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Highly Successful & Lucrative Licensed Lounge Bar/ Grill and popular Function Venue
Prominent main road trading position, operates just 4 days per week, genuine potential
Average wt £10,000 (plus) with high profit margins, operates just 4 days per week only
Excellent reputation, superbly presented premises, valuable modern equipment
Reference - 47853
Description This is an exciting opportunity to acquire a well known and highly successful licensed Lounge Bar/ Grill and function venue which is situated within the bustling city of Liverpool. Pablinos Bar and Grill occupies a prime trading position on the main (A562) commuter route at the heart of a densely populated area of commercial and residential dwellings ensuring the area is a hive of activity throughout the day attracting high levels of regular repeat and passing trade. Having successfully operated within the locality since 2014, Pablinos has established a truly enviable reputation with impressive on-line reviews, boasting an extensive and loyal customer base with regular referrals and recommendations. Pablinos operates from an imposing, modern double fronted property offering deceptively spacious ground floor lock up business accommodation which is superbly presented with stylish décor and furnishings creating a welcoming environment. Pablios is a thriving and highly lucrative business yet still offers terrific scope for future growth and development. The business therefore represents a fantastic investment for an ambitious operative who can continue to build on the solid foundations that have been laid, exploiting the true potential and enjoying the lifestyle and financial rewards a business of this stature generates quite literally on a daily basis. Alternatively, the businesses would also prove to be a first class addition for an experienced group operative who already have a strong presence within the licensed and leisure sector. To fully appreciate this excellent business opportunity, viewing is highly recommended to avoid disappointment.
Turnover £7,000 - £13,000 approximately per week.
Accounts Current records and accounts can be inspected when viewing.
Staff Managed by the owners with full/part time staff.
Building External The highly visible and imposing double fronted unit provides spacious and versatile ground floor lock up business accommodation
Building Internal The welcoming open plan lounge bar/ dining area is light and airy, with stylish comfortable sofas and five booths providing seating for up to 35 people. The lounge bar has stylish, contemporary décor and quality furniture creating a relaxed environment. Located to the rear of the property there is a private dining room providing 36 covers which is extremely popular for parties, functions, events etc. There are ladies, gents, and accessible toilet facilities. The well appointed 5 star food hygiene rated commercial kitchen is fitted to a high standard with a comprehensive range of valuable catering equipment which has been well maintained. Externally there is a smoking patio area to the rear.
Residential Accomodation There is no residential accommodation for owners/management available.
Tenure We are advised that the property is held on a 30 year lease which commenced in 2014. The annual rent is £20,040 exclusive (correct as advised on 03/06/20). Rent reviews are at 5 yearly intervals.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary This is a fantastic opportunity to acquire a thriving and highly lucrative businesses occupying a prime trading location and boasting an excellent reputation. To avoid disappointment, viewing is highly recommended.
For more information about this property, please contact Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)
Contact Kings Business Transfer about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.