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COMMERCIAL

Little Stonegate, York

Offers in Region of
£2,950,000
Stephensons, York
PROPERTY TYPE

Pub

SIZE

5,846 sq ft

543 sq m

Key features

  • A unique and renowned bar & restaurant venue in the heart of York City Centre
  • Approximately 6,000 sq.ft, plus pavement seating and roof terrace, accommodating in excess of 250 covers
  • Under the same ownership for nearly 25 years.
  • Offered on a freehold basis (leasehold considered)

Description

A unique and renowned bar & restaurant venue in the heart of York City Centre

Approximately 6,000 sq.ft, plus pavement seating and roof terrace, accommodating in excess of 250 covers

Under the same ownership for nearly 25 years.

Offered on a freehold basis (leasehold considered

Description - Introducing Kennedy's Bar & Restaurant and Sotano Tapas Bar, a unique and renowned venue in the heart of York City Centre, now available for sale on a freehold basis (leasehold sale considered subject to a new FRI lease).

This exceptional property and business operates under two distinct brands: Kennedy's Bar & Restaurant serves guests on the ground floor and pavement terrace, and Sotano Tapas Bar offers a different experience from the basement and first floor, including a roof terrace.

Operated under the same ownership for nearly 25 years, the brands have 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, Little Stonegate, which is 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.

Location - 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.

Little Stonegate is one of York's premier destinations for the discerning drinker and diner and is also home to an array of big names like The Botanist, Stonegate Yard, Manahatta, Slug & Lettuce, Turtle Bay, and Las Iguanas. Stonegate, adjoining to the North West, is home to many big brand name retailers like The White Company, Berry’s Jewellers, Oliver Bonas and Hotel Chocolat.

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.

Terms - We are offering the freehold, business goodwill, and fixtures and fittings for offers in the region of £2.95m. Stock is to be in addition and at valuation upon completion.

A sale of the business on a leasehold basis would be considered - offers invited.

The purchaser will acquire existing brands, websites, social channels, and audiences. Kennedy's and Sotano benefit from a combined social media audience of over 18,000.

Trade & Business - The business has a strong trading history over the last 25 years. The complete financial trading history is available to interested parties upon request.

The business is currently managed by a dedicated team, with only one part-time proprietor. This structure not only ensures smooth operations but also presents a significant opportunity for expansion under new leadership.

Premises Licence - The premises license permits the opening hours of 8 am to 3 am and the sale of alcohol for consumption on and off the premises between 10 am and 2:40 am, seven days a week. In addition, there is a pavement license has a maximum capacity of 26 covers.

We recommend that interested parties enquire with the local authority licensing department.

Opening Hours - Kennedy's currently operates Wednesday through Thursday from 12 pm to 1 am, Friday from 12 pm to 2 am, Saturday from 10 am to 2 am, and Sunday from 10 am to 12 am. Closed on Monday and Tuesday.

Sotano operates Tuesday from 6 pm until late for drinks and open mic, Wednesday through Thursday from 12 pm to 1 am, Friday from 12 pm to 3 am, Saturday from 12 pm to 3 am, and Sunday from 12 pm to 1 am. Closed on Monday.

Energy Performance Certificate - The property has an energy performance asset rating of C 75.

Viewings - To make an enquiry and arrange a viewing of this fantastic opportunity today, get in touch via elliot. or .

Date Prepared - January 2025.

Brochures

Brochure 1Brochure

Little Stonegate, York

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • York Station0.4 miles
  • Poppleton Station2.9 miles
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About Stephensons, York

17 Colliergate York YO1 8BP
Industry affiliations:
Expect Better with Stephensons

Stephensons Estate Agents is North Yorkshire's leading independent estate agent, selling homes for over 150 years.

Combining our traditional values of honesty, integrity and excellence, we pride ourselves on delivering an unmatched level of service, support and guidance at

every step of the journey and our unrivalled signature marketing strategy to get your home the exposure it deserves.

Our Approach

Starting a new chapter and selling your home to move onto new pastures,whether to relocate, grow your family,start a new job, or anything in between,is a huge life moment. We understand how moving homes can be one of the most stressful, lengthy and time-draining things someone can do. But, it doesn't have to be that way. Moments like this should be stress-free, efficient and enjoyable, and the right estate agent partner should hold your hand throughout the process from beginning to end, giving you the space, time and reassurance to focus on preparing for your next chapter.

Here at Stephensons, we pride ourselves on going above and beyond every time and providing you with the expert advice, local knowledge, honesty and support you need.

Established in 1871, we've been selling homes in North Yorkshire for over 150 years, and our reputation, gleaming feedback, and clients who return to market each of their homes with us throughout their lifetime speak for themselves.

Our Commitment to You

From your property's initial valuation to your sales completion, we commit to providing a truly exceptional service. Our multi-award-winning sales team, recognised at the EA Masters and British Properly awards, genuinely care and delivers our tried and tested process with keen attention to detail and a personal touch.

Beginning with a visit from one of our qualified and experienced property valuers, who will come to your home to conduct a discreet zero-obligation valuation of your property, we will walk alongside you through every step of your selling journey.

We are always happy to help and give you constant access to our decades of property and local area expertise.We pride ourselves on keeping in touch, regularly updating you on the progress of your sale, and delivering a personal, thoughtful, and tailored client experience.

Industry leading marketing

At Stephensons, we believe that marketing is everything. Our vision is to deliver a package of marketing for your home that is above and beyond anything that you could imagine is possible.

We don't just take some photographs, list your property, and move on. Instead, we work alongside our expert property and social media marketers to give your home the exposure it deserves by combining luxury and bespoke photography, premium video tours and features on all our social media accounts.

Remember to follow us on all our dedicated social media accounts to see us in action.

READY TO START YOUR NEXT CHAPTER?

We can't wait to accompany you on this journey of a lifetime and support you in securing the best possible price for your property and a timely sale.

Our dedicated sales team are on hand and waiting to start the process with you. If you have any further questions or would like to discuss more, please don't hesitate to get in touch. In the meantime, you can stay in touch with us and get a first peek at our off-market properties and new listings by following us on Instagram.

Call us: 01904 625533

Notes

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Disclaimer - Property reference 33248226. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stephensons, York. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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