The Red Lion 2 Merchantgate 3,837 sq ft Retail Property York YO1 9TU For Sale

After many years our client is selling their leasehold interest in the property to allow them to retire. The business is easily managed by the owners and staff with the main focus on wet sales. Food is also offered and in recent years the kitchen has been franchised out and operated independently, with our client taking a rent.
Trade is drawn from a strong mixture of regular locals and the high numbers of visitors to the city every year. It has a prime and highly visible location close to both the main tourist and shopping areas. A further significant boost to business is seen during the summer months with the extensive outside seating.
It has the distinct advantage of being free of tie, enabling the leaseholder to source their wet stock from whomever they choose and to secure the best possible prices. The business shows a strong and consistent level of turnover in the region of £12,000 to £14,000 per week net of VAT including food sales. More detailed accounting information will be made available to interested parties after viewing the property.