1-bedroom house · BD20 8TB
To rentListed 43 days · slow let
Opportunity summary
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About
Spectacular commercial premises, available on lease. This is an excellent opportunity to acquire a fully equipped restaurant and bar business.
Fit with quality fixtures, fittings & equipment, it is now available for someone to exploit the full potential, ready for immediate occupation.
The premises occupies an attractive and highly visible position on Main Street, Cross Hills, within the former bank building at BD20 8TB.
The property has already established itself as a popular destination for dining and socialising, giving a new operator the opportunity to build upon an existing reputation rather than starting from scratch.
Previously trading as a restaurant and bar business, the premises developed a loyal local following and was particularly well regarded for its quality food, relaxed atmosphere and friendly service.
Free of tie with fully fitted keg & cask cellar, storage cellar including walk-in cold room.
We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to exploit the full potential and derive maximum profits.
Premises description: The business operates from a magnificent character former bank premises with attractive bespoke designed interior with stylish one-off decorative pieces with well-chosen high-end fixtures, fittings and equipment.
Entrance to main corridor, to the left main restaurant area with gally kitchen to the rear and to the right open plan bar and casual dining area.
Fully equipped commercial kitchen and fully stocked, free of tie bar with expensive fixtures, fittings and equipment. Additional large beer and storage cellar.
Outside area with additional seating, our clients currently use this space only throughout the summer months, there is scope to utilize this space further all year round.
Location: The business occupies an enviable, prime trading position in the heart of Cross Hills at the junction of Station Road and Main Street.
Previous Average Takings (Limited Openings): Taking £5,000 to £10,000 per week. Gross Profit on accounts 60% to 65%. Substantial Net Profits have been achieved.
Address: Main Street, Cross Hills, Keighley, West Yorkshire, BD20 8TB Previous Opening hours:Monday - 3pm - 10pm Tuesday - 3pm - 10pm Wednesday - 11am - 11.00pm Thursday - 11am - 11.00pm Friday - 11am 00.00am Saturday - 11am-00.00am Sunday - 11am - 10.30pm Tenure description: Leasehold.
New lease. £1,250 per month. Grade II listed building qualifies for business rate relief Open to a wide variety of uses.
Viewings: All viewings should be arranged via ourselves by telephoning our offices.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Commercial Premises Main Street, Cross Hills BD20 8TB
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