Overview
- Updated On:
- February 3, 2023
Description
CONFIDENTIAL BAR, York
Offers Over £750,000 leasehold
One of the most successful and profitable bars in York.
Wet led.
Turnover in excess of £1m, generating and ANP of over £300k
Low rent, low wages %
Bullet Points
– One of the most profitable bars in York
– 30% ANP
– Low Rent
– Flexible lease terms
– Deferred payment options considered
– Established for 20 years
– Fantastic reputation
– Fully Managed
SUMMARY
An outstanding business, generating incredible 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 £750,000’.
Rent is circa 5% and the landlord is willing to assign a new lease at terms to be agreed.
TRADING INFORMATION
Full accounts are available upon request.
The annual turnover is circa 600k.
