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City Centre Cocktail Wine bar restaurant, T'a VJ's Finkle Street, York.

Undisclosed, North Yorkshire

Status

FOR SALE

Date Submitted:

31/08/21

Advert ID

282029

Reference

C 958a / Rightbiz
Leasehold: £159,000
Annual Rent: £38,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

We are proud to offer this well known established 100 cover licensed cafe / bar established in 1997 and located in the heart of the historic city of York, just off St Sampsons Square, one of the busiest squares in the city.  The premises are arranged over two floors with the upper floor used primarily for parties and private functions. The interior is appointed and presented to a high standard, parts recently refurbished, with separate bar / server areas for each floor and a separate well appointed kitchen.  There are excellent storage facilities, ladies and gents wc’s and a further small indoor heated and skylit courtyard, popular as a snug. Food is served from 10.00am to 9.00pm and includes breakfasts, teas and coffees, light meals including burgers, wraps, soups and platters. A full range of drinks are available including continental beers, fine wines, cocktails etc. 

It is rare for such a successful establishment to be offered for sale so we strongly recommend early viewing of this fine business. 


ACCOMMODATION ( note, all dimensions are approximate )

Main Cafe / bar  having covers for around 60, attractive curved bar, coffee machine and grinder, tables and chairs including some soft seating, feature enclosed courtyard seating area to rear.

Kitchen    located in a separate area adjacent to the main seating area, being fully equipped with stainless steel catering equipment including extraction hood, microwave ovens, dishwasher, etc.

Staff WC facility.

Small store with fridge / freezer.


First Floor

Function Room, catering for up to around 40 guests, 

Separate bar / servery  with coffee machine, ice machine, dishwasher, etc

Ladies and gents wc facilities each with 2 cubicles

Store room

A full inventory of fixtures and fittings will be made available prior to sale.

RATES

The premises are shown on the Valuation Office Rating web site as having a RV of £22,500. Interested parties should check this information prior to proceeding.

BUSINESS

The business has performed extremely well with solid takings and substantial profits. Full accounts information can be made available to genuinely interested parties after viewing the business. The owner is not hands on and the business is currently run almost entirely by staff. Opening hours are: 

10.00am to 5pm every day for food, otherwise:
Monday 10am -11.pm 
Tuesday 10am -11pm
Wednesday 10am -11pm
Thursday 10am -12am
Friday 10am -1am
Sat 10am -1am
Sunday 11am -11pm

The business has very good on line reviews( 4.6 out of 5) making it a must visit for anyone visiting York.

EPC

The EPC rating is D 97

COSTS

Each party will pay their own costs.

PRICE

Our clients are looking for a quick sale hence only £159,000 for the leasehold interest, business and all  fixtures and fittings.  A new lease will be available at £38,000 pa. Please note, interested parties will be required to show proof of funding for purchase prior to viewing the business.


VAT.    

All prices and rents are deemed to be exclusive of any VAT which may  apply

IMPORTANT    

Where staff are employed in a business, it is possible that they are unaware of any impending sale,therefore it is essential that all viewings are arranged through us and no direct approaches should be made under any circumstances.


NOTE

Details and general information provided within these particulars have been confirmed by The Client, are given in good faith and are believed to be correct, however all proposed purchasers/tenants must satisfy themselves as to the correctness of the information provided.  We understand that all services and items of equipment are in functional order, but no warranties can be given in this respect. Neither the agents nor any person in their employ bind themselves in any way, nor are any warranties given as to the correctness of the information provided. No part of these particulars form part of any contract or agreement for sale or lease.

Contact Agent
Advert Reference:
C 958a / Rightbiz
Energy Performance Certificate (EPC)
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