Price: £650,000 + sav
Rare chance to acquire a successful freehold wine bar / cafe
Ref: C 903
We are proud to offer this well known established 100 cover licensed cafe / bar established in 1997 and located in the heart of the historic city of York, just off one of the busiest squares in the city. The premises are for sale freehold and are arranged over two floors with the upper floor used primarily for parties and private functions. The interior is appointed and presented to a high standard with separate bar / server areas for each floor and a separate well appointed kitchen. There are excellent storage facilities, ladies and gents wc’s and a further small outside seating area in a courtyard to the rear. Food is served from 10.00am to 9.00pm and includes breakfasts, teas and coffees, light meals including burgers, wraps, soups and platters. A full range of drinks are available including continental beers, fine wines, cocktails etc.
It is rare for such a successful establishment to be offered for sale to include freehold property so we strongly recommend early viewing of this fine and highly profitable business.
ACCOMMODATION ( note, all dimensions are approximate )
Main Cafe / bar having covers for around 60, attractive curved bar, coffee machine and grinder, tables and chairs including some soft seating, feature enclosed courtyard seating area to rear.
Kitchen located in a separate area adjacent to the main seating area, being fully equipped with stainless steel catering equipment including extraction hood, microwave ovens, dishwasher, etc.
Staff WC facility.
Small store with fridge / freezer.
Function Room, catering for up to around 40 guests,
Separate bar / servery with coffee machine, ice machine, dishwasher, etc
Ladies and gents wc facilities each with 2 cubicles
A full inventory of fixtures and fittings will be made available prior to sale.
The premises are shown on the Valuation Office Rating web site as having a RV of £22,500. Rates payable 2018 to 2019 will be £10,800 less any small business relief which may be available. Interested parties should check this information prior to proceeding.
The business is performing extremely well with solid takings and substantial profits. Full accounts information can be made available to genuinely interested parties after viewing the business. In addition to the owner, who works full time for 4 days a week, there are currently 4 full time staff including a manager and an assistant manager and 5-6 part time staff. Opening hours are:
Monday 10am -6pm
Tuesday 10am -11pm
Wednesday 10am -11pm
Thursday 10am -12am
Friday 10am -1am
Sat 10am -1am
Sunday 11am -6pm
The EPC is awaited.
Each party will cover their own legal costs associated with the transaction.
We are seeking £650,000 for the freehold interest , business and all fixtures and fittings as stated.
By arrangement with The Agents on 01904 794812.
Where staff are employed in a business, it is possible that they are unaware of any impending sale, therefore it is essential that all viewings are arranged through us and no direct approaches should be made under any circumstances.
All prices and rents are deemed to be exclusive of any VAT which may apply.
Details and general information provided within these particulars have been confirmed by The Client, are given in good faith and are believed to be correct, however all proposed purchasers/tenants must satisfy themselves as to the correctness of the information provided. We understand that all services and items of equipment are in functional order, but no warranties can be given in this respect. Neither the agents nor any person in their employ bind themselves in any way, nor are any warranties given as to the correctness of the information provided. No part of these particulars form part of any contract or agreement for sale or lease