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Delightful Tea Room In South Warwickshire For Sale

Warwickshire, UK
Asking Price:
On request
Turnover:
£260,000
Net Profit:
£50,000

This is a truly delightful tea room in South Warwickshire, close to the Cotswolds.

The business is long established and very profitable. Run under management the business generates weekly income of £4½k-£5½k per week on good profit margins.

The business occupies a two-storey, cottage style property, in a prime location on the High Street of a popular town centre. The ground floor comprises a seating area for 9 tables (24 covers) inside and 6 covers to the frontage as well as a service kitchen and two toilets. The first floor has a stock room, a freezer room, an office and a preparation kitchen. There is also a basement to the building for additional storage.
The area provides excellent footfall demonstrating circa 12% growth over previous year through return of tourism as well as new housing developments in the region.

There is huge scope for business development through increasing the number of bistro evenings, re-introducing Sunday lunch, events/theme nights and increased marketing activity.

This is a strictly confidential sale. The business is very well known in the area and we will require an NDA prior to release of further information. To receive more details and the opportunity to complete our NDA please click through to request sales particulars or contact Business Partnership Warwickshire office directly.

Key features:
- A Truly Delightful Tea Room in South Warwickshire
- Long Established and Profitable Business
- Prime High Street Location in a Beautiful Town Centre close to The Cotswolds
- The Business is Run under Management
- Taking £4,500 to £5,500 per Week on Good Profit Margins
- Would Suit a Husband/Wife Team or an Add-On to Established Chain
- Retirement Sale

Property Information

Property:

Leasehold

Lease Terms:

Current Rent: £19,800 per annum with with rent reviews every 3 years. The landlord is willing to enter into discussions with an interested party re extending the lease!