Summary - Yorkshire Coast LS1 5RU
1 bed 1 bath Restaurant
**Standout Features:**
- Thriving freehold restaurant with takeaway capabilities
- Located in a prime seaside area
- Established & well-regarded family business, T/O £1.04M (Y/E Dec 24)
- Adjusted net income for 2024: £332,234
- Excellent mobile signal and fast broadband connectivity
- Close to numerous amenities and well-rated schools (including schools with Outstanding Ofsted ratings)
**Concerns:**
- High crime rate in local area
- Energy rating: D
Nestled in the vibrant multicultural student neighborhood of Yorkshire Coast, this well-established freehold restaurant represents an exceptional investment opportunity for both seasoned operators and first-time buyers. With a substantial turnover of £1.04M and an adjusted net profit of £332,234 for 2024, the property boasts 80 covers, making it ideal for both dining and takeaway services. The prime seaside location not only attracts local patrons but also benefits from the influx of tourists and students, ensuring consistent foot traffic.
While the restaurant enjoys many strengths, potential buyers should note the high crime rate in the surrounding area and the energy rating of D, suggesting a need for potential improvements. However, this cozy establishment is surrounded by a plethora of walkable amenities, from local grocery stores to cafés and restaurants, enhancing the appeal for both customers and staff. With excellent mobile and broadband coverage, the restaurant is well-suited for digital marketing and operational efficiency.
This property offers ample flexibility for renovations or extensions to cater to evolving customer demands and is a fantastic opportunity to secure a space in a thriving community. Don't miss out on the chance to make your mark in this bustling seaside hotspot!
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