CAESARS PALACE RESTAURANT
5/9 RENSHAW STREET
LIVERPOOL L1 2SA
LOCATION
Caesars Palace Restaurant is ideally located for trading being situated on the junction of Renshaw Street and Mount Pleasant, Liverpool city centre. It is directly opposite Lewis’s department store and 100 yards from the Adelphi Hotel.
PROPERTY DESCRIPTION
The restaurant operated from highly visible premises and enjoys the considerable commercial advantage of a prominent main road trading location. The pedestrian footfall is exceptionally high due to the main bus route passing the premises.
Ground Floor – Dining Area
The restaurant´s main entrance is located on Renshaw Street and leads into a spacious dining area the décor of which is Italian marble creating a Roman palace theme. It is furnished with loose marble topped tables and upholstered chairs. Also located in the dining area is a servery counter which dispenses a full range of coffee drinks and ice cream. The dining area caters for approximately 200 covers.
Ladies, gents and disabled toilets (with baby changing facilities located in the disabled toilets) are located in this area.
Ground Floor – Bar
The bar area is furnished with leather fixed wall seating, loose tables, chairs and a number of high bar stools. The bar servery is well equipped and complete with refrigerated bottled beer cabinets, beer dispense pumps, spirit optics and an EPOS till system.
Ground Floor – Kitchen
The ground floor kitchen is well equipped to a high standard with an extensive range of catering equipment and fitments. It meets all local authority and hygiene requirements.
First Floor – Dining Area
This area is accessed via an internal spiral staircase and comprises of loose marble topped tables, upholstered chairs and fixed wall seating and a well equipped bar servery with an EPOS till system. The dining area can cater for approximately 150 covers.
Ladies and gents toilet facilities are located on this floor.
First Floor – Kitchens (2)
The 2 kitchens are equipped to a high standard and meet all local authority and hygiene requirements.
Basement
This area is accessed by an internal staircase and comprises of a large office, staff toilets and recreation area, refrigerated beer storage area and a dry goods area.
TRADING HOURS
10.30 a.m. till 11.00 p.m. 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 35-year lease with 28 years remaining. The present rent is £94k per annum which is reviewed every 5 years. Business rates payable 2008-2009 are £30k per annum.
ACCOUNTS
There are management accounts available to seriously interested parties.
AGENTS NOTES
A recent press announcement from Liverpool City Council stated that a new multi-million pound development around the Renshaw Street area will commence within the next 2 years and will be known as Central Village. This development will include retail, commercial and residential properties and will obviously benefit the future of the Caesars Palace Restaurant.
Price including all business fixtures and fittings and goodwill but excluding all stock £475,000
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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