Summary - Apartment 3, Wood Street House, 17-19 Cross Street WF1 3BW
1 bed 1 bath Restaurant
Ready-to-trade venue with clear scope for revenue growth under new operators.
- Prime city-centre trading position with strong footfall
- Well-fitted interior; high-quality fit-out throughout
- 28 covers; room to increase seating
- Secure leasehold with low rent
- Weekly turnover circa £3,000–£3,500 (limited hours)
- Trading restricted to four evenings currently; growth potential
- Electric storage heating — higher running costs
- Located in high-crime, deprived area; may affect insurance/staffing
An established, family-run restaurant in the heart of Wakefield city centre, offered due to ill health. The business benefits from a prime trading position on a busy street with neighbouring bars and eateries, a strong local reputation since 2018, and regular weekly turnover of approximately £3,000–£3,500. The fit-out is high quality throughout and the current layout provides 28 covers with space to add more.
Premises are held on a secure lease with low rent and include a double-glazed frontage, bar/servery, well-equipped commercial kitchen, store and WC. Recent upgrades include double glazing, burglar alarm and CCTV; the EPC is Band B. Trading hours are currently limited to four evenings per week, presenting clear scope for an enthusiastic owner-operator to extend openings and apply for an alcohol licence to increase takings.
Important considerations: the sale is leasehold and main heating is electric storage heaters, which can be costly to run. The property sits in a high-crime, deprived urban area, which may affect insurance and staffing; mobile signal and broadband are good. Stock (approx. £5,000) is included. This is best suited to an investor or active operator seeking a ready-to-trade site with upside from longer opening hours and licence changes.
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