FOR SALE
611829
We welcome to the market The Retreat, an atmospheric café/restaurant in Hebden Bridge, West Yorkshire. A thriving historical milling town which benefits from thousands of tourists every year.
The Retreat is an independent meat-free café and restaurant, offering a popular lunch and evening menu to their 40 covers over two floors. Their welcoming café vibes in the daytime offer a chilled-out space to enjoy the locally sourced menu, made fresh for every order. The Retreat also offers an impressive bar with draft beers, tailored wines and speciality coffee. The Retreat, on busty Market Street is glass fronted and enjoys a high volume of foot traffic, with a consistent flow of both locals and tourists visiting the area. In the evening the recently renovated, modern dining space offers an evening menu to locals and tourists.
The business was first established in 2022, with the current owners purchasing a closed premises. After heavy investment in the premises to bring all aspects to an extremely high standard and to code, The Retreat opened first as a café only. The evening menu was introduced in June last year and today has regular weekly bookings and a regular local customer base. From opening the daytime café and evening restaurant has grown in popularity with increasing month on month revenue whilst building an excellent reputation and regular client base during its short time of trading.
This business opportunity has now come to the market as the current owners are looking to move away from hospitality and possibly start a family. We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to continue to exploit the full potential and derive maximum profits.
The price will include all fixtures and fittings as well as the stock needed to start trading immediately.
Key selling points:
Scope to improve:
Location:
Excellent location in the heart of the picturesque and busy tourist town of Hebden Bridge, West Yorkshire. The Retreat is on Market Street, the main road through Hebden. The business has eye catching signage and receives high levels of footfall and passing trade. There is street parking to the rear and large public car park only a short walk away.
Premises:
Situated in a beautifully presented terraced detached stone built property and occupies the ground and first floor. See floor plan for full details.
Ground floor: Open plan café bar/dining area - 19 covers, large bar, commercial kitchen, store room.
First floor: 26 covers in modern, professionally decorated restaurant, second kitchen, single WC (with permission to convert to two).
External: Refuse storage and Small seating area currently use for staff but with small improvements could seat 6-8 covers.
Tenure:
The business is being sold on a leasehold basis, currently on a 5 year lease. The current rent is £1125 per month paid quarterly.
Hours:
Current trading hours are:
Wednesday and Sunday 11:00 – 17:00
Thursday – Saturday 11:00 – 22:00
Staff
The Retreat has 9 team members comprehensively trained in either front of house or kitchen with an excellent reputation for service and hospitality. Weekdays can be run with one team member front of house and one in the kitchen. Evenings, three team members in the kitchen and one front of house. Two front of house and two in the kitchen at weekends.
Financial profile:
As per the 2023 accounts the business generated a turnover in the region of £70K. Q1 2024 generated £25K turnover. Further financials can be made available upon request. Financial documents by quarter available on request for this business and the previous owners.
Included in sale:
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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