- Business ID: 3127
- Price: £2,200,000 + SAV
- Annual Turnover: £522,000
- Business Category: Hotels & Guest Houses
- Location: Merseyside
- Tenure: Business & Property
- Living Accommodation: Yes
- EPC Rating: C
Sovereign are delighted to bring to the market this exciting hospitality opportunity in Kirkdale, combining a thriving café / bar operation with a brand new 12-bedroom boutique hotel currently nearing completion. The business enjoys a convenient location close to Everton’s football ground and is within easy walking distance, offering excellent potential to capture match-day, event and visitor trade.
The business presently trades as a welcoming café and bar, attracting a loyal and growing customer base, with weekly sales currently circa £5,000 and increasing week on week as reputation and footfall continue to build. This provides an excellent platform for a new owner to step straight into a proven and growing hospitality business.
Above the trading area, the hotel accommodation is undergoing an extensive refurbishment programme to create 12 spacious double bedrooms, all with en-suite facilities. Once complete, our client anticipates achieving room rates in the region of £100 per room per night, subject to demand and seasonality.
Importantly, the business has recently signed a 12-month contract with Guest Ready, under which we are advised that a 60% occupancy rate is guaranteed for the 12-month period. Based on information provided by our client, the guaranteed accommodation revenue from this agreement is expected to be approximately £262,080, providing an incoming purchaser with a strong level of contracted income from the hotel rooms once operational.
Leading online travel platforms, including Booking.com, have also expressed a keen interest in working with our client, further indicating the strong potential for future occupancy and income.
The property is held on a 999-year lease, and we are advised there are over 900 years remaining, effectively providing a virtual freehold and excellent long-term security for an incoming purchaser.
This is a rare opportunity to acquire a growing café bar with significant upside from the imminent launch of a boutique hotel operation above. With established café / bar trade, a newly refurbished 12-bedroom hotel, advised contracted accommodation income and a location well placed to benefit from both local custom and visitors to Everton’s football ground, the business offers multiple income streams and substantial scope to further increase turnover and profitability.
- Busy café / bar with weekly sales circa £5,000 and growing
- 12 spacious en-suite double bedrooms nearing completion
- Recently signed 12-month Guest Ready contract with advised guaranteed revenue of £262,080
- Room rates around £100 per room per night
- Within easy walking distance of Everton’s football ground
- 999-year lease with over 900 years remaining, effectively a virtual freehold
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