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Successful Tea Shop In Thriving Tourist Location For Sale

Aysgarth, North Yorkshire, UK
Asking Price:
£60,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
On request
Net Profit:
On request

The Mill Race Tea Shop occupies a superb trading position within the historic Yore Mill, ideally located close to the renowned Aysgarth Falls in the heart of Wensleydale.

Aysgarth Falls has drawn visitors for over 200 years, celebrated for its natural beauty and famously admired by figures such as William Wordsworth, J.M.W. Turner and John Ruskin. More recently, it featured in the film Robin Hood: Prince of Thieves, further cementing its status as a well-known tourist destination. Positioned just off the A684 between Leyburn and Hawes, the area benefits from strong passing trade throughout the year.

This is a charming and long-established traditional tea room, trading from this location since the 1980s and operated by the current owners since 2016.

The business is currently run on limited opening hours to suit the owners’ lifestyle, presenting clear scope for a new owner to extend trading hours and further increase turnover and profitability. Although currently operated on limited hours, the business generates a strong turnover of £214,537 for the year ended 26th April 2024, with a net profit of £14,568.

The business is profitable as it stands, and could earn more if a hands-on owner extended the opening hours.

The tea shop itself enjoys an enviable position overlooking the upper falls, offering a truly unique setting that naturally attracts visitors. The premises form part of Yore Mill, a characterful building dating back to 1784, formerly used as a cotton, woollen and corn mill.

Internally, the property is full of charm, featuring exposed beams and a striking stone archway. The ground floor provides a welcoming tea room with seating for 18+ covers, along with a retail area and a well-equipped catering kitchen. To the lower ground floor is a large storeroom together with ladies’ and gents’ WC facilities.

Overall, this is an excellent opportunity to acquire an established business in a highly sought-after and picturesque location within the Yorkshire Dales National Park.

Property Information

Property:

Leasehold

Lease Terms:

The property is held on a leasehold basis, with the current lease running from 21st September 2023 to 14th June 2032, with approximately 6 years remaining. A tenant break clause is in place on 15th June 2026, providing additional flexibility for the incoming occupier, subject to the lease terms.

Location:

Aysgarth Falls has drawn visitors for over 200 years, celebrated for its natural beauty and famously admired by figures such as William Wordsworth, J.M.W. Turner and John Ruskin. More recently, it featured in the film Robin Hood: Prince of Thieves, further cementing its status as a well-known tourist destination. Positioned just off the A684 between Leyburn and Hawes, the area benefits from strong passing trade throughout the year.

Energy Performance Rating:
C  View EPC Graph for this property