The Raby Hunt, Summerhouse, Darlington, County Durham, DL2 3UD
- PROPERTY TYPE
Detached
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Quintessential village setting
- Superbly fitted & immaculately presented
- Five double ensuite letting bedrooms
- Scope to introduce owners accommodation
- Average t/o for last 2 years: £1,098,807p/y
- Grade II Listed. EPC Rating C
- Christie & Co Ref: 6450523
Description
Set in a pretty rural village, this former drovers' inn was previously part of the Raby Estate.
The Raby Hunt is a superb example of a state-of-the-art restaurant decorated in a contemporary style, fully fitted
with cutting-edge equipment and high end furnishing. The property is in turnkey condition, and able to trade
immediately without any need for investment.
The Raby Hunt occupies a prominent roadside position in the quant village of Summerhouse, in Country Durham.
Darlington town centre is around 6.5 miles to the east, Barnard Castle 11 miles to the west and the Cathedral
City of Durham 25 miles north.
Nearby attractions include, the 14th Century Raby Castle & Estate, the world famous open-air Beamish
Museum, and Bowes Museum. The North Pennines Area of Outstanding Natural Beauty is within 20 miles and the
Yorkshire Dales and North York Moors National Parks are all within 40 miles.
Entering from the car park, you are met with an insight in to the working kitchen. Once over the threshold,
the reception area affords guests the opportunity to hang their coats and make themselves comfortable.
Immediately to the left is the 'Chef's table' with a front row seat in to the state of the art kitchen where the Head
Chef and the team work meticulously to prepare the best food for miles around. A real show-piece.
Beyond is an elegant restaurant, currently set up for 30 covers.
Beyond is a wine tasting area, with a high table seating six. Again this could be repositioned as a snug or private
dining area.
We are advised that all fixtures, fittings and equipment are free from hire/ lease purchase and included in the sale, subject to an inventory.
Letting AccommodationThere a five double en-suite letting bedrooms all individually designed and decorated, offering luxury accommodation to guests.
External DetailsAmple parking for the size of the operation to the front and the rear of the property. Growing area within courtyard.
Owner's AccommodationThere is opportunity to separate two of the letting bedrooms off to create wonderful owners accommodation. This would have no impact on the remainder of the restaurant trade area or the other three letting bedrooms.
Both en-suite, the rooms are in immaculate condition and require no investment.
Subject to Planning Permission.
The Raby Hunt presents a superb opportunity for a restaurateur to purchase a 'best in class' premises which
was established as a high-end eatery in 2009, gaining it's first Michelin Star in 2012 and a second in 2017 under the stewardship of Chef Patron, James Close.
Fantastic opportunity to purchase a formerly top-rated restaurant in the UK, once voted 4th best restaurant in the UK by Good Food Guide and previous holder of 2 Michelin Stars.
Equally, if somebody wanted to reposition the business as a more traditional restaurant operation then this is more than feasible. The property could also be converted into a stunning Bed and Breakfast.
Chef-Patron, James Close has taken the decision to sell the business and property to pursue an exciting new venture.
FOR SALE: £750,000
The freehold interest in the Property, along with all fixtures, fittings & equipment (inventory available on request) along with the ?RABY HUNT? title, domain name and intellectual property, including social media following etc.
TO LET: Price/Rent on application
The Raby Hunt is offered, TO LET on a Full, Repairing & Insuring basis.
The owners would consider any lease length within reason but would look for a minimum three-year commitment from an incoming tenant.
As part of the leasehold deal, the Landlords offer FOR SALE, all fixtures, fittings & equipment (inventory available on request) along with the RABY HUNT title, domain name and intellectual property, including social media following etc.
If an interested party was not inclined to purchase the above, there may be an opportunity to structure a deal whereby the Landlord retained ownership and the tenant is responsible for repair, maintenance & replacement of the same.
Further terms are to be negotiated.
We would encourage any potentially interested party to contact us to discuss the matter in more detail.
The average turnover (net of VAT) for the last two years is £1,098,807 per year and the average adjusted net profit for the last two years is £203,690 per year.
Further, more detailed trading information can be provided to seriously interested, proceedable parties on request and subject to signature of an NDA.
The Rateable Value as per the April 2023 list is £20,000. Confirmation of actual rates payable should be sought from the Local Authority.
RegulatoryPremises License.
Brochures
Sales DetailsMortgage Calculator- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Raby Hunt, Summerhouse, Darlington, County Durham, DL2 3UD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shildon Station4.6 miles
- Heighington Station4.8 miles
- Newton Aycliffe Station5.1 miles
Notes
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