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Licenced Trade, Pubs & Clubs, Guiseley, West Yorkshire

£195,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
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SECTOR

Pub for sale

Key features

  • High-quality restaurant and bar fitted to an exceptional, high-spec standard
  • Trades over five days per week with limited hours
  • Prominent position on a busy, established high street
  • Seating for approximately 90 covers plus 28 covers on the terrace

Description

£1.4 MILLION FIT-OUT RESTAURANT AND COCKTAIL BAR in Leeds for Sale.

An outstanding opportunity to acquire one of West Yorkshire’s premier restaurant and cocktail bar venues, fitted and equipped to an exceptional standard throughout. Occupying a prominent position on a bustling and highly sought-after high street in Guiseley, the business benefits from excellent visibility, strong levels of passing trade and an established reputation.

The premises underwent an exceptional fit-out, with the original investment estimated at approximately £1.4 million, creating a striking contemporary restaurant and bar that would be extremely expensive to replicate in today’s market. No expense has been spared in the design and creation of this unique venue, resulting in a truly impressive establishment that must be viewed to be fully appreciated.

The restaurant has traded successfully for approximately three and a half years and is being offered for sale solely due to the owner’s change in personal circumstances and relocation plans. Importantly, this is not a distressed closure. The business remains fully operational and staffed, with an established kitchen and front-of-house team in place, allowing an incoming owner to take over and continue trading immediately.

The business currently enjoys a strong and profitable wet trade alongside its established restaurant operation. Trading over just five days per week and within relatively limited hours, there remains significant scope to further develop the business through extended opening hours, private events, increased food service and additional beverage offerings. Historical turnover has been substantial, with full trading information available to genuinely interested parties following appropriate confidentiality checks.

THE PREMISES
The premises provide spacious and stylish restaurant and cocktail bar accommodation with approximately 90 internal covers, complemented by an attractive marble-finished outdoor terrace providing seating for a further 28 customers. A particular feature of the venue is the impressive cocktail bar area, enhanced by contemporary multi-coloured mood lighting, creating a vibrant and memorable atmosphere.

Further facilities include dedicated ice room with crushed ice machine, block ice machine and glass-washing equipment, refrigerated storage room and separate rear storeroom, plant room, office and dry goods storage, substantial commercial kitchen fitted to a very high specification, with extensive extraction system, separate walk-in fridge and freezer rooms, rear delivery bay for efficient servicing and stock handling, air conditioning throughout the premises, luxurious ladies’, gents’ and disabled toilet facilities and staff facilities and rear parking.

The landlord is prepared to discuss the grant of a new lease with an incoming purchaser, presenting an excellent opportunity for an established hospitality operator, restaurant group or ambitious chef / proprietor seeking a high-quality venue without the enormous cost, risk and time commitment associated with creating such a business from scratch.

The substantial reduction in the asking price reflects the owner’s desire to achieve a sale within a suitable timeframe due to relocation plans and should not be interpreted as a reflection of the quality of the premises, fit-out or business opportunity.

This represents a rare opportunity to acquire a fully equipped, high-specification restaurant and cocktail bar in a prime trading location, with an exceptional fit-out, established operation and significant potential for future growth.

Viewing is strongly recommended.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

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Disclaimer - Property reference 591631. 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 Ernest Wilson & Co Limited, EW Leeds. 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.