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1 Little Stonegate - Kennedy's Bar & Restaurant
5,200 SF Retail Unit Offered at £3,250,000 in York YO1 8AX
Investment Highlights
- Prominent Location
- Good Transport Links
- Close to local amenities
Executive Summary
In the centre of the historic and world-famous city of York, the business benefit from a prime location. Not only is the city home to a thriving food and drink scene, friendly locals, and a whole host of independent and large businesses, but it's also a No. 1 UK tourism destination and welcomed 8.9 million visitors in 2023 alone. Northern Bar & Restaurant, in partnership with CGA NielsenIQ, noted York as an emerging standout performer for the hospitality industry in 2024, beating the national average sales growth among managed pubs, bars, and restaurants. Renowned for its magical Christmas markets, iconic ghost walks, historic architecture, the Anglican cathedral, the York Minster, its array of beautiful hotels, spas, and the vast selection of shops and retailers, there is no better place to be. The venue is just a 10-minute walk from York Railway Station, which benefits from excellent rail links to Leeds, London, and Edinburgh. It's also close to all of York's most beloved and visited tourist attractions, from the York Dungeons, York's Chocolate Story, the York Minster, the Railway Museum, and the River Ouse.
Property Facts
| Price | £3,250,000 | Sale Type | Investment |
| Unit Size | 5,200 SF | Building Class | B |
| No. Units | 1 | Number of Floors | 4 |
| Total Building Size | 5,200 SF | Typical Floor Size | 1,300 SF |
| Property Type | Retail (Unit) | Year Built | 1877 |
| Property Subtype | Storefront Retail/Residential | Tenancy | Single |
| Price | £3,250,000 |
| Unit Size | 5,200 SF |
| No. Units | 1 |
| Total Building Size | 5,200 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 4 |
| Typical Floor Size | 1,300 SF |
| Year Built | 1877 |
| Tenancy | Single |
1 Unit Available
Unit The Fort
| Unit Size | 5,200 SF | Unit Use | Retail |
| Price | £3,250,000 | Sale Type | Investment |
| Price Per SF | £625.00 | Tenure | Freehold |
| Unit Size | 5,200 SF |
| Price | £3,250,000 |
| Price Per SF | £625.00 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
Description
A unique and renowned venue in the heart of York City Centre, now available for sale on a freehold basis (leasehold sale considered).
Being in excess of 5,200 sq.ft plus outdoor seating and an impressive roof terrace garden, both rare in York, makes the experience very attractive to visitors, tourists, and residents.
Operated under the same ownership for nearly 25 years, the business has built an incredible reputation in the local and wider communities and are very popular with residents, tourists, workers, and shoppers alike. The venue, which can accommodate more than 250 covers, is a popular spot throughout the year and provides a vibrant atmosphere from lunch until late evening.
Based on a very high-footfall street just a stone's throw from the York Minster, the business has built long-standing trust for great-quality drinks, fantastic food, and a wonderful day-to-night experience for all.
Sale Notes
We are offering the freehold, business goodwill, and fixtures and fittings for offers in the region of £3.25m. Stock is to be in addition and at valuation upon completion.
Nearby Major Retailers
-
Elliot Newby -
Stephensons Estate Agents
Presented by
1 Little Stonegate - Kennedy's Bar & Restaurant
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