Business Summary

Urban Locks Business Brokers in Manchester are delighted to introduce for sale this busy Sports Bar & Grill in the center of Leeds. Showing all major sports events across multiple big screens, the bar boasts a late license, comfortable surroundings and a fantastic menu.

www.urbanlocks.co.uk

THE AREA
Leeds is a City in West Yorkshire. In a 2011 census, the City of Leeds had an estimated population of 757,700 making it the 3rd largest city in the UK. The city is served by a number of Universities and has one of the largest student populations in the UK with approximately 250,000. The city is known as a hotspot for it's nightlife with a host of Pubs, Bars, Clubs and restaurants as well as a variety of venues for live music. This popular Sports bar is situated in the city center surrounded by a busy nightlife. With the added benefit of being situated next to a major taxi office, the Bar is within close proximity of Leeds Arena, The Grand Theater, Universities and the main Hospital. Fantastic access into the city via Bus, Rail, Road and motorway.


THE BUSINESS
The business was established towards the end of 2013, and has become increasingly popular with a variety of sports fans of all ages. Situated over two floors, the bar is licensed for 220 people and shows coverage of all major sporting events in HD on multiple big screens. Opening from lunchtime 7 days a week, there is a wide choice of food on the menu until 8pm that includes Grill, Wraps, Baguettes and Burgers, as well as a variety of starters and desserts. The bar opens until 3am Sunday to Thursday and 4am on Fridays and Saturdays. There is a resident DJ every Saturday night playing 80's and 90's pop and old school tunes until the early hours.


1st FLOOR 45' 11'' x 26' 3 (14m x 8m)
The spacious first floor includes a bar area and currently offers seating for 30 - 40 people. There is also a stage area and DJ booth which also makes it suitable for live bands if required. Also on the first floor are ladies & Gents W/c's and the fire escape down to the ground floor at the rear of the building.


2nd FLOOR 42' 8'' x 21' 4 (13m x 6.5m) AVERAGE
Again, the spacious second floor has a bar area and houses a pool table as well as a boxing machine and other arcade machines. As well as seating at and surrounding the bar, there are private, comfortable chill out booths around the room. Also situated on the second floor is W/c's, Store room and staff office that houses the CCTV system that is in operation throughout. There is also the fire escape to the rear. The club is fully air-conditioned throughout.


STAFF
The Bar is currently run by a manager, assisted by 2 chefs and 4 bar staff working flexible hours.


FINANCIALS, LICENSE AND LEASE DETAILS
Current Turn over advised £3,000 - £5,000 PW, Gross Profit of 60%, New Lease available Oiro £30,000P/A, Rateable Value £8,100, Licensed for 220 up to 3am Sun-Thurs & 4am Fri & Sat.

Disclaimer
Please Note: All information, measurements, plans and photographs are for general guidance only. The agents have not tested any appliances, facilities or services.

Whilst these particulars are believed to be correct their accuracy is not guaranteed and they do not form any part of any offer or contract.

* Viewing strictly by appointment with Urban Locks *

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