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CONFIDENTIAL BAR – York

Offers Over - 500,000 GBP
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Overview

  • Updated On:
  • September 14, 2022

Description

CONFIDENTIAL BAR, York
Offers Over £500,000 leasehold

One of the most successful and highly regarded bars in York
Wet led
Turnover in excess of £1.4m, generating and ANP of over £200k
Low rent, low wages %

  • One of the most popular bars in York
  • Stunning building
  • 16% ANP
  • Low Rent
  • 21 years on lease
  • Very well established
  • Fantastic reputation
  • Fully Managed
  • Award winning

SUMMARY

One of York’s most iconic bars, fantastic location, outstanding business, generating high profits in York city centre
Offering an ROI in less than three years
Superb investment opportunity

LOCATION
City centre bar
York is the most visited city outside of London, with nearly 7m visitors per year, spending £564m in the city

 

TENURE
Our client is selling the business and lease at ‘Offers Over £500,000’
Rent is circa 5%, there is 21 years remaining on the lease

TRADING INFORMATION
Full accounts are available upon request
The weekly turnover exclusive of VAT is in excess of £25,000

 

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Area:
State/County:
Country: United Kingdom
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Property Id : 31285
Price: Offers Over - 500,000 GBP
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