Property photos
Business
£49,995
Restaurant for sale
Southport, England, United Kingdom PR9Local area information
Property location
Nearby amenities
- Southport 0.2 miles
- Holy Trinity Church of England Primary School, Southport 0.3 miles
- St Philip's Church of England Primary School 0.6 miles
- Meols Cop 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Business
Please quote reference B07979
CoGoGo are delighted to welcome to the market Hoghton Lounge Bar, a highly rated strong standing cafe in Southport.
The business was established over 20 years ago and came under our careful ownership in 2019, who have continued the success and built up an excellent reputation and loyal, regular customer base.
The business now comes to the market reluctantly due to our clients family commitments.
Over the last 5 years, the business has become well known for their great hospitality of friendly staff and ambient, welcoming atmosphere.
They proudly stand with their award for their delivered Afternoon Teas, have received a Local Neighbourhood Recognition Award and have invariably been Trip Advisor's Traveller choice.
Hoghton Lounge Bar produces freshly made, home cooked food and cakes to go along with their coffees, teas and luxury milky hot chocolates. The business is open 7 days a week holding an alcohol license offering a range of beers, spirits and wines.
The business is occasionally booked for hire for family gathering, special occasions and private functions where they are given many menus to choose from for their own tailored catering for the event.
The business also holds outside catering contracts for numerous business and has regular bookings.
Key selling points:
This turn-key business is being sold with all fixtures and fittings included and is an ideal opportunity for anyone wanting to be hands-on or hands-off.
Scope for development:
Location
Hoghton Lounge Bar is located in Southport, Merseyside surrounded by passing trade.
Premises
The cafe seats 40 covers inside and has a paved front area that seats 20 covers.
This is complimented with tall planters and outside ambient lighting.
Tenure
The business is being sold on Leasehold basis with 6 years remaining on the lease.
The current rent is £1122.48 per month.
We are advised a new Lease is to be granted by Landlord.
Hours
The current trading hours are:
Monday to Saturday - 9:00am to 5:00pm
Sunday - 9:00am to 3:00pm
Staff
The business is run and managed by our clients with the help of 6 staff members, 2 being full time and 4 being part time.
Financial Profile
The business generates £3,500 per week. Full financials can be made available upon further request.
Please quote reference B07979
CoGoGo are delighted to welcome to the market Hoghton Lounge Bar, a highly rated strong standing cafe in Southport.
The business was established over 20 years ago and came under our careful ownership in 2019, who have continued the success and built up an excellent reputation and loyal, regular customer base.
The business now comes to the market reluctantly due to our clients family commitments.
Over the last 5 years, the business has become well known for their great hospitality of friendly staff and ambient, welcoming atmosphere.
They proudly stand with their award for their delivered Afternoon Teas, have received a Local Neighbourhood Recognition Award and have invariably been Trip Advisor's Traveller choice.
Hoghton Lounge Bar produces freshly made, home cooked food and cakes to go along with their coffees, teas and luxury milky hot chocolates. The business is open 7 days a week holding an alcohol license offering a range of beers, spirits and wines.
The business is occasionally booked for hire for family gathering, special occasions and private functions where they are given many menus to choose from for their own tailored catering for the event.
The business also holds outside catering contracts for numerous business and has regular bookings.
Key selling points:
- Well established
- Great location
- Small business
- Close to many local amenities
- Fully fitted
- Attractive business
- New lease to be granted by landlord
This turn-key business is being sold with all fixtures and fittings included and is an ideal opportunity for anyone wanting to be hands-on or hands-off.
Scope for development:
- Extend opening hours
- Increase business advertisement
- Provide a takeaway service
- Explore delivery offerings from the likes of Just Eat, Uber Eats and Deliveroo etc
- Supply meals to local residents
Location
Hoghton Lounge Bar is located in Southport, Merseyside surrounded by passing trade.
Premises
The cafe seats 40 covers inside and has a paved front area that seats 20 covers.
This is complimented with tall planters and outside ambient lighting.
Tenure
The business is being sold on Leasehold basis with 6 years remaining on the lease.
The current rent is £1122.48 per month.
We are advised a new Lease is to be granted by Landlord.
Hours
The current trading hours are:
Monday to Saturday - 9:00am to 5:00pm
Sunday - 9:00am to 3:00pm
Staff
The business is run and managed by our clients with the help of 6 staff members, 2 being full time and 4 being part time.
Financial Profile
The business generates £3,500 per week. Full financials can be made available upon further request.
More information
Listed by
Hilton Smythe Business Sales
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