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High-Profit Hotel & Restaurant Bar Business in Halifax West Yorkshire with Expansion Potential

Halifax, West Yorkshire
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Well-known Established Hotel & Restaurant Bar Business Photo 1
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Well-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar BusinessWell-known Established Hotel & Restaurant Bar Business
  • Status

    FOR SALE

  • Date Submitted:

    02/04/24

  • Advert ID

    609096

  • Reference

    RB10577 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £500,000 (Stock at valuation)
  • Leasehold: £49,950
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Close to Local Amenities
  • Town Centre location
  • Prime Location
  • New Lease
  • Fully Fitted
  • Established Business
  • Attractive Business

Business Details

Well known Established Hotel & Restaurant Bar Business

Alan J Picken are delighted to offer this well-known established hotel & restaurant bar business.

onto the market.

The business occupies a central position in the much sought after town of Halifax, West Yorkshire, with The Shakespear Hotel located above the beautiful Restaurant & Bar.

As the hotel is located just above the restaurant, guests can enjoy beautiful food in the spacious restaurant area, making their stay extra special. It’s enviable location in this popular tourist spot acts as a powerful magnet to attract a regular clientele.

The hotel has 7 guest rooms and an additional manager’s flat, however planning has been granted for additional 5 rooms to be built. There is obviously scope to take full advantage of the additional rooms, to increase the hotels capacity for more booking to derive maximum profits.

Takings circa £85,251 on accounts (restaurant only).

40% Gross Profit.

Additional income from hotel bookings at minimum £60 per room, per night.

Bookings are currently made through various online sites including expedia.co.uk, booking,com and hotels.com.  The business also boasts its own website.

We trust that a dedicated owner proprietor could take this on themselves, exploit the businesses full potential and derive maximum profits.

Business £49,590 SAV- Leasehold

Business & Freehold Property £500,000 SAV

Halifax, West Yorkshire

Reference. RB10577

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Contact the seller for more details, or book a viewing

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Well known Established Hotel & Restaurant Bar Business - RB10577 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.