Restaurant for sale

Liverpool, Merseyside, , L19

£64,995

Property Description

Commercial information

  • Business for sale

Key features

  • Ref:B05311
  • Leasehold

Full description

Business
Hilton Smythe is delighted to introduce to the market 5 Fifty Bistro, an extremely highly rated, restaurant located on Aigburth Road, Liverpool.


The restaurant was originally established over 25 years ago and has been under the careful ownership of our client since 2013, only now does the business come to the market due to our client’s wish to move abroad.


The business offers a menu of modern British food, specials and desserts. The premises benefits from an alcohol licence and offers a choice of quality wines. 5 Fifty Bistro is open 4 days per week for evening meals only.  The business is currently run at our clients preferred pace, on part time hours.  Therefore, there is ample scope to increase the turnover.


5 Fifty Bistro is situated in the middle of a commercial terrace.  The ground floor houses the bar and service area with 32 covers (depending on layout). To the rear of the premises is the commercial kitchen which leads to the rear yard, there is also a storage building in the yard. The basement is used as storage.


The restaurant is fitted to a high standard, with bespoke décor and lighting and modern equipment, creating a warm and inviting atmosphere.

The restaurant boasts an outstanding reputation for offering a fine dining experience with a menu of modern British meals of the highest quality.  The 5 star TripAdvisor reviews state ‘This was our second visit to this restaurant and it was just as good as our first.  The food was excellent, the service friendly and professional and the bill very reasonable, a great place and we can't wait to return.’ And ‘We went to 5 Fifty Bistro for a family meal and were delighted by the food. The steak and sea bass were incredible. So fresh and delicious. The staff were friendly and welcoming. A must go in Liverpool”.

The restaurant holds an alcohol licence and is currently open for evening meals, though there is ample scope to increase the opening hours and offer a lunch service.

This is a profitable and ready to walk in business opportunity not to be missed. Early viewing is highly recommended as our client is hoping for a quick sale, our client is offering a hand over period to ensure the continued success of the business


Viewings are by appointment only, please contact Hilton Smythe for further information

Location
5 Fifty Bistro is located on Aigburth Road, Liverpool surrounded by a wealth of complimentary shops and businesses, benefiting from a high volume of footfall and passing trade. The business further benefits from free parking in the vicinity.

Aigburth Road is well served by the public transport system, with several bus stops within easy walking distance of the property. The area is also well served by the A-roads within easy driving distance of the business, with links to the M6/M62 motorway network.



Premises
Lower ground


Used as storage


Ground Floor
Open plan restaurant with modern tables and chairs (32 covers) with an option to increase to 50 for private parties.


Equipment included in the sale briefly comprises of:-


Tables, chairs, crockery, extraction system, fridges, large commercial fridge, pot wash sink,  dishwasher, commercial ovens, burner gas hob, grill, counter top fryers, stainless steel preparation tables, drinks fridges and wine chillers.


The business is secured with a metal shutter.

Tenure
Leasehold with 9 years remaining on the current lease. Annual rent of £10,000
The business also benefits from being rates exempt.



Hours
Monday               Closed 
Tuesday               Closed 
Wednesday          Closed 
Thursday             6pm – 10pm 
Friday                 6pm – 10pm 
Saturday             6pm – 10pm
Sunday               1pm – 5pm



Staff
The business is owner ran with the help of 2 staff members.



Financial Profile
The business reports a turnover for the last year of approximately £126,000.




Nearest stations

  • Cressington (0.3 mi)
  • Aigburth (0.5 mi)
  • West Allerton (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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

  • Cressington (0.3 mi)
  • Aigburth (0.5 mi)
  • West Allerton (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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.

Disclaimer - Property reference B05311. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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