Overview
- Updated On:
- February 10, 2023
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
