Christie & Co instructed to market former two Michelin starred restaurant near Darlington – The Raby Hunt
Specialist business property adviser, Christie & Co has been instructed to market The Raby Hunt, a stunning restaurant with rooms near Darlington. The business is available for sale or to let.
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The Raby Hunt closed its door for the final time on 27th January 2024, with the former chef-patron, James Close having taken up a new position as Culinary Director at Rockliffe Hall. The restaurant, which is owned by Close’s parents, is now offered for sale on a freehold basis, or to let (new lease offered), due the family having received early interest from potential, would-be tenants.
Russell and Helene Close, comment, “The reason we’ve opted to offer the restaurant to let as well as for sale, is that we have absolute faith that in the hands of a capable and experienced chef/operator, this premises can retain its reputation for being a go-to for diners, both locally and from further afield. James established this premises as a destination restaurant, and we have lots of other, superb eateries in the area.
“As well as just coming here to dine, we can see huge potential in encouraging people to stay for more than just the food and spend time in the region, visiting places like Barnard Castle, Bowes Museum or Durham City. The North Pennines Area of Outstanding Natural Beauty and the Yorkshire Dales National Park are both within easy reach also. The letting accommodation side of the business has huge growth potential. As well as letting the premises, we are offering for sale all fixtures, fittings and equipment, and importantly, the business name, intellectual property, and the social media following that go with it. This gives any new operator an unbelievable platform to showcase what they have to offer.”
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.
David Cash, Regional Director at Christie & Co adds, “We are delighted to have been appointed by the Close family to sell this superb restaurant with rooms. We expect interest from other, very capable and ambitious chefs, as well as hospitality operators who have other venues elsewhere who see the Raby Hunt sitting well within their portfolio.”
The freehold (to include all fixtures, fittings, equipment & IP etc) is offered For Sale at £750,000, the Leasehold is being advertised at price/rent on application, with prospective tenants being a encouraged to contact David Cash at Christie & Co to discuss the opportunity in more detail.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7448 8849 or E: bronte.hughes@christie.com
Contact the agent:
David Cash, Regional Director – Pubs & Restaurants North
P: +44 (0) 7736 621 023 or E: david.cash@christie.com
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