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Centrally Located Restaurant and Bar for Sale in York North Yorkshire

York, North Yorkshire
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  • Leasehold: £199,950
  • Turnover: £442,000 (£8,500 per week)
  • Profit: Not Applicable

Business Details

Licenced Trade, Pubs & Clubs For Sale in York

RESTAURANT AND BAR in York for Sale.

Occupying a prime position on one of York’s most sought-after pedestrianised streets, this exceptional licensed restaurant benefits from outstanding year-round footfall from both shoppers and tourists. Beautifully refurbished just two years ago, the business is presented to an excellent standard and requires no further capital investment. The restaurant accommodates approximately 80 covers within a spacious open-plan dining area, centred around an impressive open grill kitchen that creates an engaging dining experience while allowing for highly efficient day-to-day operations. The business currently serves breakfast, lunch and dinner, benefiting from consistent trade throughout the day. Predominantly staff-managed, it represents an ideal opportunity for both owner-operators and investors.

A particularly rare feature for York city centre is the abundance of outdoor dining space. To the rear is an attractive enclosed walled garden with seating for over 20 customers beneath a canopy, while the front of the premises
benefits from licensed pavement seating with four bistro tables—perfect for customers wishing to enjoy the vibrant atmosphere and people-watch. The business currently generates an impressive weekly turnover of £8,000–£9,000, with significant scope to increase revenue by introducing a breakfast offering to meet strong local demand. The rent is highly competitive for such a prestigious, high-footfall location. In addition, there is potential (subject to the necessary planning consents) to convert the first floor into a spacious two-bedroom owner’s apartment, adding further value and flexibility.

Ideally situated close to renowned establishments including The Ivy and Bettys Tea Rooms, the restaurant benefits from being surrounded by some of York’s most popular hospitality and retail destinations, attracting substantial pedestrian traffic throughout the year.

The premises benefit from an attractive frontage onto a major pedestrianised shopping thoroughfare, leading into a reception bar and a spacious open-plan restaurant centred around an impressive open grill kitchen. The dining area extends deep into the property, providing ample seating, while a disabled-access WC is conveniently located on the ground floor. Sliding glazed doors open onto a private enclosed walled garden with covered seating for more than 20 customers. The first floor comprises of a preparation kitchen, two ladies’ and two gentlemen’s toilets, two additional rooms, and a bathroom, currently utilised as staff facilities, with potential for alternative use subject to the necessary consents. To the front of the premises, licensed pavement seating accommodates four bistro tables, providing an attractive al fresco dining option.

This is a rare opportunity to acquire a well-established, profitable restaurant in one of York’s premier trading locations, with excellent existing turnover, minimal operational complexity, and substantial opportunities for future growth. EPC Band D.
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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