Restaurant/cafe for sale in Southport, England, United Kingdom PR9

Business
Please quote reference B07979

CoGoGo are delighted to welcome to the market Hoghton Lounge Bar, a highly rated strong standing cafe in Southport.

The business was established over 20 years ago and came under our careful ownership in 2019, who have continued the success and built up an excellent reputation and loyal, regular customer base.

The business now comes to the market reluctantly due to our clients family commitments.

Over the last 5 years, the business has become well known for their great hospitality of friendly staff and ambient, welcoming atmosphere.

They proudly stand with their award for their delivered Afternoon Teas, have received a Local Neighbourhood Recognition Award and have invariably been Trip Advisor's Traveller choice.

Hoghton Lounge Bar produces freshly made, home cooked food and cakes to go along with their coffees, teas and luxury milky hot chocolates. The business is open 7 days a week holding an alcohol license offering a range of beers, spirits and wines.

The business is occasionally booked for hire for family gathering, special occasions and private functions where they are given many menus to choose from for their own tailored catering for the event.

The business also holds outside catering contracts for numerous business and has regular bookings.

Key selling points:

• Well established


• Great location


• Small business


• Close to many local amenities


• Fully fitted


• Attractive business


• New lease to be granted by landlord

This turn-key business is being sold with all fixtures and fittings included and is an ideal opportunity for anyone wanting to be hands-on or hands-off.

Scope for development:

• Extend opening hours


• Increase business advertisement


• Provide a takeaway service


• Explore delivery offerings from the likes of Just Eat, Uber Eats and Deliveroo etc


• Supply meals to local residents

Location
Hoghton Lounge Bar is located in Southport, Merseyside surrounded by passing trade.

Premises
The cafe seats 40 covers inside and has a paved front area that seats 20 covers.

This is complimented with tall planters and outside ambient lighting.

Tenure
The business is being sold on Leasehold basis with 6 years remaining on the lease.

The current rent is £1122.48 per month.

We are advised a new Lease is to be granted by Landlord.

Hours
The current trading hours are:

Monday to Saturday - 9:00am to 5:00pm

Sunday - 9:00am to 3:00pm

Staff
The business is run and managed by our clients with the help of 6 staff members, 2 being full time and 4 being part time.

Financial Profile
The business generates £3,500 per week. Full financials can be made available upon further request.