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19 November 2018 | Restaurants

Halifax town centre café with development potential on the market

Monte Carlo Café, situated in Halifax town centre, has been brought to the market through specialist business property adviser, Christie & Co.

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Occupying a four storey property, the business operates from the ground floor, comprising a 75 cover coffee shop and café with a commercial kitchen. The upper three floors, which are accessible via a separate entrance, are currently unutilised and ready for development by a new owner, ideal for conversion into additional trading space or even residential accommodation or commercial office space, subject to relevant planning permission. The entire property also previously had planning consent for conversion into four separate flats, however this has now lapsed.

Sitting in a prominent high street location, the business sees high levels of footfall within the busy retail and licensed circuit in the town centre, plus it is conveniently located half a mile from the railway station.

Having owned and operated the café for the past 24 years, current owner, Mr Kostakis Lambrou is now looking to retire and sell the well-established site to a new owner who can explore its full potential. He comments, “Living in West Yorkshire and running Monte Carlo Café has been a big part of my life but now is the right time to sell the entire freehold. I welcome viewings and offers from all kinds of interested buyers and expect interest from developers too.”

Sam Ashton, Business Agent at Christie & Co who is handling the sale, comments, “This is a great opportunity for a prospective purchaser to acquire a sensibly priced freehold property in Halifax town centre. The property has many avenues for development and use, and I am confident this opportunity will generate lots of interest due to its prime location and substantial size.”

Christie & Co is marketing the freehold interest of Monte Carlo Café off an asking price of £325,000.