LICENSED RESTAURANT in Ilkley for Sale.
A highly profitable licensed restaurant and bar in the heart of one of Britain’s most affluent spa towns. The town attracts a colossal amount of visitors, tourists, walkers, cyclists and shoppers, supplying the shops, bars and restaurants with a consistent amount of footfall. Recently added, covered outdoor dining terraces to both front and back has had a tremendous positive impact on the turnover. The interior is spacious and of a contemporary design that would suit any manner of food offering or bar concept. Currently offering highly regarded, fine Mediterranean cuisine. We are advised that weekly turnover is between £5,000 and £6,000 per week on short openings. There is potential for energetic and ambitious new owners to substantially increase takings with promotions, events and extending the opening hours. The restaurant is very much owner operated with low overheads and energy tariffs negotiated to November 2024. Trading and Profit & Loss Accounts for the year to 30 June 2021 show operating profits in excess of £102,000. The location is outstanding and includes complimenting restaurant and bar venues including Friends Of Ham, a nearby Piccolino’s and lots of independent bars and diners.
EPC Band E.
