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Newly Refurbished Restaurant - Central Liverpool For Sale

Liverpool, Merseyside, UK
Asking Price:
£199,950 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Newly Refurbished Restaurant - Central Liverpool
Currently Turkish Cuisine But can Be Used For Any Other
Iconic Hospitality Address
Capacity For Approx 120 Covers Across Three Floors
Professional Catering Kitchen
High Quality Fixtures and Fittings
First Floor Private Dining Area
Cocktail Bar Lower Level
Alcohol Licence In Place
Fantastic Online Reviews
Fully Fitted With CCTV
Scope For Longer Opening Hours
Potential For Breakfast Service
Scope To Open Seven Days
EPC - C

REF 7871 – Newly Refurbished Restaurant - Central Liverpool

Blacks Brokers are pleased to bring to the market this leasehold Newly Refurbished Restaurant - located Central in Liverpool, Merseyside.

INTRODUCTION

Elite 60 was established by our client in this bustling and sought after area of Liverpool in 2021, however a similar business had been operating here since the nineties and 60 Hope Street is known to be one of the most famous hospitality addresses in the city. The business offers a stunning range of a la carte food, specially selected wines and freshly made cocktails. It has quickly become very well known in this area and has a strong base of regular customers in place in addition to benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Trip Advisor. Elite 60 Ltd has a comprehensive website in place and a strong social media following.

LOCATION

Elite 60 is a Turkish Bar & Grill restaurant, which occupies an iconic building within an attractive parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers and large multiples. There are also a number of attractions nearby including Liverpool Cathedral, The University Of Liverpool, The Georgian Quarter and much more. The area is well linked by the M62 with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a ten year lease which began in 2021 at a cost of £1,057 per week.

STAFF

The business operates with nine members of staff in employment.

FINANCIAL DETAILS

Elite 60 has traded solidly since opening and our client has established a strong repeat customer base. Full financial information is available upon request.

SUMMARY

This established business occupies an enviable trading position in a famous area of Liverpool. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with a new marketing strategy, seven day opening and potentially a breakfast service. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON: CLOSED
TUE - SUN: 12:30 - 23:00

Contact Blacks Business Brokers

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