lease will be offered with an annual rent of £75k which will be reviewed every 5 years. There is a service charge of £6k per annum and business rates payable 2021/22 approximately £26k.

Accounts

There are no accounts available due to the restaurant being closed.

Guide Price

There is no premium on this property and currently an annual rent of £75,000.

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

No premium is required to lease this well designed and equipped restaurant and a rent-free period will be considered.

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.