Restaurant/cafe for sale in Wood Street, Wakefield WF1

Well established and popular Café, Sandwich Bar & Hot Food Take Away leasehold business - Busy high street position on Wood Street - Atractively presented premises with new lease in place

Property Particulars

Bradleys of Wood Street is a popular and well established cafe, sandwich bar and takeaway business operating from attractive and well maintained ground floor premises on Wood Street in Wakefield. Rent and overheads are very reasonable for a busy high street location such as this and a new lease has been signed for the next 4 years. The premises offer approximately 37 square metres (395 square feet) of retail and kitchen space, plus additional basement cellar providing ample storage and staff toilet facilities. Outside seating is permitted by way of a pavement licence.

Business Details

The business currently achieves £90K annual turnover operating weekdays 8am until 3.30pm, offering potential for any new owner to increase operating hours subject to satisfying any consents. The sale includes high quality fixtures, fittings and equipment including white goods and coffee machine. Copies of accounts are available upon request and a sample menu can be viewed on the business website

Accommodation

The premises comprise an open floor ground floor retail unit with serving counter and seating, and having kitchen facilities to the rear. In addition, there is a large storage basement with toilet facilities. The current owners advise that they have investigated the option to convert the basement to provide additional useable kitchen space. The premises are let by way of a 4 year internal repair and insure lease at £750 pcm which was renewed in March 2023. Further lease details are available upon request.

Location

The business is located on Wood Street within Wakefield City Centre. The location offers excellent passing trade, being close to the main council offices, colleges and railway station in addition to the numerous offices and businesses situated on the door step providing an extensive catchment area. On-street parking is available immediately outside the premises.

Rateable Value

The rateable value of the premises is £5400 effective from 1st April 2023. The business qualifies for small business rate relief therefore there are currently no business rates to pay.

Energy Performance Rating

The property has an energy performance rating of C.

VAT

The business is not registered for VAT therefore there is no VAT to pay on the sales price.

Viewings

For further information and to arrange a viewing please contact our friendly team on .

Important Information

These particulars are intended only as general guidance. The Company therefore gives notice that none of the material issued or visual depictions of any kind made on behalf of the Company can be relied upon as accurately describing any of the Specified Matters prescribed by any Order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.