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Restaurant/cafe for sale

£14,500

93-95 Market Stall, Halifax HX1

Interested in this property? Call +44 1204 351867 * or

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well established and busy herbal tea room and organic bar in Halifax, West Yorkshire.

The business was established by our client in 2015 and is only now being offered to the market, due to our client’s desire for early retirement. The business currently operates 6 days per week and generates a turnover in the region of £52,000 per annum, with a good gross profit.

Our client offers a wide range of aromatic teas and herbal remedies, organic soft drinks, fresh and flavoured coffee from all around the world, luxurious cocktails, a large variety of wines, handmade liqueurs, spirits and beer, as well as a range of organic herbs. The tearoom boasts 18 covers and is decorated to a high standard.

The business has built up an excellent reputation within the area for the high quality of the goods 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 embarking on a modest marketing campaign to highlight the excellent goods offered. The business would also benefit from the launch of a website to promote the produce.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early discussions with Hilton Smythe must come highly recommended to void disappointment.

Location
The Nut House occupies indoor premises, ideally located within Halifax Borough Market, West Yorkshire. The business is surrounded by a wealth of shops and stalls and benefits from a very high volume of footfall. The Victorian covered market is located within the town centre, between Southgate, Albion Street and Market Street. The glass and wrought iron covered marketplace, is surrounded by stone built shops and accommodation.

Halifax is a minster town in the Metropolitan Borough of Calderdale in West Yorkshire. The town is known for Mackintosh’s chocolate and toffee products, including Rolo and Quality Street. According to the 2004 census, the town had a residential population of 82,500.

The area of the business is very well served by the public transport system, with several bus stops within easy walking distance. Halifax railway station is less than half a mile away. The area is also well served by the a-roads, with both the A58 and A629 being within easy driving distance of the business. Bradford is approximately 8½ miles away and Huddersfield is 8 miles away.
Premises
Substantial herbal tea room set within a prime trading location, briefly comprising:

Beautiful wooden decked area to the side of the shop.

Wooden tables and chairs for 18 covers.

Artificial grass flooring.

Wooden spindles to outside seating area.

Bar/shop area with:

Wooden natural feel.

Laminate flooring.

Bar with beer pumps, bottled beers, wines, spirits, electronic cash register, credit/debit card machine, shelving to sides, bottles of herbal teas and electric lighting.
Tenure
We are advised Leasehold:

Rolling lease.

Rent: £8,000 per annum
hours
The business is open:

Monday – Saturday: 9.00am – 5.00pm

Sunday: Closed
staff
The business is owner run and managed with 4 x staff members.
Financial profile
The business generates a turnover in the region of £52,000 per annum, with a good gross profit.

What Zoopla users think of Halifax

Overall rating:

  • currently 4 stars
Very good - 76% (111 ratings)

Ratings breakdown:

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Nearby transport

  • Halifax (0.2 miles)
  • Sowerby Bridge (2.2 miles)
  • Brighouse (3.7 miles)
  • Leeds Bradford International Airport (12.8 miles)
  • Manchester International Airport (30.7 miles)
  • Robin Hood Airport (39.1 miles)
  • Heysham Ferry Terminal (48.0 miles)
  • Knott End-On-Sea Ferry Landing (48.6 miles)
  • Fleetwood for Knott End Ferry Landing (48.9 miles)

Nearby schools

View all schools in Calderdale
  • St Joseph's Catholic Primary School (0.5 miles)
  • Beech Hill School (0.5 miles)
  • St Mary's Catholic Primary School (0.5 miles)
  • Calderdale College (0.7 miles)
  • The Maltings College (2.0 miles)
  • Huddersfield New College (4.8 miles)
  • Stafford Hall School (1.0 mile)
  • The Crossley Heath School (1.1 miles)
  • The Halifax Academy (1.4 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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