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Established Tea Room And Gift Shop In Bromyard For Sale

Bromyard, Herefordshire
Asking Price:
£375,000
Turnover:
£80,000
Net Profit:
Available on request

WELL ESTABLISHED TEA ROOM AND GIFT SHOP - HEREFORDSHIRE
Genuine reason for sale due to retirement
Situated in the market town of Bromyard
Advised annual turnover of £80,000
Onsite owners' accommodation
Monopoly trade in the area
Easy to run
FREEHOLD


Business History
Meridian Business Sales are delighted to offer for sale this superb tearoom/gift shop which was established by our clients around 10 years ago. Our clients are reluctantly offering the business to the market due to their desire to take well deserved retirement. Since the business was established they have invested time and money in the business and premises to the point where it is in full walk in condition and our clients have continually developed the business introducing new lines and income streams which has enhanced the business massively. Currently the business is being run at a pace that suits our clients lifestyle meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £80,000 with a gross profit of £35,000 which is derived from the sale of freshly prepared traditional cream teas, sandwiches, breakfast and lunch items and hot & cold beverages. The gift shop sells a range of locally produced jams, preserves and pickles together with contemporary art, children's games and puzzles. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business in an idyllic setting, which is a great base to build upon and as such early viewing is highly recommended to appreciate the character premises and location.


Location
This well presented freehold tea room/gift shop business has a prime location in the market square, a high passing trade location, in the market of Bromyard which is in Herefordshire. The timber framed building overlooks the market square which provides communal parking. The 450 year old character property is a short distance from the busy A44 Worcester Road which links several major areas including Worcester to Leominster. The road is used to give access to Mid Wales and as such sees a huge amount of passing motorists on a daily basis. Bromyard is a beautiful market town which offers a quiet and tranquil quality of life. The town has a fantastic variety of open countryside and quaint village passages which make it hugely popular with walkers and cyclists. All in all, this is an idyllic and truly desirable location. The town also benefits from having many popular neighbouring areas including Worcester, Hereford, Ledbury and Ludlow to name only a few.


Accommodation
Imposing Grade II listed property, well maintained mid detached, timber frame with brick and tile lay. Briefly comprising:

BASEMENT
Large Basement currently used for storage

Well signed prominent premises with 3 bay windows and secure entrance to:

GROUND FLOOR PREMISES
Tea room area with feature fireplace
Seating for 30
Kitchen
WC
Utility Area
Rear …..

FIRST FLOOR - Owners accommodation
3 x bedrooms
Lounge
Bathroom
Kitchen

EXTERNAL
There is a courtyard to the rear decking and seating area

Property information

Property:

Freehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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