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Restaurant/cafe for sale

£10,000

Leeds LS1, UK

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Property features

  • City Centre Location
  • Excellent Trading Position
  • Peak Historical Sales Of £25,000 pw
  • £500,000 Worth Of Fixtures & Fittings
  • EPC - D
  • EPC - D

Property description

Ref 5625 – Leasehold City Centre Restaurant
Blacks Brokers are proud to bring to the market this leasehold restaurant, located in the much sought after area of Leeds City Centre.


Introduction


This impressive business has been trading for over 30 years here on Brittania Street in Leeds City Centre. The business name Espeto has been trading here since 2016. During that time, it has firmly established itself within the community and within this business sector as a high end, exceptionally presented restaurant in the city centre, gaining a large and loyal customer base. This superb trading position also brings continual, passing trade from city workers, weekend visitors and customers enjoying a night out.


Location


Leeds is a large, vibrant city in Yorkshire. The area is densely populated with city dwellers, businesses and many shops, bars and restaurants. Brittania Street is placed ideally for a business of this nature, close to large, prestigious office blocks home to solicitors, advertising agencies and financial businesses. There is roadside parking available in addition to local car parks and Leeds Train Station is a short distance away.


Reason for sale


The business is only being offered for sale as our client has other business commitments.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 20 years with rent reviews every 5 years. The current lease began in 2005 at a cost of £93,262 per annum.


Building layout and design


Espeto is housed within the ground floor of this impressive and imposing, four storey building. The business is presented to a high standard, with tasteful branding displayed externally on both sides of this corner unit, along with two entrances. Inside, the restaurant is beautifully presented, with high-shine, tiled flooring throughout. On their welcome into the reception area, customers can be shown directly to their table in the main dining area, or enjoy a drink in the cocktail bar, complete with piano and comfortable seating. The main dining area offers a true fine dining experience, with a selection of leather seating, wooden tables, private booth areas and mood lighting.The open plan kitchen is of a professional standard, with high end equipment, fixtures and fittings in place.


Summary


This leasehold business offers a new owner an exciting opportunity to acquire a very high end, well presented business in an exceptional trading position in Leeds City Centre. The business has a superb reputation, 5* hygiene rating and long trading history with customer base already established. There is plenty of scope to develop the business further with an online presence and potential for lunchtime opening. Early viewings are strongly advised. Business: £10,000.

Please quote ref: 5625

Property info

What Zoopla users think of Leeds

Overall rating:

  • currently 4 stars
Very good - 78% (412 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 5
Entertainment & nightlife
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  • 1
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  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
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  • 4
  • 5
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  • currently stars
  • 1
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  • 4
  • 5

Nearby transport

  • Leeds (0.2 miles)
  • Burley Park (1.5 miles)
  • Headingley (2.2 miles)
  • Leeds Bradford International Airport (6.5 miles)
  • Robin Hood Airport (31.7 miles)
  • Manchester International Airport (42.6 miles)
  • Hull Ferry Terminal (52.4 miles)
  • Transporter Bridge South Side (56.0 miles)
  • Transporter Bridge North Side (56.1 miles)

Nearby schools

View all schools in Leeds
  • Rosebank Primary School (0.7 miles)
  • Blenheim Primary School (0.7 miles)
  • Lane End Primary School (0.9 miles)
  • Swarthmore Education Centre (0.3 miles)
  • Leeds City College (0.4 miles)
  • Leeds College of Building (0.8 miles)
  • The Ruth Gorse Academy (0.8 miles)
  • Mount St Mary's Catholic High School (1.1 miles)
  • The Co-operative Academy of Leeds (1.4 miles)
Note: Distances are straight line measurements

Local info for Leeds

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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