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Cafe / Restaurant For Sale

York, North Yorkshire, UK
Asking Price:
£185,000
Turnover:
£432,680
Net Profit:
Available on request

CAFE / RESTAURANT in York for Sale.

This is a fabulous opportunity to acquire this impressive cafe premises, which enjoy a prime position in the very heart of York City centre, surrounded by both independent and national high street retailers. This area is bustling all day long with shoppers, shop workers, office workers, visitors, and the hundreds of thousands of tourists that visit the city throughout the year. Benefiting from a premises licence and full restaurant and cafe licence (formally A3/A4), the scope for even more growth is huge. The business is highly profitable, showing excellent net profits of £73,012 and achieving a very impressive turnover of £432,680 whilst run entirely by staff; however, there is obvious potential here to do substantially more by extending opening hours into the evening (subject to any necessary consents). Our client is only reluctantly offering this highly profitable business for sale due to their ill health. The premises are held on lease and comprise a spacious open-plan ground-floor seating area with space for approximately 12 covers with a mix of comfy seating and tables and chairs, a counter featuring a two-station Sanremo Verona coffee machine, and two refrigerated display counters in the window. A feature staircase to the rear leads to the first floor, with space for up to 30 covers. Second-floor kitchen and WC. Third-floor seating area for a further ten customers. This store benefits from an air-conditioning system throughout.
Stock £2,000.

Property Information

Property:

Leasehold