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Wood Street, Liverpool, Merseyside, L1

Offers in Excess of
£50,000

Business rates & charges may apply

Sidney Phillips Limited, North West
SIZE

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SECTOR

Bar / nightclub for sale

Key features

  • Established city centre late night bar
  • On club/bar circuit
  • Ropewalks area of Liverpool
  • 750 capacity
  • Subject to substantial investment
  • Net sales in region of £900,000 per annum
  • SELLER REF 96076

Description

Prime House and R&B nightclub/bar in the heart of Liverpool city centre currently trading just 2 nights per week and targeting an R&B audience, this site offers prime location and opportunity for an incoming operator to acquire the full brand and continue as is or change direction and rebrand. We are of the opinion the site would also suit a public house operator looking to expanding opening days due to the versatile layout.

Ink Bar is located on Wood Street and Fleet Street in the heart of Liverpool's Ropewalks area. The business is surrounded by other bars, clubs and late-night venues and is within walking distance of Concert Square, Bold Street and Liverpool One shopping centre. The area offers a busy and bustling atmosphere, attracting partygoers from across the UK. Wood Street is easily accessible from both Liverpool Central and Lime Street train stations and there is a good public transport system in the area.

Ink Bar is situated on the ground floor and spans over 7,000 square ft of the Tea Factory development, a former tea warehouse which was converted to a mixed use development in 2000.

MAIN ENTRANCE on St Peter's Square with VESTIBULE leading to an open-plan, split-level trade area which includes a raised VIP bar with BAR SERVERY, nonslip flooring and CLOAKROOM. The MAIN BAR AREA features split-level, enclosed seating areas with loose and booth seating, a sizeable 'L' shaped bar servery with granite top and a fully-equipped stainless steel back bar with shelving. DJ booth, feature lighting and sound systems and an additional VIP area with sofa seating and tables. Multiple TV screens around the bar. Graffiti/tattoo themed décor throughout the trade areas.

LADIES', GENTLEMEN'S and DISABLED ACCESS TOILETS offset.

The back of house features a STOREROOM with two walk-in fridges, a cleaning cupboard, a CCTV ROOM, a STAFF ROOM with WC and a small amp room.
Behind the main bar is the ON LEVEL CELLAR. WASH AREA. Trade access onto Wood Street. Additional STAFFROOM and CASH OFFICE.

External
Enclosed smoking area to the front of the property.

Ink Bar is an established R&B/House late night venue and bar which hosts DJs and offers VIP packages in stylish surroundings. The premises has been well-invested in over recent years. The business currently operates 2 nights a week which offers potential for expansion. It currently sees turnover in the region of £900,000 per annum. Full trading information can be made available upon request and with the consent of our client.

The business has its own website: inkbarliverpool.co.uk and a strong social media following.

LEASEHOLD Offers Over £50,000 to include goodwill, fixtures and fittings. Stock at valuation in addition. 

Ink Bar is held on a part repairing and insuring lease from a private individual for a term of fifteen years, commencing October 2022. The lease falls within the security provisions of the Landlord & Tenant Act 1954 and is fully assignable. Rent is £11,179.01 per calendar month inclusive of VAT and service charge, subject to five yearly rent reviews, the next due in October 2027. An incoming party will be required to provide a rental deposit to the Landlord of £34,750 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
12:00 - 05:30

The Business is currently closed however historic opening hours were
Friday & Saturday: 10:00 - 03:00.

Mains electricity, water and drainage are connected.

Local Authority: Liverpool City Council.

Rateable value: £70,750.

Brochures

Wood Street, Liverpool, Merseyside, L1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Liverpool Central Station0.2 miles
  • Liverpool Lime Street Station0.3 miles
  • James Street Station0.6 miles

About Sidney Phillips Limited, North West

North West

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 96076. 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 Sidney Phillips Limited, North West. 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.