Leonardo’s is a bistro style bar serving traditional, locally sourced fresh food to the people of Hull city centre. The pub is ideally located next to Princes Quay shopping centre, which provides a great deal of trade from those passing by.
The pub currently operates in an open plan bar with a restaurant and traditional bar servery. The drinking area, and dining area can seat a total of 70 covers, the furniture being a mixture of sofas, high chairs, and loose fittings.
There is an open plan catering kitchen which is a good size and has been modernised including stainless steel cladding and extraction.
Forecast Turnover: £431,614.37
Year 1 Rent: £0.00
Guide Rent: £29,000.00
Initial Deposit: £0.00
Full Deposit: £7,250.00
Full Tie Release: £25,000.00
Agreement Fee: £795.00
Repair Fund: £2,500.00
Fixtures & Fittings: £30,000.00
Working Capital: £35,500.00
Stock & Glassware: £4,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £228,752.00
Forecast Dry Turnover: £202,862.37
Forecast Other Turnover: £0.00
The pub has a well-established food trade and wet trade from locals of all ages who visit for good quality food. This is a revenue stream which could be developed further to maximise revenue with the right operator. Customers are locals who enjoy sampling the excellent choice of beers and lagers live sport has a huge potential for a proven publican with catering experience to grow the business through development of the food offer.
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