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Well Presented Fine Dining Restaurant & Bar For Sale

Liverpool, Merseyside, UK
Asking Price:
£64,995
Turnover:
£126,000
Net Profit:
Available on request

Business
Please quote reference B05311

Hilton Smythe is delighted to introduce to the market 5 Fifty Bistro, an extremely highly rated, restaurant located on Aigburth Road, Liverpool.

The restaurant was originally established over 25 years ago and has been under the careful ownership of our client since 2013, only now does the business come to the market due to our client’s wish to move abroad.

The business offers a menu of modern British food, specials and desserts. The premises benefits from an alcohol licence and offers a choice of quality wines. 5 Fifty Bistro is open 4 days per week for evening meals only. The business is currently run at our clients preferred pace, on part time hours. Therefore, there is ample scope to increase the turnover.

5 Fifty Bistro is situated in the middle of a commercial terrace. The ground floor houses the bar and service area with 32 covers (depending on layout). To the rear of the premises is the commercial kitchen which leads to the rear yard, there is also a storage building in the yard. The basement is used as storage.

The restaurant is fitted to a high standard, with bespoke décor and lighting and modern equipment, creating a warm and inviting atmosphere.

The restaurant boasts an outstanding reputation for offering a fine dining experience with a menu of modern British meals of the highest quality. The 5 star TripAdvisor reviews state ‘This was our second visit to this restaurant and it was just as good as our first. The food was excellent, the service friendly and professional and the bill very reasonable, a great place and we can't wait to return.’ And ‘We went to 5 Fifty Bistro for a family meal and were delighted by the food. The steak and sea bass were incredible. So fresh and delicious. The staff were friendly and welcoming. A must go in Liverpool”.

The restaurant holds an alcohol licence and is currently open for evening meals, though there is ample scope to increase the opening hours and offer a lunch service.

This is a profitable and ready to walk in business opportunity not to be missed. Early viewing is highly recommended as our client is hoping for a quick sale, our client is offering a hand over period to ensure the continued success of the business

Viewings are by appointment only, please contact Hilton Smythe for further information

Location
5 Fifty Bistro is located on Aigburth Road, Liverpool surrounded by a wealth of complimentary shops and businesses, benefiting from a high volume of footfall and passing trade. The business further benefits from free parking in the vicinity.

Aigburth Road is well served by the public transport system, with several bus stops within easy walking distance of the property. The area is also well served by the A-roads within easy driving distance of the business, with links to the M6/M62 motorway network.

Premises
Lower ground

Used as storage

Ground Floor
Open plan restaurant with modern tables and chairs (32 covers) with an option to increase to 50 for private parties.

Equipment included in the sale briefly comprises of:-

Tables, chairs, crockery, extraction system, fridges, large commercial fridge, pot wash sink, dishwasher, commercial ovens, burner gas hob, grill, counter top fryers, stainless steel preparation tables, drinks fridges and wine chillers.

The business is secured with a metal shutter.

Tenure
Leasehold with 9 years remaining on the current lease. Annual rent of £10,000
The business also benefits from being rates exempt.

Hours
Monday Closed
Tuesday Closed
Wednesday Closed
Thursday 6 pm – 10 pm
Friday 6 pm – 10 pm
Saturday 6 pm – 10 pm
Sunday 1pm – 5 pm

Staff
The business is owner ran with the help of 2 staff members.

Financial Profile
The business reports a turnover for the last year of approximately £126,000.

Please quote reference B05311

Property Information

Property:

Leasehold

Contact Hilton Smythe

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