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The Raby Hunt, Summerhouse, Darlington, County Durham, DL2 3UD

£750,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Restaurant for sale

Key features

  • Former 2 Michelin Star Restaurant
  • Quintessential Rural Village Setting
  • Superbly fitted & immaculately presented
  • Five double ensuite letting bedrooms
  • Average t/o for last 2 years: £1,098,807p/y
  • Grade II Listed. EPC Rating C
  • Christie & Co Ref: 6450523

Description

Description

Set in a pretty rural village, this former drovers' inn was previously part of the Raby Estate.

The Raby Hunt is a superb example of a state-of-the-art restaurant decorated in a contemporary style, fully fitted
with cutting-edge equipment and high end furnishing. The property is in turnkey condition, and able to trade
immediately without any need for investment.

Location

The Raby Hunt occupies a prominent roadside position in the quant village of Summerhouse, in Country Durham.
Darlington town centre is around 6.5 miles to the east, Barnard Castle 11 miles to the west and the Cathedral
City of Durham 25 miles north.

Nearby attractions include, the 14th Century Raby Castle & Estate, the world famous open-air Beamish
Museum, and Bowes Museum. The North Pennines Area of Outstanding Natural Beauty is within 20 miles and the
Yorkshire Dales and North York Moors National Parks are all within 40 miles.

Internal Details

Entering from the car park, you are met with an insight in to the working kitchen. Once over the threshold,
the reception area affords guests the opportunity to hang their coats and make themselves comfortable.
Immediately to the left is the 'Chef's table' with a front row seat in to the state of the art kitchen where the Head
Chef and the team work meticulously to prepare the best food for miles around. A real show-piece.

Beyond is an elegant restaurant, currently set up for 30 covers.

Beyond is a wine tasting area, with a high table seating six. Again this could be repositioned as a snug or private
dining area.

Fixtures & Fittings

We are advised that all fixtures, fittings and equipment are free from hire/ lease purchase and included in the sale, subject to an inventory.

Letting Accommodation

There a five double en-suite letting bedrooms all individually designed and decorated, offering luxury accommodation to guests.

External Details

Ample parking for the size of the operation to the front and the rear of the property. Growing area within courtyard.

The Opportunity

The Raby Hunt presents a superb opportunity for a restaurateur to purchase a 'best in class' premises which
was established as a high-end eatery in 2009, gaining it's first Michelin Star in 2012 and a second in 2017 under the stewardship of Chef Patron, James Close.

Fantastic opportunity to purchase a formerly top-rated restaurant in the UK, once voted 4th best restaurant in the UK by Good Food Guide and previous holder of 2 Michelin Stars.

Equally, if somebody wanted to reposition the business as a more traditional restaurant operation then this is more
than feasible. The property could also be converted into a stunning Bed and Breakfast.

Chef-Patron, James Close has taken the decision to sell the business and property to pursue an exciting new venture.

FOR SALE: £750,000
The freehold interest in the Property, along with all fixtures, fittings & equipment (inventory available on request) along with the ?RABY HUNT? title, domain name and intellectual property, including social media following etc.

Further terms are to be negotiated.

Trading Information

The average turnover (net of VAT) for the last two years is £1,098,807 per year and the average adjusted net profit for the last two years is £203,690 per year.

Further, more detailed trading information can be provided to seriously interested, proceedable parties on request and subject to signature of an NDA.

Business Rates

The Rateable Value as per the April 2023 list is £20,000. Confirmation of actual rates payable should be sought from the Local Authority.

Regulatory

Premises License.

Energy Performance Certificates

EPC 1

Brochures

The Raby Hunt, Summerhouse, Darlington, County Durham, DL2 3UD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shildon Station4.6 miles
  • Heighington Station4.8 miles
  • Newton Aycliffe Station5.1 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

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Notes

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Disclaimer - Property reference 6450523-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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