The Quarry Inn was demolished and rebuilt within the last 10 years and comprises modern restaurant and bar premises facing Quarry Hill. The premises include restaurant space at both ground and first floor along with main kitchen area and ancillary facilities.
Externally to the rear and side the premises benefit from a surfaced car parking area.
Location
The Quarry Inn is situated on the main A642 Quarrry Hill/Bridge Road which connects Horbury Bridge with Horbury. The immediate area has a variety of successful hospitality including Capri, The Bingley Arms (Ossett Brewery Ltd) and Di Bosco – all Horbury Bridge - along with OL & Bistro Forty Two in the centre of Horbury.
The property is situated between Wakefield city centre and Huddersfield town centre.
Accommodation
Ground floor - Comprising reception, restaurant seating area, kitchen & ancillary space
First floor - Comprising further restaurant & seating area plus toilets & external balcony
Gross Internal Floor Area - 565m² (6,081 sq. ft)
Terms
Price - Seeking offers in the region of £750,000 (subject to the aforementioned lease).
Tenancy - The premises were let in April 2024 to Kasmir Aroma (Horbury) LLP (OC451042) with guarantee by way of a 7 year lease incorporating an option to break after 5 years. From April 2025 the passing rent is £45,000 per annum exclusive with further increases in April 2026 to £47,333 to £49,667 per annum in April 2027 and £52,000 from April 2028. Concessions in the rent were agreed for the tenant to carry out their fit out.
Non Domestic Rating - We are informed by the Valuation Office website the premises are assessed as:-
Restaurant & Premises - RV £21,000
The National Uniform Business Rate for 2024/25 is 49.9p in the £, ignoring transitional phasing relief and allowances to small businesses.
Prospective purchasers should satisfy themselves with regard to all rating and planning matters direct with the Local Authority, Wakefield Council Tel: 0345 8506506.
Services - We are advised the premises benefit from all mains services including electricity along with individual appliances including heating and lighting. However no tests have been carried out on any of the aforementioned services or appliances and therefore we are unable to comment as to their condition or capacity.
VAT - All rents and prices are quoted exclusive of VAT.
Specification
- High quality refurbished restaurant occupied by Kashmir Aroma since spring 2024
- Strategically located in popular suburb of Wakefield with extensive frontage to A642 Quarry Hill/Bridge Road & onsite parking
- Lease expiry 2031 with stepped rent increases