Running a business in Liverpool city centre can be a lucrative opportunity. The area has a booming night-time economy which is best encapsulated by the number of successful bars, clubs and restaurants stretching from Water Street to Concert Square and beyond.
The possibilities don’t stop there, of course, with areas like Lark Lane and Smithdown Road boasting venues to eat and drink. Alongside the opportunities however, come costs, particularly for those who want to open late into the night.
Since April 2017, venues opening past midnight across Liverpool that serve alcohol have been subject to the city’s late night levy. After being endorsed by members of the city council the year previously, bars and clubs authorised to sell alcohol during the late night period from midnight to 6am pay an annual fee based on the premises’ rateable value.
