Licensed Tea Rooms Located In Leamington Spa

Licensed Tearooms in Warwickshire For Sale
Ref 2050

Location
This outstanding concern is located in Warwickshire

Business information
Business: £59,950 Plus SAV
Turnover: £170,021
GP: £94,567 pa
Stock: £3,000


Leasehold
Term: 5 years
Remaining: 2 1/2 years
Rent: £12,000 +vat pa
Service charge: £400 pa
Rates: £8,600


Business Description
Veritas Business sales are delighted to offer for sale this respected Licensed Tea room concern. The business has been in the careful hands of the current Directors the last 4 years when they set this up from an empty unit. The business still continues to thriving and is reluctantly being offer for sale to pursue a well deserved retirement. Since ownership they have continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which means that any new purchaser will not need to spend any additional funds for some time. The business is owner operated and requires the help of 3 part time and 4 casual weekend helpers and has an annual turnover of £170,021 net of vat. It is a quintessentially English tea room, providing a large selection of award winning loose leaf teas and coffees, locally baked cakes, scones, breads and paninis. We believe that there is further potential to increase trade by expanding the outside catering and the current owners had considered taking the retail shop next door and knocking through to cope with the ever increasing demand. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with the many visitors due to its TripAdvisor Certificate of Excellence. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed. 

Opening Hours

Monday – Saturday – 10.00am – 5.00pm
Sunday – 10.00am – 4.30pm

Ground Floor
Tea room comprising: split level trading area with seating for(38), sales counter with epos cash register, cake display stands, vintage dresser, and vintage cabinet.
W/C and wash basin
Small store room
Catering kitchen comprising: dual hot water boiler (Lincat), dishwasher, ice machine, double panini machine, sink with jet spray, wash basin, salad topping fridge, stainless steel work surfaces, microwaves x 3, double door drinks chiller, tall upright freezer, small upright freezer x 2, fridge and storage shelves.

External
Front seating area for (6)