Slaters Bar - Sold

This Property Has Sold!

Slater's Bar

Address:

26 Slater Street
Liverpool, L1 4BS

Tenure:

Leasehold Property

Guide Price:

£75,000 including all business fixtures and fittings

Other Key Points:

  • Excellent trading location
  • Established profitable business
  • Recently refurbished
  • 4 a.m. Premises Licence 7 days a week.

Location

Additional Information

Introduction

Slater’s Bar has been in the same family ownership for over 20 years, during this period the bar has maintained its reputation for excellent service and the continuous high quality of its range of beers and lagers. This has resulted in a loyal customer base, a high level of passing trade, visitors to the city and many students from the local universities.

About The Area

The bar occupies a prominent position on Slater Street, Liverpool City Centre. Over the last 5 years this area has been completely transformed with the building of new hotels, restaurants, bars and quality apartments. Slater’s Bar is a two minute walk to Concert Square, one of Liverpool’s most popular areas for bars and restaurants.

Property Description

Ground Floor

The main entrance into the premises is on Slater Street and leads into the bar area which is furnished with loose high tables, high bar stools and fixed wall seating; the floor is parquet covered throughout. The interior décor is of a high standard with a number of wall mounted plasma TV screens.

The Servery is located at the rear of the bar and is well equipped with bottled beer refrigerated cabinets, beer dispense pumps, spirit optics, EPOS tills and a glass washer.

Gents toilet facilities are located in the bar area. Ladies facilities are situated on the first floor.

Basement Area - Function Suite - Capacity Approx. 50 Covers

Accessed via an internal staircase this area comprises of a fully fitted bar servery, and is furnished with loose tables, chairs and fixed seating. Gents toilet facilities are located in this area.

First Floor – Living Accommodation

The living accommodation is accessed by an internal staircase and comprises of 2 bedrooms, a lounge, kitchen and bathroom/WC. The accommodation area is in need of redecoration.

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.

Other Details

Slater’s benefit by having internal/external CCTV, a security alarm system, security shutters and gas central heating.

Permitted Hours

Monday to Sunday 09.00 a.m. until 04.00 a.m.

Premises Licence number LA050641

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

Slater’s Bar is leased from the Star Pub Company on a 20-year lease with 7 years remaining. The present rent is £52k per annum including VAT and is reviewed every 5 years. Business rates payable 2020/21 is £1,300 per calendar month.

The trading with tie with the Star Pub Company obliges the tenant to purchase 100% draught beers and lagers. They are free to buy all bottled and canned beers, spirits, wines and soft drinks from any other supplier.

Accounts

There are 3 years audited accounts available to seriously interested parties following a formal accompanied viewing.

Price Details

Including all business fixtures and fittings and goodwill but excluding all stock £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

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.