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Busy And Well Loved Tea Room In Uttoxeter For Sale

Uttoxeter, Staffordshire, UK
Asking Price:
£49,950 Furniture / Fixtures included
Turnover:
£130,000
Net Profit:
Under £50K

# offers invited around £49950

City Business Brokers are pleased to bring to the market this Busy and well loved Tea Room and Bistro located in a very well known Market town in Staffordshire

Operating from well fitted and presented premises, the business currently primarily offers a full and varied in-house menu of “home made ” classic hot and cold food , snacks, sandwiches, lunches, side orders, pastries and beverages prepared freshly to order in its fully equipped catering facilities and served in the pleasant surroundings of an attractively period furnished dining area which may comfortably accommodate up to 85 covers. ( 3 levels )

There is scope for continued growth, not least with regard to opening in the evenings for more wine and dining experience …. a degree of menu and product expansion and the possible provision of local delivery and outside catering services will also provide added revenues

The business may also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of on-line advertising and ordering in order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form some eight successful years ago by the current owner and we would strongly recommend the earliest possible viewing to avoid disappointment.

Other points to note are

New Kitchen refurbishment carried out in 2019 ( circa £55000)

Licenced which will allow for longer opening hours ie 7.30am -10pm , hence greater revenue and maybe extend opening to Sundays

Financial Information

Current turnover in the region of £110000 + with huge scope to increase –

Lease

The premises are being offered with the benefit of a secure year lease with expiration 2032

Rent

The current rent stands at approximately £1339.64 per month

Business Rates

We are advised that the Business Rates are £82 per month

Trading Hours

Monday to Saturday – 9.30 am to 4 pm; Sunday – Closed

Staff – 1full time and 2part time staff and Saturday staff

Property Description

Fitted and presented to high trade specifications throughout, these well maintained leasehold premises provide excellent and highly functional internal business accommodation which to the ground floor consists of an inviting glazed fronted public entrance directly off the high street into a bright and welcoming in-house waiting area which houses a full range of traditional high quality fixed and freestanding display furniture and shelving with preparation kitchen area with extraction system housing ample work surfaces, storage units, fitted sink unit and a full range of modern appliances

Lower level – A further tea room and serving facilities

Upper Level – Private Dining Experience in a period setting

To the exterior, the premises are well signed and presented and afford ample and inviting display window space on to a high footfall high Street

Would suit a full time owner/couple to maximise profits –

A full profile is available once a non disclosure agreement has been signed.

Property Information

Property:

Leasehold

Leasehold Rent:

£16,788 per annum

Location:

Central Town Location

Premises Details:

3 level superb premises , with a superb Kitchen !

Business Operation

Expansion Potential:

Menu variation , longer opening hours , greater social media ... to maximise profits it needs to be ideally owner run to maximise profits

Reasons for selling:

Retirement

Trading hours:

9-4 pm 6 days , closed on Sundays .

Employees:
1ft 2 pt

Other Information

Furniture / Fixtures value:
£60,000 - included in the asking price