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Renowned Tea Rooms With An Outstanding Reputation For Sale

Newark, Nottinghamshire, UK
Asking Price:
£339,995
Turnover:
Available on request
Net Profit:
Available on request

CoGoGo is thrilled to present The Old Bakery Tea Rooms, a beloved and well-known licensed café and restaurant.

This exceptional lifestyle opportunity is now available due to our client's focus on other business ventures. Our client has cultivated an idyllic café atmosphere that fully embraces the history and character of the building. The business has been established for over 24 years and has been under our client's ownership since 2023.

The café is renowned for serving fresh, traditional, homemade food prepared on-site. The delicious daytime menu includes:
Breakfast
Lunchtime specials
Snacks
Quiches, soups, and salads
Scones, cakes, and tarts
Popular afternoon teas

The venue offers hire options for private parties, meetings, and special events, with a seating capacity of 50 (30 upstairs alone).

For private events, our client provides full catering for functions at The Bakery or external locations for groups up to 100. They can also offer advice on menu selection, table settings, and complementary wine choices.

Our client suggests several ways a new owner could quickly increase current turnover levels:
Introduce an evening menu or specific set menus on certain days
Expand the alcohol menu
Offer a local delivery service
Enhance social media presence and host special themed evenings

The business also holds a crafts license, allowing the sale of cards, paintings, pictures, etc., which presents an additional revenue opportunity.

Key features include:
Open 7 days a week, all year round
Alcohol license from 9 am to midnight
Excellent reviews: 5-star Food & Hygiene Rating, 4.5/5 on TripAdvisor, 4.5/5 on Facebook, excellent Google reviews, and positive local and national press coverage

Businesses of this type, location, and historical significance rarely come to market, so we strongly advise early inquiries to avoid disappointment.

Financial Profile

The business generated a turnover of £160,000. Full financials can be made available upon further request.

Property Information

Property:

Freehold

Location:

The Old Bakery Tea Rooms is housed in a charming and unique Tudor building in the heart of Newark, Nottinghamshire.

The ‘Tudor Bake House’ is a medieval timber-framed structure and the only one of three shops to be restored during the area’s redevelopment in the 1970s.

From the main Market Square, a cobbled alleyway on the northwest side leads to Queens Head Court, where the Tudor Bakehouse awaits.

Dating back to the 15th century, this building is a must-see for visitors to historic Newark.

Newark, officially known as Newark-on-Trent, is a picturesque and bustling market town situated at the confluence of the River Trent and the River Devon, where the Great North Road intersects with the Fosse Way Roman Road.

The town developed around a 12th-century castle, now in ruins, and a large marketplace lined with historic buildings. Today, Newark has become a popular commuter town for Lincoln and Nottingham.

The nearest Pay and Display car park is Town Wharf.

Newark Northgate is just a two-minute walk from the café.

Premises Details:

Front External: At the front of the property, there are three tables, each with four chairs, but this setup can be expanded to accommodate up to 25 covers.

Ground Floor: The ground floor features a 12-cover dining area, a main counter servery, and a fully fitted kitchen.

First Floor: Accessible via a solid wood staircase, the first floor offers a larger space for 35 covers and includes additional customer toilets.

Equipment Included:
2x undercounter fridges
6x hob electric cooker & oven
4x door counter fridge
1x Salamander grill
1x top & bottom grill
2x microwaves
1x tall fridge
1x small freezer
1x tall freezer
1x drinks fridge
1x dishwasher
1x 2-arm coffee machine
1x cake display
2x Epsom touchscreen till points
Large selection of solid wooden chairs and tables, including highchairs
2x toasters
Pots & pans
Plates & Dishes
Kettles
Selection of China tea pots, coffee pots, and crockery

Business Operation

Trading hours:

The current trading hours are:
Monday : Closed

Tuesday - Saturday : 9am to 5pm

Sunday : Closed

Employees:
The business is currently run and managed by our client with the help of 1 full-time and 3 part-time staff members.