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A Tea House In Hounds Gate, Nottingham For Sale

Nottingham, Nottinghamshire, UK
Asking Price:
£19,950 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Ellis & Ellis, Nottinghamshire is pleased to offer this tea house which is to be found on Hounds Gate, just a short distance from St Peter’s Church and Square in the centre of Nottingham.

Marks & Spencer is just 50 meters away.

Unusually for a shop premises in the heart of the city centre there is owner’s living accommodation included within the rent which makes this an appealing opportunity for a buyer wishing to live ‘above the shop’.

The eating area is set for 18.

A really appealing business and a genuine reason for the sale.

Property Information

Property:

Leasehold

Lease Terms:

For details of rent payable, please request full sales details.

Living Accommodation:

This is included within the rent paid and is approached by stairs from the servery. This comprises a kitchen & living area on the 1st floor together with a new bathroom with shower, & double bedroom on the 2nd floor. A small fridge, washing machine, oven, gas hob & carpet is included.

Location:

On Hounds Gate in the centre of the city and between Marks & Spencer and Nottingham Castle.

Premises Details:

Leasehold retail premises with accommodation on the 1st and 2nd floors.
The accommodation is not however self contained.

Business Operation

Competition / Market:

Normal city centre competition but the businesses trading from this location over the years have always done well.

Reasons for selling:

There are genuine family related reasons for the sale.

Trading hours:

Not open currently due to restrictions.

Employees:
1 full time member of staff and 2 part time members of staff are able to run the business.
Years established:
Similar businesses have traded here for many years.

Other Information

Support & training:

A full handover will be provided.

Furniture / Fixtures value:
£4,000 - included in the asking price

Contact Information

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