Liverpool, Merseyside, ID 149571
Established city centre late night bar On club/bar circuit Ropewalks area of Liverpool Capacity: 750 Opportunity for significant investment Net sales approximately £900,000 per year Ink Bar is located on Wood Street and St Peters Square, in the heart of Liverpool city centre. The property is surrounded by numerous bars, clubs, and other late night venues, within walking distance of Concert Square, Bold Street, and Liverpool One shopping centre. The area attracts a large number of partygoers, both local residents and visitors from other cities. Wood Street benefits from convenient access to Liverpool Central and Lime Street train stations, as well as a comprehensive local public transport network. The bar occupies the ground floor and covers over 7,000 sq ft of the Tea Factory development, a former tea warehouse converted into a mixed-use complex in 2000. LEASEHOLD: £200,000 to include goodwill, fixtures, and fittings. Stock to be valued separately. Ink Bar is held on a part repairing and insuring lease from a private landlord, for a term of fifteen years commencing October 2022. The lease falls under 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, with five-yearly rent reviews, the next due in October 2027. The incoming party will be required to provide a rental deposit of £34,750 in advance. The lease is free of all trade ties. No direct approach should be made to the business; all enquiries must be directed through Sidney Phillips. Viewing strictly by appointment only. A Premises Licence is in place for the retail of alcohol: 12:00 - 05:30 Current opening hours: Friday & Saturday: 10:00 - 03:00 Mains electricity, water, and drainage are connected. Local Authority: Liverpool City Council Rateable value: £70,750
