Ref 7530 – Leasehold Greek Restaurant
Blacks Brokers are pleased to bring to the market this leasehold Greek restaurant located in Woodthorpe, York.
Taverna Yamas was established by our client in this affluent area of York in 2018. The business offers authentic Greek cuisine and is the only Greek restaurant in the area. It has become very well known in locally and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook and Trip Advisor. Taverna Yamas has a comprehensive website in place with ordering and booking system.
Taverna Yamas occupies a prominent trading position within a parade of shops. The area is well populated commercially and residentially with a large housing estate close by. There are also a number of other local amenities nearby including schools and supermarkets. The area is well linked by the A1(M) and A64 with very strong public transport links and parking is available immediately outside.
The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2020 at a cost of £240 per week. There is an additional service charge in this shopping complex of £800 per quarter.
The business operates with five members of staff in employment supporting our client working in a full time, hands on position.
Taverna Yamas has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 28th February 2020 show annual turnover of £68,063 and gross profit of £42,824. Full financial information is available upon request.
There are currently no business rates payable.
This well established business occupies an enviable trading position in a bustling residential area of York. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu options and longer opening hours, possibly a lunchtime service. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £79,950.
Please quote ref: 7530
Building layout and design
Taverna Yamas operates from a single storey retail property on a busy road. The business has large branding and signage on display above a fully glazed frontage and there is a lovely outside seating area for twenty to the front of the building. Inside, the main dining area offers seating for forty with small bar to the rear and kitchen with food preparation area behind. There are also toilets and a storage room. All areas are well equipped and presented nicely.
Professional Coffee Maker
Bar Fridge x 2
All Commercial Kitchen Equipment Including;
Fridges x 2
Freezer x 2
And Much More
Mon: 16:00 - 22:00
Wed - Sat: 16:00 - 22:00