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Restaurant for sale

York Road, Leeds, LS14

£295,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Leasehold

TRADITIONAL FISH & CHIP SHOP - WEST YORKSHIRE
Early viewing is essential to fully appreciate
High amount of regular & repeat trade
3 bedroom owners' accommodation
Advised annual turnover of 416,000
Situated in the bustling city of Leeds
Scope for further development
Genuine reason for sale
LEASEHOLD


Location

The business is situated on a main through road just outside the busy city centre of Leeds, West Yorkshire. The chip shop benefits from having a mass of passing trade on a daily basis due to its situation in a very high footfall area. The business benefits massively from the endless amounts of visitors to the area which provides a consistent trading pattern throughout the year. Leeds is a hugely popular business and residential area due to its excellent central shopping, fine housing, good schools, colleges, universities and NHS facilities. Leeds also benefits from being very easily accessed via the M621 which is situated less than 2 miles away from the business and links to the M1 making visiting and commuting very easy.


Business History

Meridian Business Sales are delighted to offer for sale this superb fish & chip shop which has been established since 1917 and has been in the careful hands of clients for the last 17 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 416,000 which is derived from selling an excellent range of traditional fish and chip style foods and complimentary beverages. Due to the businesses ideal location and the neighbouring residential area it supplies consistent trade throughout the year with many customers within a short travelling distance. Our clients are very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is an ideal first business opportunity for an individual or couple for who is looking for a very reputable business with large growth potential.


Financial Profile

Turnover: 8,000pw


Tenure

Leasehold
Original length: 3 years rolling
Rent: 19,000pa


Opening Hours

Hours to suit


Accommodation

Well presented glass fronted property, briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Main serving area

Serving/payment counter

Glass fronted serve-over

Fully fitted kitchen

Preparation area

Store room

Office

FIRST FLOOR
Owners' Accommodation
Lounge
Fully fitted kitchen
Bathroom
1 single bedroom
2 double bedrooms

EXTERNAL
Parking for 2 vehicles


Map & Street View

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