Fashionable Bar and Restaurant in Huddersfield

Huddersfield, West Yorkshire
REF: 03895

Asking Price:
£45,000
Annual Turnover:
£300,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 03895
Photo of Fashionable Bar and Restaurant in Huddersfield
Photo of Fashionable Bar and Restaurant in Huddersfield
Photo of Fashionable Bar and Restaurant in Huddersfield
Photo of Fashionable Bar and Restaurant in Huddersfield

Overview

Tenure:
Leasehold
Established:
2006
  • High quality restaurant and bar
  • Fantastic online presence
  • Located in the heart of Huddersfield
  • Minimal overheads
  • Recent renovation

This is a great opportunity to acquire an popular restaurant and cocktail bar serving high quality cuisine to their loyal customer base.


The business has been established in the area for ten years and has garnered a fantastic reputation through its broad menu, use of fresh quality ingredients, and excellent customer service.


With a prime location and low overheads, this is a very profitable opportunity for a new buyer looking for a well-established eatery.

The business serves a wide range of high quality cuisine along with cocktails and other alcoholic beverages. The cocktail bar can be found to the right-hand side whilst the left-hand side is the restaurant. Both businesses are linked but can operate separately depending on the desires of the customer.

The premises have glass frontages with vibrant signage. The restaurant consists of a large 40 cover seating area and a raised area to accommodate private parties or VIP guests. There is a fully equipped kitchen located in the basement of the restaurant.

The cocktail bar also has an extensive seating area with the bar taking centre stage of the room. It has been made to the highest standard using expensive marble and is fully stocked with alcoholic beverages. There is a further raised area behind to accommodate private parties and VIP guests. Customer toilets can be found in the basement area, as well as an internal entrance to the restaurant area.

Intelligent Business Transfer are thrilled to offer to the market this rare opportunity to acquire a well-established restaurant and cocktail bar. The business prides itself on providing excellent food and drink, great customer service and a thoroughly unique experience for its customers.

The business achieved an impressive turnover of £300,000 in the year 2015. They also possess a fantastic website that is modern, well presented and easy to navigate. It provides viewers with the story behind the origins of the restaurant and the heritage of the current owner. This adds to the personal and approachable brand of the business.

However, the website could be further enhanced through Facebook and Twitter accounts. This would allow additional advertising of special offers and help increase exposure of the business. A new buyer could also expand the business by promoting the existing outside catering arm and begin a delivery service. They could extend opening hours and operate during lunchtimes. This would significantly enhance the yearly income.

The owner has requested Intelligent Business Transfer to find a suitable buyer for this rare and exciting opportunity. It would particularly suit those already working in the catering and licenced industry looking for a bolt on acquisition. With a recent renovation, loyal customer base and ideal location, this business offers a huge potential for growth.

Features

Online Presence

Website: discoverybayuk.com

Location

Property

Annual Rent
£15,000
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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