Masham’s award-winning Vennell’s Restaurant comes up for sale
Specialist business property adviser, Christie & Co is delighted to be marketing Vennell’s Restaurant, an award-winning fine dining restaurant located in the beautiful and highly sought-after market town of Masham, North Yorkshire.
Business. Built around You.
Your expert business property advisers
Opened in 2005 by Jon and Laura Vennell, Vennell’s Restaurant has established an enviable reputation throughout the region, which featured in the Michelin Guide, AA and Good food guide for 14 consecutive years.
The restaurant is set in a large, charming Grade II listed Georgian property just off Masham’s town square, and has undergone an extensive refurbishment in recent months. It comprises the contemporary ground floor dining area and a private dining room on the lower ground floor. The property also benefits from outstanding owner’s accommodation arranged on the first and second floors.
This sale presents an exciting opportunity for an accomplished and enthusiastic chef to take on an ideally located and very well-established business in the picturesque North Yorkshire region. Jon and Laura are prepared to sell the business with or without its name and goodwill, depending on the purchasers wishes, so there is scope to introduce a different style of cuisine or more relaxed offering if desired.
The business is extremely lean in terms of overheads due to the manner in which it is run. An incoming purchaser would not inherit a large team of staff, giving them the flexibility to scale up or down as they wish.
Jon and Laura comment, “Now in our 17th year as guardians of this amazing building, it is time to pursue our next adventure. The locals have always supported the restaurant on this site which dates back to the 70’s. The building, following an extensive renovation both inside and out this year is in exeptional condition, as is this business breaking all records in the last four months. The scope to run this restaurant more as a business than a lifestyle is massive.”
David Cash, Associate Director in Christie & Co’s Hospitality team is handling the sale and comments, “Ordinarily town centre restaurants are held on a leasehold basis and rarely do freehold opportunities like this one present themselves. In addition, rarely do hospitality business premises come with such substantial living accommodation. Vennell’s presents an opportunity for an experienced chef to live and work in an immaculately presented property, which has seen a great deal of investment recently. Not only that, but they stand to benefit massively from the reputation that Jon and Laura have built over the past 16 years. Vennell’s is known far and wide as a quality eatery and presents massive potential.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
David Cash, Associate Director
P: +44 (0) 7736 621 023
E: david.cash@christie.com