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Vacant Possession Restaurant And Bar Premises For Sale

Leeds, West Yorkshire
Asking Price:
£50,000
Turnover:
Available on request
Net Profit:
Available on request

Description:
These are leasehold premises in Headingley, Leeds and being offered with vacant possession. Previously operated as both a bar and restaurant in the past, it is now looking for it's next adventure.

A huge and impressive space with double height ceilings and a 2nd, mezzanine floor.

A great canvas for someone to take their own business ideas into and an eye-catching exterior in a prominent position.

Fixtures and furniture have been removed and can be purchased as part of a separate negotiation.

Premises Details:
The premises provide 371 sq.m. (4,000k sq.ft.) of space, which includes a dining/bar area of 270 sq.m. (2,910 sq.ft.) and a kitchen of 22 sq.m. (236 sq.ft.).

Property information

Property:

Leasehold

Lease Terms:

A 10 year sub-lease was taken in August-15. The annual rental is £75,000 p.a. with an additional annual service charge of £6k p.a.

The landlord has confirmed a willingness to reduce the annual rent to £50,000 p.a. subject to suitable personal referenced and credit status.

Location:

Prominent location in Headingley area of Leeds which has a large student population.

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