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Restaurant/cafe for sale

£25,000

23 Water Street, Todmorden OL14

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Property 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 2016 accounts the business reports turnover in the region of £185,000 with gross profit at around 63%. 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 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
The sale is to be of both tangible and intangible assets of Blackbird.

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 2016 accounts the business reports turnover in the region of £185,000 with gross profit at around 63%.

What Zoopla users think of Todmorden

Overall rating:

  • currently 4.5 stars
Very good - 87% (35 ratings)

Ratings breakdown:

  • currently stars
Community & safety
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Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
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Entertainment & nightlife
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Parks & recreation
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Restaurants & shopping
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Schools & public services
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Transport & travel
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Nearby transport

  • Todmorden (0.1 miles)
  • Walsden (1.2 miles)
  • Hebden Bridge (4.0 miles)
  • Leeds Bradford International Airport (20.8 miles)
  • Manchester International Airport (25.9 miles)
  • Blackpool International Airport (38.3 miles)
  • Knott End-On-Sea Ferry Landing (39.6 miles)
  • Heysham Ferry Terminal (40.0 miles)
  • Fleetwood for Knott End Ferry Landing (40.0 miles)

Nearby schools

View all schools in Calderdale
  • Todmorden CofE J, I & N School (0.3 miles)
  • St Joseph's RC Primary School, Todmorden (0.3 miles)
  • Shade Primary School (0.6 miles)
  • Rochdale Sixth Form College (7.2 miles)
  • The Maltings College (8.2 miles)
  • UTC Lancashire (8.3 miles)
  • Todmorden High School (0.8 miles)
  • Calder Valley Steiner School (4.0 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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