Popular Chapel Allerton cafe is snapped up by new owners
House of Koko, Chapel Allerton.
One of Chapel Allerton’s most popular cafes has been sold on as the current owners plan to move to Bali.
House of Koko has been taken on by Rosita Roger, the current leaseholder of the nightclub and music venue, Distrikt Bar, in Leeds city centre.
Chris Ball and Shanshan Zhu decided to sell the leasehold before they start their new venture, and sold the business via Christie & Co for an asking price of £75,000 for the leasehold interest.
They said: “After many years of successful trade and good memories, we are now moving on to the next chapter of our lives and wish the new owner all the best.“Christie & Co showed great professionalism and persistence throughout the process and helped us get over the line in a good amount of time.”
The new owner now plans to further grow House of Koko, by extending the food offering to evening trade in the area.
Ms Roger added: “I am excited to get going on my new business venture in 2019 and drive the business further. I hope to retain the previous customers and bring in lots of new. Please call in and make yourself at home.”
Sam Ashton from Christie & Co said: “We achieved lots of interest from a handful of parties within weeks of marketing and within one month we agreed a deal with an offer over the asking price, which is a great result.”
With inside seating for 22 people - plus an outside terrace that can fit at least 30 people - House of Koko, on Harrogate Road, has grown popular among city professionals and locals.