Roots & Fruits, Grand Arcade, Leeds
Asking price £35,000
40 cover café in The Grand Arcade, Leeds is for sale, LEASEHOLD with all fixtures, fittings and stock.
Long established business in a site which has many opportunities to develop further.
- Leasehold Sale
- Long Established Business
- Leeds Northern Quarter
- Grand Arcade Location
- Rent £15,500 + VAT p/a
- Zero Rates
- 40+ Covers
- Superb Condition
- Very Adaptable Venue
- Hugely Popular
Property Details
- Reference: K160920L
- Type: Restaurant & Take Away
- Status: Sold
- Area: 1500sqft
Located in The Grand Arcade,.
A Grade II-listed Victorian shopping precinct, it is a vibrant retail space that has given many independent retailers space to sell their products and services to the people of the city of Leeds.
With a stunning glass roof, arched windows, open beams and wooden floors this is hugely reminiscent of the Victorian era whilst being modern and functional.
Dubbed the city centres ‘Northern Quarter’.
Offering a wide collection of products and services from talented professionals from artists, designers, creators and foodies.
Boasting three entrances it can be accessed from New Briggate, Merrion Street and Vicar Lane.
It is close to the theatres, student accommodation, bus stops, car parks, hotels and the new Leeds Arena.
Leeds is the largest city in the county of West Yorkshire, it is also the cultural, financial and commercial heart of the West Yorkshire Urban Area.
The city is served by five universities, has the UK's fourth-largest student population and the country's fourth-largest urban economy, with a reported population of 2.6 million.
A delightful, light filled dining space thanks to the large windows making up the entire frontage of this business.
Full of colour and spotlessly clean, this is a real head turner.
From the mosaic tiled servery counter on the ground floor to the sunflower festooned mural on the stairs to first floor, this is a vibrant offering.
A mix of table and chair styles and soft furnishing combinations, supported by the contemporary lighting styles adds to the feeling of space and comfort.
Set over two floors (with additional cellar below) the Café is at ground floor level with the fully fitted commercial kitchen and preparation/storage rooms on the first floor.
A small service lift connects the kitchen with the café.
Stairs lead to the customer and Staff Cloakrooms.
A very useful service area is located through the ground floor to the rear.
For many years now this business has been run as a Meat Free venue and has very much stamped their place in the Plant Based Food market.
Hugely popular, with 40 covers seating a diverse customer base, brought about by recommendation and use of social media, Roots & Fruits enjoys its place within The Northern Quarter foodie network.
Turning over £150,000 - £170,000 consistently, the business has shown its success, that said, this venue is widely adaptable with the potential for many other alternate uses, should the buyer decide.
With an eye to the future this business is well placed to offer a longer opening hours, potentially with the addition of an Alcohol License.
Accounts are available to view, with the approval of the owner.
Mon: 11:00am - 5:00pm
Tue: 11:00am - 5:00pm
Wed: 11:00am - 5:00pm
Thurs: Closed
Fri: 11:00am - 5:00pm
Sat: 11:00am - 7:00pm
Sun: 11:00am - 4:00pm
£35,000+VAT
LEASEHOLD Rent £15,500 +VAT
Service Charge £2,103 +VAT
Rateable Value - Zero
To include Fixtures & Fittings and Stock.
Currently this business does not have an Alcohol License.
There 7 staff and TUPE applies.
EPC is in place and included in these details
An early discussion about finance can often save time and disappointment, talk to LLH Solutions about securing independent financial advice from one of our solution partners.
Strictly by appointment with the vendors sole selling agents. Tel: 01780 435072 Email info@llhsolutions.com You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.
