WOODWARDS BAR

16 CHAPEL LANE
FORMBY
MERSEYSIDE L37 4DU

LOCATION

Woodards Bar is ideally situated for trading being located on Chapel Lane, in Formby Village. The bar is well established and enjoys a high volume of passing trade. Formby is situated approximately 5 miles from the town of Southport and 9 miles from the city of Liverpool. (See location map). Over the last 4/5 years Formby Village has developed into a sort after location for bars and restaurants.

PROPERTY DESCRIPTION

The business operates from a highly visible and well maintained premises which enjoys the commercial advantage of a prominent trading position and also has the benefit of a pavement licence which allows the business to cater outside for approximately 20 covers.

Ground Floor

Entrance into the bar is via double fronted glass doors. The bar area is furnished with contemporary designed furniture comprising of loose wooden tables and cream leather chairs, suede lounge chairs and stools, fixed booth seating areas and a number of high leather bar stools there are also 2 wall mounted plasma TVs. To add extra ambiance to the bar there are a number of attractive chandeliers and modern paintings. The bar servery is well located and equipped with refrigerated bottled beer cabinets, beer dispense pumps, spirit optics, a coffee machine and an EPOS till.

Ladies, gents and disabled toilet facilities are located at the rear of the ground floor.

A refrigerated keg and bottled beer store and a general storage area are situated at the rear of the premises.

First Floor

The first floor area is let by a separate lease agreement, the rent being £6k per annum; it comprises of a fully equipped office and extra storage facilities.

General

Woodwards has air conditioning in all public areas, a full CCTV and security system and full gas central heating.

TRADING HOURS

08.00 a.m. – Midnight Monday to Sunday

Licensed Trade Associates has not examined any licence documentation and any future buyer must arrange with their solicitors to verify this information.

ENERGY PERFORMANCE CERTIFICATE

In course of preparation.

TENURE

The property is let by way of a fully insurable and repairable 10-year lease with 6 years remaining plus a further option for 10 years. The present rent is £24k per annum and is reviewed every 5 years. Business rates payable 2009/10 are £8,500.

ACCOUNTS

There are certified trading accounts available to seriously interested parties.

REASON FOR SALE

The owners wish to concentrate on other interests outside of the licensed trade.

Price including all business fixtures and fittings and goodwill but excluding all stock £150,000

VIEWING AND CONFIDENTIALITY

All arrangements to view are strictly by appointment through Mr Bob Collins and no approaches whatsoever must be made to the owner or the business. For an appointment to view please telephone Bob Collins on 07721 329999.

AGENTS NOTES

Prospective purchasers should make their own enquiries as to the adequacy and present condition of all service installations and related equipment at the property, whether or not referred to in these particulars. Licensed Trade Associates for themselves, and the vendors or lessors of this property, whose agents they are give notice that- (1.) The particulars are set out as a general outline only, for guidance to intending purchasers or lessees, and do not constitute either in whole or part of an offer or contract. (11.) All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given without responsibility and intending Purchasers or Tenants should not rely on them as statements or representation of fact but must satisfy themselves by inspection or otherwise as to the correctness of same. (111.) No persons in the employment of Licensed Trade Associates has any authority to make or give any representation or warranty whatsoever in relation to this property. All prices are quoted exclusive of VAT unless otherwise indicated.

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