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Restaurant and Cafe for Sale

Leeds, West Yorkshire, UK
Asking Price:
£119,950
Turnover:
£244,400
Net Profit:
Undisclosed

RESTAURANT AND CAFE in Leeds for Sale.

An outstanding opportunity to acquire two established and complementary hospitality businesses occupying a highly prominent trading position on one of Leeds’ principal arterial routes. Situated at a busy road junction with excellent visibility and passing traffic, the premises benefit from significant exposure throughout the day and evening. The property is currently home to two successful businesses operated by our client:
CAFE - A well-established traditional cafe and coffee shop trading six days per week during daytime hours. The business enjoys a loyal customer base and generates a consistent weekly turnover of approximately £2,500 to £3,000. The cafe occupies an attractive glass-fronted unit, offering seating for up to 24 customers in a comfortable and welcoming environment. The accommodation includes a customer seating area, counter and servery, together with a compact kitchen / preparation area to the rear.

RESTAURANT - Located immediately adjacent to the cafe and connected via shared storage and WC facilities, the restaurant is a fully licensed Italian restaurant currently trading only on Friday and Saturday evenings. Despite its limited opening hours, the restaurant achieves impressive weekly revenues of approximately £1,600 to £2,300. The restaurant provides seating for up to 24 diners, complemented by a stylish bar area, open-plan kitchen and feature pizza oven, creating an authentic and inviting dining experience. The restricted trading pattern offers substantial scope for new owners to extend opening hours, introduce additional services and significantly increase turnover and profitability. Further growth potential exists as the current owners choose to close the businesses for up to six weeks each year for holidays, providing an additional opportunity for a hands-on operator to maximise trading throughout the year.

OWNERS’ ACCOMMODATION / ADDITIONAL INCOME - Above the commercial premises is a self-contained two-bedroom apartment, currently let on a sub-tenancy producing an income of £685 per calendar month. This valuable rental income effectively reduces the net rental liability for the commercial premises to £1,190 per calendar month. The apartment could continue to generate rental income for a future owner or alternatively be utilised as owner-occupier accommodation, offering both flexibility and convenience.

OPPORTUNITY - The businesses are available for purchase either as a combined operation or individually, making this an exceptionally flexible acquisition opportunity. With established turnover, excellent roadside prominence, and considerable scope for expansion through increased trading hours, these businesses represent an exciting proposition for owner-operators, hospitality professionals or investors alike. Early viewing is highly recommended to fully appreciate the quality of the premises, the strength of the trading location and the significant growth potential on offer.

Property Information

Property:

Leasehold