FOR SALE
04/08/23
517625
Maggie Mays Café Bar / Rightbiz
INTRODUCTION
Maggie Mays Café Bar has been under the same family ownership and trading successfully on Bold Street, Liverpool City Centre for over 30 years. The owners have now decided to retire and for this reason are selling the business.
LOCATION
Maggie Mays is perfectly located for trading being in a prominent position on Bold Street, Liverpool City Centre. Over the last five years Bold Street has become the most popular area in the city for eating out, its many bars and restaurants provide food and drink from all corners of the world. Bold Street location also has the trading advantage of a high level of footfall due to the many tourists, local shoppers and students who visit the area on a regular basis. See location map below.
PROPERTY DESCRIPTION
Ground Floor – Customer Capacity 80 Plus
The café bar’s main entrance is on Bold Street and leads into the dining area which is furnished with loose tables and chairs. The interior décor is well maintained with a high decorative standard and the floor is tiled throughout. There is a selection of local photographs and artwork displayed throughout the dining area which helps to create a warm family atmosphere.
There is also a customer entrance at the rear of the property on Wood Street.
Kitchen
The kitchen is well located for service and is well equipped with a full range of fixtures and fitments and meets all public health requirements and has been awarded by Liverpool City Council a 5 star merit award.
Bar Servery
The servery is equipped with back-bar refrigerated bottle beer and wine cabinets, a coffee machine and an EPOS till.
There is an accessible toilet located at the rear of the ground floor.
First Floor – Customer Capacity 20 Plus
This area is accessed via an internal staircase which leads up to ladies and gents’ toilet facilities. There is also a function room which is used for private parties and on occasions for the overspill from the ground floor. It is fully furnished with loose tables, and chairs and a small bar. The décor is of a very high standard.
FIXTURES AND FITTINGS
All fixtures and fittings are to be included in the sale. Any items that are owned by a third party or personal to our clients will be exempt.
GENERAL
The business has the benefit of external seating on Bold Street for twelve covers, air conditioning throughout, internal and external CCTV, mains gas supply and WiFi.
PERMITTED HOURS
Monday to Saturday 10.00 a.m. until Midnight
Sunday 12 Midday until 11.030 p.m.
Premises License No: LA051168j
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
An Energy Performance Certificate is being prepared by our client and will be made available to prospective purchasers in due course.
TENURE
The business has the benefit of a new 15-year lease with 5-year rent reviews. The present rent is £44k per annum increasing £4k each year until it reaches £60k when it will be reviewed. Business rates payable 2023/2024 £5308.00.
ACCOUNTS
There are 3-year audited accounts available to seriously interested parties following a formal accompanied viewing.
GUIDE PRICE
Price including all business fixtures and fittings and goodwill but excluding all stock £250,000
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 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. (2.) 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. (3.) 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.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'PROPERTY UNDER OFFER Maggie Mays Café Bar, Bold Street, Liverpool - Maggie Mays Café Bar / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.