Trendy Bar & Eatery in Leeds City Centre

Leeds, West Yorkshire
REF: R07347

Asking Price:
£75,000
Annual Turnover:
£200,000
Annual Net Profit:
TBC
REF: R07347

Overview

Tenure:
Leasehold
Established:
TBC
  • 80 Covers
  • Fantastic Location
  • High Footfall
  • Recently Refurbished
  • 4.5 Stars on Google & Tripadvisor

Intelligent are pleased to bring to market this successful bar in Leeds City Centre. The bar offers a casual New York inspired dining experience in a vibrant setting.

The establishment sells a range of foods including breakfast options, pizzas, burgers, hot dogs and flat iron steak and has space for up to 80 diners.

The bar also offers a unique Northern Soul Bottomless Brunch experience which includes select menu items and two hours of unlimited Prosecco, Budweiser, Corona, Aperol Spritz and select cocktails at £25.00 per person, all set to Northern Soul and Motown soundtrack.

Ideally located on the outside of a popular shopping centre and near the Leeds First Direct Arena, the business benefits from a high footfall and additional clientele when events take place.

The business is now for sale on a leasehold basis.

The newly refurbished bar and eatery is spread over two floors, on the ground floor patrons are welcomed by the vivid, graffiti-style décor and high seating for a casual dining feel. On the same floor there is also a large well-equipped bar and pizza oven.

On the second floor, there is plenty of seating leading out onto the terrace where patrons can choose to drink and dine outside. There is an additional kitchen for further preparation and to support busier periods. Both kitchens open out into the restaurant so patrons can see inside.

The décor is well thought out and reflects the desired New York-style dining experience.

On Fridays and Saturdays, the business is open till 1am turning into a lively bar, catering to the ever-popular evening trade.

Despite having been open for just under a year, the bar has already enjoyed a high-turnover and repeat custom. The business has also been highly reviewed on Google, TripAdvisor and Facebook and continues to gain a great reputation.

Intelligent are pleased to bring to market this lucrative opportunity for a new buyer to acquire a successful bar in the heart of Leeds City Centre.

A new owner could increase the weekday opening hours to stay open later into the evening and ensure they are gathering trade from people exiting Leeds First Direct Arena, post event. By tapping into this evening trade, the business could stand to generate a significantly greater amount of income.

Increased marketing through social media and their website would boost exposure to their menu and Bottomless Bruch Events and enable the business to grow its customer base.

Another prospect is for the business to expand the delivery service to include Just Eat and UberEats, which would further increase trade.

The current owner is willing to stay on for a transitional period.

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  • City centre location
  • Outside a busy shopping centre
  • Opposite Leeds Direct Arena
  • High footfall
  • Nearby student accommodation development
Rent
£48,000
Rates
£12,000
Lease Term
10
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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