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200-Year-Old Refurbished Restaurant with Guest Rooms for Sale in Sowerby Bridge, High Turnover

Sowerby Bridge, West Yorkshire
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  • Status

    FOR SALE

  • Date Submitted:

    28/04/24

  • Advert ID

    610476

  • Reference

    590478 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £79,950
  • Turnover: £550,000 (£10,577 Per week)
  • Net Profit: Not Applicable

Business Details

Restaurants For Sale in Sowerby Bridge

RESTAURANT WITH ROOMS in Ripponden for Sale.

A 200 year old pub in a well-known foodie village in the Ryburn Valley, near Halifax West Yorkshire. Extensively refurbished in 2018 and presenting five beautifully appointed, en-suite guest rooms, plus an executive suite with its own kitchen and lounge area, and a bar and restaurant offering everything from morning coffee, cake and breakfast, through to high quality traditional pub favourites, pizzas and Mediterranean tapas. Annual Turnover £550,000. The pub is entirely free of any brewery ties, enabling beer, spirits and wine purchases from the cheapest sources. Food versus drink proportional split is excellent at 41% and 46%, leaving 13% income derived from the guest rooms. The restaurant and bar generated sales in excess of £540,000 for the year to 31 March 2023 and the rooms sold 1,476 times over this period, at an average of £88 per night. More detailed trading information will be made available to seriously interested parties who have met with the owners and viewed the property. There is lots of scope to promote the letting rooms as the demand for stays in the area is high. We strongly suggest arranging a viewing appointment to truly appreciate the quality and attention to detail that has gone into the décor and furnishings of the rooms, as well as the restaurant and bar fixtures, fittings and equipment. The rent is extremely fair, especially given the size of the property and the multi income stream facilities on the property. The premises are in exceptional condition and need no additional capital expenditure. This is a tremendous key-in opportunity, offering tremendous value for money and lots of untapped potential.
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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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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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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 'Restaurants For Sale in Sowerby Bridge - 590478 / 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.