Back Colquitt Street, Liverpool, Merseyside, L1

Pure Nightlounge is located on Back Colquitt Street, between Wood Street and Seel Street in the heart of Liverpool city centre's Ropewalks area. The venue is surrounded by a host of other bars, nightclubs and pubs in a prime location in the heart of Liverpool's nightlife. It is within easy reach of Bold Street with its array of food outlets, Concert Square which offers lively evening venues and a short distance from Liverpool One shopping area. Pure Nightlounge is a short walk from Liverpool Central and Lime Street train stations.

Pure Nightlounge occupies the ground floor of the Manolis Yard development and is approximately 4,000 square feet. The lock-up premises is stylishly decorated and furnished to a very high standard.

Pure Nightlounge is a luxury setting which is dedicated to R & B and offers an unrivalled VIP experience. The venue is highly popular with partygoers who are attracted to its stylish, boutique ambiance, offering a fusion of music, fashion and lifestyle.

We are advised that net sales are in excess of £625,000 per annum. Full trading information can be provided upon request and with the consent of our client.

The business has its own website: pureliverpool.co.uk and a strong social media following. It is our opinion that this opportunity is suitable for an experienced single or multiple operator and that there is potential for increased sales.

LEASEHOLD £200,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

Pure Nightlounge is held on a part repairing and insuring lease from a private individual for a term of twenty-five years, commencing April 2014. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable, subject to the Landlord's consent.

Rent is £72,000 per annum paid quarterly in advance, subject to five yearly rent reviews. An incoming party will be required to provide a rental deposit to the Landlord of £18,000 in advance. The lease is free of all trade ties.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

A Premises Licence is held for the retail of alcohol. LA070085
Licensed hours:
Sunday to Thursday: 12:00 - 03:00
Friday & Saturday: 12:00 - 04:30

Current opening hours:
Friday & Saturday: 10:00 - 05:00

Mains electricity, water and drainage are connected.

Local Authority: Liverpool City Council.

Rateable value: £63,500.