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Restaurant/cafe for sale

£45,000

54 Patmos, Todmorden OL14

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and very popular tapas bar, which is ideally located in Todmorden, West Yorkshire.

The business was originally established by our client in 2004 and only now is it being offered to the market due to our client's desire for early retirement. This affords an excellent opportunity to negotiate the terms of a brand new lease as our client owns the freehold. The business currently operates at a pace to suit our client opening just 4 evenings per week, generating a turnover in the region of £70,000 per annum, with a good gross profit.

Our client offers a wide variety of tapas, sharing platters, specials and Paella, to name a few, as well as a selection of hot, cold and alcoholic beverages, specialising in Spanish bottled beers. The premises boasts approximately 50 internal covers, as well as a further 20 external covers. The property is very well maintained, decorated to a very high standard and extremely well fitted out to suit the trade.

The business has built up an enviable reputation within the area and further afield for the very high quality of the fayre and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening 7 days per week. A new owner could also embark on a modest marketing campaign to highlight the excellent food and service offered. The business already has a very informative website in place, which could incorporate online booking facilities. Our client has also taken advantage of social media, with a Facebook page, which has nearly 800 likes.

This is a wonderful opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already busy business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
The Tapas Bar occupies substantial two storey premises, ideally located on the very busy A646 Burnley Road, within the town of Todmorden, West Yorkshire. The Tapas Bar is surrounded by a wealth of complimentary shops and business, therefore benefiting from a very high volume of footfall and passing trade. The business further benefits from on street parking facilities to the front of the premises.

Todmorden is a market town and civil parish in the Upper Calder Valley in Calderdale, West Yorkshire. The town is at the confluence of three steep-sided Pennine valleys and is surrounded by moorlands. The area is very popular with tourists and visitors, due to the beautiful scenery surrounding the town.

The area of the business is very well served by the public transport system, with several bus stops within easy walking distance of the property. Todmorden railway station is just a 5 minute walk away. The area is also well served by the a-roads, with the business being situated on the A646, which links to the national a-road and motorway networks. Halifax is approximately 13 miles away and Manchester is 24 miles away.
Premises
Substantial two storey premises in an ideal trading location, briefly comprising:

Ground floor:

Main restaurant area:

Tables and chairs for 25 covers.

Excellent decor.

Many paintings and plates on walls, giving it a Mediterranean feel.

Main bar with seating for approximately 6 people,

Commercial kitchen:

Rangemaster cooker.

Hot plates.

Microwave ovens.

Refrigerators.

Freezers.

Storage.

Stainless steel hand wash basin.

Boiler.

Pans.

Cooking utensils.

Stair leading to upper floor.

First floor:

Approximately 25 covers.

Beautiful beamed ceiling.

Preserved old wooden flooring.

Ladies and gents WCs with hand wash basins.

The first floor is ideal for private parties.

External:

Large terraced area to front for approximately 20 covers.

Good signage.

On-street parking facilities.
Tenure
We are advised leasehold.

Our client owns the freehold. A new lease is offered with terms, including rent, to be negotiated.
Hours
The business is open:

Monday – Tuesday: Closed

Wednesday – Thursday: 4.00pm – 9.00pm

Friday: - Saturday: 4:00pm – 11:00pm

Sunday: Closed
staff
The business is owner run and managed with 3 x part-time staff members.
Financial profile
The business a turnover in the region of £70,000 per annum, with a good gross profit.

What Zoopla users think of Todmorden

Overall rating:

  • currently 4.5 stars
Very good - 88% (32 ratings)

Ratings breakdown:

  • currently stars
Community & safety
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Entertainment & nightlife
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Parks & recreation
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  • currently stars
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  • 1
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Nearby transport

  • Todmorden (0.2 miles)
  • Walsden (1.4 miles)
  • Hebden Bridge (3.9 miles)
  • Leeds Bradford International Airport (20.6 miles)
  • Manchester International Airport (26.1 miles)
  • Blackpool International Airport (38.2 miles)
  • Knott End-On-Sea Ferry Landing (39.5 miles)
  • Heysham Ferry Terminal (39.8 miles)
  • Fleetwood for Knott End Ferry Landing (39.8 miles)

Nearby schools

View all schools in Calderdale
  • Todmorden CofE J, I & N School (0.1 miles)
  • St Joseph's RC Primary School, Todmorden (0.1 miles)
  • Ferney Lee Primary School (0.3 miles)
  • Rochdale Sixth Form College (7.4 miles)
  • UTC Lancashire (8.2 miles)
  • The Maltings College (8.2 miles)
  • Todmorden High School (0.6 miles)
  • Calder Valley Steiner School (4.1 miles)
  • Broadclough Lodge (4.3 miles)
Note: Distances are straight line measurements

Local info for Calderdale

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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