Sarto: Popular pasta restaurant and bar next to Leeds Playhouse listed for sale at £50,000
A popular pasta restaurant and bar next to Leeds Playhouse has been put up for sale.
Sarto restaurant, located inside Munro House, on Duke Street, has been listed for sale by Ernest Wilson Business Agents at an asking price of £50,000.
Rated 4.4-stars from 514 reviews on Google, the business, which is known for its homemade pastas with delicious sauces and fillings, occupies a prime location next to Leeds Playhouse and across from Leeds Bus Station.
The ad listing said: “The landlord is seeking offers over £50,000 for this superbly fitted and equipped restaurant, which is very reasonable and a huge opportunity for the right candidate who can demonstrate an aptitude and confidence in running a successful food and beverage business in a major city.
“A truly unique concept, currently operated by the landlord who now wishes to extend a lease to experienced restaurant or bar operators. This is an open plan space with a central island featuring live cooking. Spaciously and contemporarily designed, yet suitable for any manner of theme or cuisine.”
Currently arranged for 72 diners but could easily accommodate more. The restaurant benefits from an outside pavement licence for circa 24 additional customers. It is currently only open three short evenings per week Tuesday - Thursday from 5pm to 9pm, and two longer days Friday and Saturday 12pm - 10pm.
Sarto achieves a reported annual turnover of £806,000, while its net profits are undisclosed.