£395,000

Retail premises for sale

  1.  Img_5872.Jpeg
  2.  Img_5881.Jpeg
  3.  Img_5887.Jpeg
Freehold

Offers over

£395,000

(£207.46/sq. ft)

Retail premises for sale

30-31 Kirkgate, Leeds LS1

1,904 sq. ft

Local area information

Property location

Nearby amenities

  • The Ruth Gorse Academy 0.4 miles
  • Leeds 0.4 miles
  • Mount St Mary's Catholic High School 0.5 miles
  • Burley Park 2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Leeds to find out more about the local area.

Features and description

  • Freehold
  • Established restaurant operator with 4+ years trading history
  • Total income £37,200 per annum
  • Prominent terraced unit on Kirkgate with ground floor and basement configured for F&B / retail use
  • Strong fit out by current tenant
  • Sought-after pitch with improving prospects due to the Leeds market improvements
  • EPC C
  • Freehold
Description

Investment sale: Ground floor restaurant and upper floor residential ground rent income

30–31 Kirkgate is an attractive double-fronted period property offering a prominent ground floor restaurant with basement storage and ancillary accommodation.

The ground floor has been fully fitted out to a high standard by the current tenant, featuring a well-equipped commercial kitchen alongside an inviting open-plan dining area, creating an appealing and ready-to-operate hospitality space. The basement provides useful storage facilities and additional ancillary space.

The upper floors comprise self-contained residential apartments, accessed independently via a dedicated entrance, providing clear separation between the commercial and residential elements.

To the rear, the property benefits from access to a service yard off Harper Street, allowing convenient servicing and deliveries. The restaurant also enjoys outdoor seating to the front, enhancing customer appeal and street presence.

Location

The property occupies a prominent position fronting Kirkgate, benefitting from strong visibility on one of Leeds’ most historic and well-established retail streets. Located to the east of Leeds city centre, Kirkgate is recognised as the city’s oldest retail thoroughfare and continues to evolve as a vibrant mixed-use destination.

The location benefits from excellent connectivity, situated just a five-minute walk from Leeds Bus Station and approximately ten minutes from Leeds Railway Station, providing convenient access for both customers and staff.

Kirkgate has become an increasingly dynamic destination throughout both the day and evening economies, with a number of surrounding buildings and retail units having undergone sympathetic refurbishment and subsequent reoccupation by high-quality independent operators, contributing to the area’s continued regeneration and renewed vitality.

The surrounding occupiers include a strong mix of established and emerging independent businesses such as Wapentake Café Bar, Blue Collar Barbering, Doghouse Bagel Shop & Bar, Koncept Studio, LeSon, Lamb & Flag, Fred Aldous, Crowd of Favours, and the recently refurbished Grade II* listed First White Cloth Hall, further enhancing the appeal and character of the immediate area.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Fox Lloyd Jones. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fox Lloyd Jones for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Yorkshire