TEA ROOM & COFFEE SHOP WITH ALCOHOL LICENCE
PRICE: £99,999 Plus SAV
LOCATION: LEIGH-ON-SEA, ESSEX
REF: C0150E
ADVERT: (Only Available to Registered Applicants)
DESCRIPTION:
STRICTLY CONFIDENTIAL SALE
TEA ROOM & COFFEE SHOP WITH ALCOHOL LICENCE trading from an IMPOSING DOUBLE PREMISES situated in a HIGHLY SOUGHT-AFTER AREA of AFFLUENT LEIGH-ON-SEA, ESSEX, benefiting from ENVIABLE LEVELS OF PASSING TRADE and a strong established local customer base. The premises have been trading as an eatery for OVER 25 YEARS and have been operated under the SAME OWNERSHIP SINCE 2023 by our client, who originally acquired the business. The business has established an excellent reputation and is RECOGNISABLE LOCALLY, whilst also being WELL KNOWN ACROSS THE COUNTY. This is supported by a 5-STAR FOOD HYGIENE RATING, along with a LOYAL & REGULAR CUSTOMER BASE and an increasingly popular reputation as a DESIRED VENUE FOR PRIVATE HIRE & PRIVATE FUNCTIONS. The premises are capable of accommodating 96+ COVERS, comprising 66+ INTERNAL COVERS AND 30+ EXTERNAL COVERS, providing an excellent capacity for both everyday trading and private events. The premises are VERY WELL PRESENTED throughout and benefit from QUALITY FIXTURES & FITTINGS, together with a FULL COMPLEMENT OF EQUIPMENT, allowing an incoming purchaser to continue trading with minimal additional expenditure. The current business specialises in a TRADITIONAL TEA ROOM MENU, complemented by popular HOMEMADE ICE CREAM & CAKES, creating a distinctive offering which has helped establish the business within the local market. We are advised that average takings are £5,000+ PER WEEK, with the premises held on a SECURE LEASE at a current rental of £31,860 PER ANNUM EXCLUSIVE. We are further advised that business rates are currently payable at approximately £803 PER MONTH. Whilst the business is already trading successfully, we believe there is FURTHER POTENTIAL TO INCREASE REVENUES & PROFITS. In particular, there may be scope, subject to planning and all necessary consents, to explore the installation of a FULL COMMERCIAL EXTRACTION SYSTEM, which could allow the introduction of an EVENING MENU and broaden the existing food offering. There is also potential to further develop the private hire and functions side of the business, utilising the substantial internal and external seating capacity. This represents a RARE OPPORTUNITY to acquire a WELL-ESTABLISHED & PROFITABLE BUSINESS with an enviable reputation, substantial trading footprint, multiple income opportunities and considerable scope for further development within one of Essex's most desirable coastal locations. An early viewing is strongly advised.
