Monty's, 15 Shambles, York, United Kingdom, YO1 7LZ
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Restaurant for sale
Key features
- 70 cover restaurant premises
- Business currently closed
- High footfall location on The Shambles
- A1 & A3 use permitted
- For sale for the first time in 40 years
- Energy Rating C
- Christie & Co Ref: 5469097
Description
Monty's is a large restaurant in an extremely high footfall position. Having traded under the same ownership for 40 years, the sale presents a unique opportunity to purchase the leasehold interest in a restaurant premises in the heart of York City Centre.
The unit would be equally well suited for conversion to a retail operation.
Monty's is situated in the heart of York, on one of the UK's most famous streets, The Shambles, less than 15 minutes walk from the railway station and in close proximity to some of the city's main attractions, including; York Minster and Jorvik Viking Centre.
Internal DetailsThe restaurant is arranged over ground floor only, with an extensive rectangular dining area and bar servery.
To the rear is an open pass, beyond which is a large, fully equipped commercial grade catering kitchen.
Ancillary areas include customer toilets as well as storage areas. There is a basement providing further storage.
We have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory.
We are advised that the trade fixtures and fittings are substantially free from loan, lease or hire purchase agreement.
25 year lease due to expire on 24th March 2026.
Security of Tenure.
Rent review due 25th March 2021.
Landlord is Equorium Property Company Ltd.
There is an enclosed courtyard to the rear leading to outbuildings providing further storage.
The OpportunityThis sale presents a unique opportunity for a catering or retail business operator to take over a premises on one of the busiest streets in York city centre. The interior of the ground floor is open plan and versatile meaning it could be reconfigured to suit the needs of the operator.
Trading InformationTurnover for the 5 years from 1st April 2014 - 31st March 2019 averaged £280,905 net of VAT.
Accounts can be provided to seriously interested parties on request.
The Rateable Value as per the April 2017 list is £46,500. Confirmation of business rates payable should be obtained from the Local Authority.
RegulatoryPremises licence.
Energy Performance Certificates
EPC 1Brochures
Monty's, 15 Shambles, York, United Kingdom, YO1 7LZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- York Station0.5 miles
- Poppleton Station3.0 miles
About Christie & Co, Pubs & Restaurants
Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS
We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.
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Notes
Disclaimer - Property reference 5469097-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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