THE RED HOUSE PUBLIC HOUSE

WITH SUBSTANTIAL PRIVATE RESIDENTIAL ACCOMMODATION
598 PRESCOT ROAD
OLD SWAN
LIVERPOOL L13 5XE

LOCATION

The Red House is ideally situated for trading being located on the corner of Prescot Road and Broadgreen Road, Old Swan. Old Swan is a highly populated area of North East Liverpool.

PROPERTY DESCRIPTION

The business operated from a well maintained and highly visible property which has the extra benefit of a licensed patio area at the rear of the premises.

Ground Floor

The main entrance which is located on Prescot Road leads into a contemporary designed and comfortable lounge/bar area with the floor being part wood and part tiled. The area is furnished with fixed wall seating, loose tables, chairs and stools, there are also a number of high tables and stools. The bar/lounge is serviced by a well equipped servery bar complete with refrigerated bottled beer cabinets, beer dispense pumps, spirit optics and an EPOS till system. A music system has been installed also a number of plasma TVs and a retractable projector screen. To add to the character of the room there are photographs of the local area and other interesting bric-a-brac. Ladies/gents toilets are also located on this floor.

Located at the rear is an outside licensed patio area which is heated and partially covered.

First Floor – Beauty Salon

The first floor accommodates a self-contained ladies beauty salon comprising of a reception, hairdressing and nail treatment area, two sun showers and one sun-bed in three separate cubicles also located in the salon is a ladies WC.

First Floor – Living Accommodation

The living accommodation is both spacious and comfortable providing a well appointed lounge, fitted kitchen, utility room, bathroom/WC and three double bedrooms. There is also an office and a small security room.

A staircase to the first floor is accessed via a security coded internal door situated in the lounge/bar area. There is also an external entrance situated in Broadgreen Road.

General

Both the interior and exterior of the premises has a comprehensive CCTV system using 16 cameras. The premises also has a security alarm system installed.

TRADING HOURS

Monday – Saturday 11.00 a.m. till Midnight
Sunday 12.00 a.m. till Midnight

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

TENURE

The property is let by Scottish Newcastle Enterprises by way of a fully insurable and repairable 3-year roll-on lease. The present rent is £22k per annum and business rates payable 2007/2008 £24,500.

ACCOUNTS

There are certified accounts available to seriously interested parties.

REASON FOR SALE

The present owner wishes to concentrate on other business interests outside of the licensed trade.

AGENTS NOTES

The owner has invested approximately £90k improving both the interior and exterior of the premises, this has resulted in an increase in both the turnover and profitability of the business.

Price including all business fixtures and fittings and goodwill but excluding a number of leased items in the beauty salon and all stock £95,000

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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