Modern bar and eatery for sale in Southport Merseyside named A Taste of Lord Street

Description

CoGoGo is delighted to bring to the market Corridor Bar & Eatery, a stylish leasehold bar and eatery located on Lord Street, Southport.The business was established 10 years ago and has been under the current ownership for the last 6 years.The business offers a popular mix of tapas, sharing platters, traditional dishes, cocktails, wines, and bottomless dining experiences. It benefits from an established website and active Instagram and Facebook presence, supporting strong visibility and customer engagement.With outdoor seating, strong local appeal, and scope to develop events, private hire, catering, and online promotion, this represents an excellent opportunity for an energetic buyer.LocationLocated on Lord Street, Southport, the business occupies a prominent position within a well-known dining, leisure, and visitor destination.PremisesThe premises comprise a modern bar and dining area with customer facilities, kitchen and service areas, and outdoor seating space.TenureLeasehold. Annual rent is advised at £15,750.HoursMonday to Wednesday: ClosedThursday: 11:00 am - 9:00 pmFriday & Saturday: 11:00 am - 1:00 amSunday: 11:00 am - 12:00 amStaffThe business is currently run by the owner with additional support as required.Financial ProfileThe business generates an annual turnover of approximately £295,000, with an adjusted net profit in the region of £60,000, taking into account current directors’ remuneration.