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.
