103-105 Allerton Road, Mossley Hill, Liverpool L18 2DD Guide Price

103-105 Allerton Road, Mossley Hill, Liverpool L18 2DD Guide Price

LOT 103-105 Allerton Road, Mossley Hill, liverpool l18 2DD 17 COMMERCIAL INVESTMENT guiDE PRicE £225,000+ A high street restaurant investment currently producing £26,500pa. The premises comprise a ground floor bar servery area with various internal seating, tables and chairs for approximately 20 seats/ corners with rear kitchen preparation area. The first floor provides an open plan restaurant capacity for approximately 50 covers and staff/storage room and ladies/gents toilets. The premises are fully fitted and refurbished and currently let to Manic Promotions Limited on a 10 year lease from the 24th May 2011 at a rent payable of £26,500 per annum with 5 yearly rent reviews. Situated On Allerton Road within a well note We are advised that the established suburban shopping area. There tenant has exercised the option to are a number of restaurants and bar premises break with effect from April 2014. in Allerton Road including Fung Lok, La Scala, Lefteris Taverna, The Other Place, La Bussola, EPc Rating C Augergine Cafe, Costa Coffee. Allerton Road services the surrounding residential population of Mossley Hill, Childwall, Woolton and Allerton. number 100020449 Licence reserved. rights 2011. All Copyright SurveyOrdnance © Crown Allerton Road also provides a main arterial route Not to scale. For identification purposes only to Liverpool city centre linking with Queens Drive at the A5058 and Smithdown Road (A562) and South Liverpool. No PreseNt Lease accommodatioN Lease term curreNt reNt Notes 103-105 Manic Promotions Ltd Ground Floor: Restaurant /Bar Area, From 24th May 2011 on a £26,500 pa There is a personal guarantee for the duration of the lease and kitchen 70.22m2 (755.84 sq.ft) 10 year lease with 5 yearly a rent deposit deed is held for the first 3 years of the term at a rent reviews. one quarter rental. First Floor: Restaurant Area, store, staff room 116.52m2 (1254.21 sq.ft) Current rent reserved £26,500pa www.suttonkersh.co.uk Please note there is a £400 (plus VAT) buyer’s administration charge on each lot purchase 23.

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