The Other Place
Address:141-143 Allerton Road
Liverpool, L18 2DD
£60,000 including all business fixtures and fittings
Other Key Points:
- Established over 30 years
- Excellent location
- Famous for live music
- An opportunity to own an iconic venue
Over the last 30 years so many bars and restaurants have come and gone on Allerton Road, but The Other Place has remained under the same ownership from its conception and to this day is still trading and remains as popular as ever.
About The Area
The Other Place is situated on Allerton Road, Mossley Hill which is a highly populated and affluent area of South Liverpool. The bar enjoys a considerable commercial advantage with a high level of passing trade due to its prominent trading location.
Please Note: Liverpool City Council has introduced a bye-law restricting any further applications for new premises licenses on Allerton Road.
The main entrance leads into the bar area which is furnished with a mixture of loose tables, chairs and high bar stools. The decor is bright and of a quirky design with a selection of interesting wall mounted memorabilia.
The bar servery is equipped with bottle beer cabinets, a selection of beer dispense pumps and an EPOS till.
There is an ancillary area at the rear which acts as a beer store and general storage area.
At the rear of the ground floor is an outside beer garden/function area which is furnished with loose tables, chairs and stools. The quirky nature of the indoor decor is also prominent in this area.
First Floor - Bar / Dance Area
Accessed via an internal staircase this bar is mainly used for live music and invited DJs. It is furnished with high tables and high bar stools. The bar servery is well equipped with beer cooling cabinets, beer dispensing equipment and an EPOS till.
Ladies and gents toilet facilities are located on this floor together with an administration office.
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.
The Other Place has the benefit of internal/external CCTV, a security alarm system and gas central heating.
10 a.m. until Midnight Monday to Sunday
Front pavement area also licensed from 10.00 a.m. until Midnight Monday to Sunday.
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.
The bar has the benefit of an original 25-year lease with 16 years remaining. The present rent is £20k per annum and is reviewed every 5 years. Business rates payable 2018/19 £5,400.
There are management accounts available to seriously interested parties following a formal arranged viewing.
Reason For Sale
Including all business fixtures and fittings and goodwill but excluding all stock £60,000.
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.
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.