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26

Oct 2021

Last Updated: 26/10/2021
Business
Business

Masham restaurant founders to sell business after 16 years

by Connor Creaghan

| 26 Oct, 2021
Comment

0

Jon and Laura Vennell, who opened Vennell's in 2005, say it's 'time to pursue our next adventure'. The restaurant has appeared in the Michelin Guide for 14 consecutive years.

vennells
Vennell's Restaurant is set in a large Grade II listed property.

The owners of a fine dining restaurant in Masham have put the business up for sale after 16 years at the helm.

Jon and Laura Vennell opened Vennell's Restaurant on Silver Street in 2005.

Since then the restaurant founders can boast 14 consecutive years in the Michelin Guide, the Good Food Guide and the AA Restaurant Guide.

Vennell's is set in a large Grade II listed Georgian property, which has recently been refurbished. The restaurant is on the ground floor and there is accommodation on the first and second floors.



However, Mr and Ms Vennell have decided to move on and have listed the restaurant for sale at an undisclosed fee with Christie & Co. They said in a joint statement:

"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 70s.
"The building, following an extensive renovation both inside and out this year is in exceptional 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."






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David Cash, associate director in Christie & Co’s hospitality team, is handling the sale. He said Vennell's was "a quality eatery and presents massive potential". He added:

“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.