A Grade II listed building which houses two popular restaurants has been sold.
Number 2 Lendal houses both national Italian restaurant chain Zizzi, and Nola, an independent restaurant serving Creole-influenced dishes.
Both will remain as tenants after the Helmsley Group bought the building from a private investor.
The building was due to go to auction with Acuitus, with a guide price of £1-£1.1m. But the website says the sale went ahead prior to the auction, and Helmsley Group are not disclosing how much they paid.
Number 2 Lendal is one of a number of acquisitions made by Helmsley in York city centre over recent years.
It has bought buildings including 19 Coney Street, a 50,000 sq ft retail unit currently occupied by Next and Monsoon, as well as numbers three to seven Coney Street, housing JD Sports, Lush, Mango and the newly-opened Rosa’s Thai.
These acquisitions form part of a wider vision for the regeneration of Coney Street, “the details of which will be revealed in the coming months”, said a spokesperson.
Alexia Swift-Cookson, head of asset management at Helmsley Group, said: “2 Lendal is a prominent building is located within a thriving leisure pitch, close to the Guildhall, York Minster and the riverfront, and has the potential to offer positive return on investment over the medium to long-term.
“As one of York’s longest-serving and most well-known property companies, we have made a continued commitment to the future of central York, and this most recent purchase will allow us to further develop our strategy of creating resilient high streets which offer diverse leisure and retail opportunities to visitors and local people alike.
“We are exploring further development and investment opportunities in this area and are confident of taking these forward over the coming months.”