Restaurants for sale in Todmorden

View the "Award Winning Bar and Restaurant" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I am delighted with the service – I’ve sold my business and highly recommend Daltons to other business sellers 

Marianne Ross (April 2014)
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Leasehold Price: £79,950 Price Reduced Turnover: £260,000 Gross Profit: £156,000
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Business Description
BUSINESS
Hilton Smythe welcomes to the market BlackBird Bar.  The business was established by our client 18 months ago and has quickly become a popular eatery and bar within the town, being very well supported by locals and visitors to the town.

This award winning bar and restaurant has been recognised by Waitrose Good Food Guide (2016 & 2017) and offers an array of high quality dishes using ingredients sourced from local independent producers wherever possible.  The menu offers something that little bit different, best described as small plate dishes similar to tapas and meze.   The bar offers a fine selection of wines and spirits and local and continental beers and is very popular for its house and classic cocktails and quality fresh coffees.

The business has seen tremendous growth in the relatively short time of trading and according to the latest set of accounts the business reports turnover at a very healthy £260,000 with gross profit at around 60%.  The business has excellent reviews on TripAdvisor, at one point reaching the 5th highest rated restaurant in all of West Yorkshire and Certificate of Excellence 2016.

The bar is immaculately presented both externally and internally offering a cosy and intimate atmosphere, a great place to relax and unwind.  Food is prepared in the commercial grade kitchen with a high level of equipment installed.

The business has an informative website www.blackbirdbar.co.uk and has a presence on social media platforms Twitter and Facebook with over 1500 likes and regular posts and features.  The business has excellent reviews on TripAdvisor.

Above the business is a substantial and well-presented 2-bedroom flat, currently unoccupied offering the opportunity of owner living accommodation or let out to generate additional income.

The business genuinely comes to the market as our client is relocating.  Early viewing of this outstanding business is highly recommended, suitable perhaps for a new owner with experience and a passion in the industry to take the business to the next level.

LOCATION
The business is located in the historic market town of Todmorden in the picturesque Upper Calder Valley in West Yorkshire.

Blackbird Bar occupies a prime location on the attractive cobbled Water Street within the town centre, surrounded by a plethora of diverse independent retail outlets, pubs, eateries and town centre amenities ensuring a high and constant flow of footfall.

The River Calder tributary Walsden Water runs through the town adding to the pleasing aesthetics of Todmorden attracting many day visitors.  The town is situated at the meeting point of three steep valleys and is an ideal base for the many walkers and cyclists exploring this stunning region.

The town is easily accessible from the A646 and A6033 and the area has a good network of bus services running throughout the day and boasts its own railway station.

PREMISES
Well-presented frontage with good signage.

Ground

Entry to the bar from the front, directly in front a large cocktail bar and cash register with modern software system.  Dining area with 16 covers.  Located down a small passage way at the back of the room is another large seating area for approx. 20 covers but could be increased and access to one shared toilet.   

Basement

Basement room comprises to the left a large stock room keeping mainly fresh produce and alcohol and housing two large double freezers for cold storage.

Directly in front of the stairs is a large commercial kitchen kept very clean and tidy, to  the right is the dishwashing room and a small door leading to an outside courtyard.

First

Massive kitchen and lounge room, on the opposite side of the first floor is a bathroom featuring shower, toilet and vanity. All very modern and well kept.

Second

2 Large double bedrooms

One of which is a master bedroom approx 5.0m X 5.0m

Great street exposure and electronic roller shutters for security.

TENURE
We are advised leasehold

The original lease length is 4 years

As of 2016, 2 years remain on the lease.

Rent is £800 per month.

HOURS
The business opens 7 days a week 12.00 noon to 11.00pm

STAFF
The business is owner run with the assistance of 4 full time and 5 part time member of staff.

FINANCIAL PROFILE
The business has seen tremendous growth in the relatively short time of trading and according to the latest set of accounts the business reports turnover as a very healthy £260,000 with gross profit at around 60%.



Tenure: Leasehold

Listed by: Hilton Smythe
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