Restaurant for sale in York North Yorkshire with a terrace for outdoor dining
York, North Yorkshire
- Status
FOR SALE
- Advert ID
655477
- Reference
591700 / Rightbiz
- Call Agent:
- Leasehold: £150,000
- Turnover: £783,470 (£15,067 per week)
- Profit: Not Applicable
Business Details
Restaurants For Sale in York
UNIQUE YORK DINING VENUE in York for Sale.Unique and very popular 60 cover good food restaurant located within a historical site utilising its period features and adding innovative interior designer flair. Predominantly run by a full complement of skilled staff, the owner has only an administrative role in the day-to-day operation of the restaurant and bar.
Tremendously popular despite its discreet location, this is a destination restaurant for many regular customers, both locals and visitors looking for a top dining venue following a day at the races. On sunnier days, the south-facing champagne terrace is one of York’s best spots for sipping cocktails, sharing oysters and soaking up the atmosphere al fresco.
TRADING INFORMATION
Annual gross sales turnover is circa £783,470 showing good net profits from just five days trading per week, leaving lots more profit potential for more hands-on new owners. More detailed financial information will be available to seriously interested parties who have completed a formal viewing arrangement.
THE PREMISES
Superbly furbished and equipped throughout and benefitting from 3-phase electric power feeding a comprehensive range of high-end, commercial quality catering equipment. 60-cover open plan dining room surrounding a vibrant bar with seating for 12. Lift for easy wheelchair access. Ladies and gents toilets with baby changing and disabled persons facilities. Dedicated outside seating for 50 or more customers.
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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.
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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.
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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.
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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.'.
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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.
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