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Restaurants, Ripponden, West Yorkshire

£70,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
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SECTOR

Restaurant for sale

Key features

  • Recently refurbished throughout
  • Luxuriously appointed guest rooms
  • Terrace overlooking ancient church
  • Lots of potential to grow room income

Description

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. 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 of £550,000 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. EPC Band B.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Ernest Wilson & Co Limited, EW Leeds

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Disclaimer - Property reference 590478. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ernest Wilson & Co Limited, EW Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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