Well-established Chinese Restaurant situated in China Town in Liverpool City Center

8

Liverpool, L1

Price £23,000 pa  - December 2019

Well-established Chinese Restaurant situated in China Town in Liverpool City Center

LOCATION:
The business is situated in the business Knight Street, in China Town, Liverpool. The subject premises occupy a fantastic and highly visible corner trading position with excellent access to major bus, rail, road and motorway links in a densely populated mixed residential and commercial quarter of the vibrant North West city of Liverpool.


DESCRIPTION:
Super opportunity to acquire stylish 40-cover parade restaurant & bar premises and adjoining restaurant area for the provision of additional dining covers if required & 8 bedrooms upper parts. Premises adaptable to host of culinary styles in high footfall city center position. Comes with valuable inventory of equipment included & HUGE scope to develop in fantastic location


USES:
A3 with alcohol license


PREMIUM:
£40,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill


RENTAL:
£23,000 per annum


TERMS:
Available on a 10 years lease


BUSINESS RATES:
Nil. All interested parties are encouraged to make their own enquiries with local authority


SIZE:
Approximately 3433 sq ft


OPENING HOURS:
7 days a week from 12 noon till 10 p.m


STAFF:
Owner managed with 3 staff


UPPER PARTS:
8 rooms currently used by staff. But could be rented out on AST to achieve £1,600 per calendar month


TURNOVER:
Turnover on the current year to reach over £104,000


ACCOUNTS:
Available on viewing


LEGAL COST:
To be confirmed


LOCAL AUTHORITY:
Liverpool


ENERGY PERFORMANCE CERTIFICATE:
Energy Performance Asset Rating is 81: D Rating. A copy of this property’s energy performance certificate is available on request


REFERENCE CHARGE:
London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord


HOLDING DEPOSIT:
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account


FIXTURE & FITTINGS:
Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition


AGENT NOTE:
London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.


2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT


VIEWINGS:
Through London Properties by appointment only

Tenure  : Leasehold

    Additional Details

  • Available From: 05 Dec 2019
  • Reference number: Knight_Street_Liverpool

Property Features

  • Kitchen-Diner
  • Furnished
  • En-suite
  • Furnishing: Furnished
  • Tenure: Leasehold
  • Fridge Freezer
  • Microwave
  • Full Double Glazing
  • Washing Machine
  • Oven/Hob
  • Combi Boiler
  • Class: A3 : Restaurants and cafes
  • Size: 3433

More Information

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