Licensed cafe bar for sale in Otley West Yorkshire, offered due to owner's retirement.
Otley, West Yorkshire
- Status
FOR SALE
- Advert ID
657498
- Reference
591761 / Rightbiz
- Call Agent:
- Leasehold: £99,950
- Turnover: £117,000 (£2,250 per week)
- Profit: Not Applicable
Business Details
Cafe & Sandwich Bars For Sale in Leeds
LICENSED CAFE BAR in Leeds for Sale.An outstanding opportunity to acquire a long-established and highly regarded licensed cafe bar, successfully operated by our client since 2000 and now offered for sale due to their well-earned retirement.
Weekly turnover £2,000 to £2,500. The business currently trades on seasonal and lifestyle-friendly hours, closing from October to March (with the exception of two weeks over the Christmas period). Run as a family business, it offers significant scope for enthusiastic new owners to extend trading hours, maximise revenue, and build upon the strong foundations already in place.
The premises are held on a lease from Leeds City Council on highly favourable terms. This attractive Grade II listed detached property, arranged over four floors, has been exceptionally well maintained and must be viewed to be fully appreciated. This is a rare opportunity to acquire a successful and well-established hospitality business in a prominent town centre location, with considerable potential for future growth.
The accommodation briefly comprises characterful cafe bar arranged over two rooms, incorporating a counter, servery and bar area. Spacious cellar storage area. First floor, well-equipped commercial kitchen, customer WC facilities, and an office / bedroom forming part of the private accommodation. Second floor, private owners' accommodation comprising a kitchen / lounge, double bedroom, shower room and WC. Externally, the property benefits from a substantial outdoor seating area fronting the busy marketplace, providing additional customer covers and enhancing the trading potential of the business. EPC Band D
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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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