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Well Established Successful Wine Bar Restaurant For Sale

York, North Yorkshire, UK
Asking Price:
£150,000
Turnover:
£520,000
Net Profit:
Available on request

Offers Over £150,000 leasehold

Enoteca by L’UVA is a very well-established successful wine bar that serves food in the heart of York.

Bullet points
– York City Centre Wine Bar
– Four Floors, with potential accommodation
– Riverside setting
– Current turnover £10,000 per week
– Huge Potential
– High profit food offering

Enoteca by L’UVA is a wonderful food led wine bar in the heart of York. The Four storey building has significant opportunities to develop the trade further. The business currently only opens five evenings a week, a lifestyle choice of the current owners.

Fixtures and fittings
All fixtures and fittings not personal to our client are included in the sale.

Regulatory
The business holds a premises license

Trading information
Full accounts are available upon request.
Current trading figures provided by our client show a consistent trade of circa £10,000 net per week.

Property Information

Property:

Leasehold

Lease Terms:

Entocea by L’UVA is available as a leasehold business, the landlord is willing to assign a new lease to the incoming party, for a term to be agreed.

Location:

Situated on one of the two main bridges used by tourists and locals to access either side of the River Ouse. Bridge Street is a fantastic location, close to the main hotel area within the city walls. The train station and bus terminals are within walking distance, ‘Entocea by L’UVA’ is most likely to be on the journey of all tourists at some point on the journey.
York is the most visited city outside of London, with nearly 7,000,000 visitors per year, spending £564,000,000 in the city.

Size in square feet:
3,054

Business Operation

Expansion Potential:

York is one of the most visited cities in Europe, increasing the opening hours will increase the opportunity to increase the turnover.
Currently there are three rooms not being used for generating income, repurposing these rooms would further develop the potential for the business to grow.

Trading hours:

Tuesday to Saturday – Evenings only from 17:30 – 22:00

Employees:
All staff are subject to TUPE. Currently there are two full-time employees and a 4 part-time staff.

Other Information

Related Documents:

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