Tearoom And Hmo Flats In Bournemouth For Sale

A unique opportunity to purchase an extremely low rent, risk free, profitable busy independent tearoom (and Licensed HMO flats above with annual rental income of over 32K). Benefits from a Premises License to serve alcohol and several parking spaces.
The coffee shop/tearoom has regular, loyal clientele located in Central Bournemouth with affluent customer base fitted and equipped to a high standard by the current operator. Attractive annual rent for City Centre and exempt from business rate. Currently operating daytime hours only (could open evenings).
Retirement/ill health forces sale.
Location 
Bournemouth is a popular, attractive and affluent Beach City. The City itself is a very popular tourist destination with its seaside resort towns. The University of Bournemouth and 7 miles of sandy beaches draw a large number of students and visitors to the City.. 
the business benefits from several parking spaces in its private car park
The property comprises a two storey unit with additional large basement with potential of baking class.
The unit itself has a prominent frontage with large windows highlighting the contemporary and comfortable coffee shop fit out. The signage is prominent on the kerbside attracting passers-by. the business benefits from 5 rental accommodations on upper floor generating over 32,000 income annually.
Internally there are 32 cover and the fit out has been carefully considered by the current owners furnished with mismatch and fashionable manner. The ground floor houses the servery counter and cake stands whilst the kitchen is located at the back
Trading & business 
The opening hours can vary but the current opening times are Monday-Saturday 9am-5pm and Sunday 10am-4pm and closed on Tuesdays. The option to open later and serve a dinner menu is also available which will of course will triple turnover.
The business has been trading for over 11 years and is operated by a chef, a manager and 2 part time staff members. A working owner can increase the profit by at least 30k.The level of turnover is healthy for a business of this size as are the net profits. Accounts are available on request.
The equipment is all owned and in working order with the most noticeable being the fryers, grills, sink with double basins, dishwasher, microwave ovens, several commercial fridge freezers and extraction system.
The business has an exceptional following and a loyal customer base. This is apparent on Google with a 4.4 star rating out of 5 and 5 star food hygiene rate 

it is a Leasehold business. The new 15 years lease started on December 2021, at a current rent of £12,000 per annum, exclusive, payable quarterly in advance. The premises is exempt from business rate.
For more information, please contact us by using the form below.