Former Cotto Italian restaurant and bar in Kirkstall, Leeds listed for sale at £40,000

A former popular Italian restaurant and bar in Leeds has been put up for sale.

The now closed Cotto restaurant, located on Abbey Road, Kirkstall, has been listed for sale by Ernest Wilson Business Agents at an asking price of £39,950.

Rated 4.7-stars from 164 reviews on Google, the business, which occupies a high-profile position on one of the city’s busiest roads, was previously leased out following Cotto’s closure but the landlord is now seeking a new tenant.

The ad listing said: “The imposing double-fronted property will be offered on a new lease, with terms negotiable through our office.

“Owned by a builder by trade, our client has invested significant time and capital into a high-quality refurbishment, creating a stylish and functional space ideal for a thriving hospitality business.”

The premises comprises a ground floor entrance leading to a spacious restaurant area with an impressive glass-roofed structure, comfortably seating 44 customers, and a well-appointed bar area featuring a striking pizza oven.

Cotto’s features a lower ground floor with a large kitchen, food preparation area, and ample storage space. The site’s previous annual turnover and net profits have not been disclosed.