Restaurant for sale

Six30 Bar & Bistro, 630 Liverpool Road, Southport, England, PR8 3BH

£50,000

Property Description

Commercial information

  • Business for sale

Key features

  • Affluent Merseyside location
  • Turn key restaurant: 100 covers
  • Garden and large terrace
  • Quality 2 bed owner's apartment
  • Two 2-bed letting apartments
  • Free of tie lease. Freehold option available. Energy Rating C

Full description

Tenure: Leasehold

Description

Substantial three floor detached property of brick elevations, tiled roof and extensive enclosed landscaped gardens to the rear with owners parking for two vehicles to the side entrance.

There are two letting apartments situated on the first floor comprising; open plan living room and kitchen, two bedrooms and two bathrooms. Each apartment has access to a balcony overlooking the rear garden.

Location

The business occupies a prominent position on a main arterial road with heavy passing traffic throughout the day and evening.

Ground Floor

Trading floor space of circa 2,300 sq ft comprises; a large bar, restaurant, kitchen, WCs and storage area. A raised terrace area and extensive landscaped gardens to the rear. The cellar is situated in the basement.

Other Floors

The upper floor area of circa 2,900 sq ft comprises a large self-contained, high spec two bed duplex owner's accommodation plus two further high spec two bed letting apartments (available May 2018).

Tenure

The leasehold includes the restaurant and owner's accommodation. The owner is open to separate negotiation for a rental figure for the two letting apartments.

Freehold option available.

External Details

There are landscaped gardens and a large seated terrace for al fresco dining to the rear with a terrace situated to the front of the premises.

Owner's Accommodation

Situated over two floors comprising; open plan living room and kitchen, two en suite bedrooms. The apartment has recently been refurbished to a very high standard.

The Opportunity

The business has achieved year on year profit growth since its opening. There is a large fully equipped professional kitchen and seating, including the elegant restaurant, bar and garden area for 100 plus covers. The bar area served a range of fine wines together with world beers. The large terrace and landscaped gardens allow for al fresco dining. The business operated on a five day week Tuesday through to Saturday.

Two 2 bedroom letting apartments will be ready for occupancy in May 2018 as holiday lets or alternatively for long term letting, offering a substantial increase in revenue and profit.

Trading Information

Trading information for 2015 shows a net turnover of £284,000 with a gross profit of 64%. Management accounts provided by our client show a turnover of £312,00 for year end 2016, producing a gross profit of 65%.

Business Rates

The Rateable Value is £24,500 with effect from April 2017. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises Licence.


More information from this agent

Nearest stations

  • Ainsdale (0.4 mi)
  • Hillside (1.3 mi)
  • Birkdale (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Manchester

Acresfield St Ann's Square Manchester, M2 7HA

0161 468 3952 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Ainsdale (0.4 mi)
  • Hillside (1.3 mi)
  • Birkdale (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Manchester

Acresfield St Ann's Square Manchester, M2 7HA

0161 468 3952 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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