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Tea Rooms and Cafe In Warwick

Warwick
Business ID:
#2127
  • Ref: 2127
  • Type: Catering
  • Availability: Sold
  • Business ID: 2127
  • Price Postfix: Veritas

    Full Details

    Tea Rooms & Cafe In Warwick For Sale
    Ref 2127

    Location

    This delightful Tea Rooms & Cafe business is located in the historic town of Warwick which is a popular tourist hotspot. It’s located within a prominent and highly visible position on the main thoroughfare, close to the castle and is among numerous other complimentary independent retailers.

    Business information

    Asking Price: £21,950 plus SAV
    Turnover: £750 per week
    Stock: £1,000

    Leasehold

    Original term: 5 years
    Remaining: 2 years
    Rent: £6,600 per annum
    Rates: £ zero


    Business Description

    Veritas Business Sales are delighted to offer for sale this charming Tea Rooms & Cafe concern which is located in Warwick town centre. The property is grade II listed, dating back to 1857 and there has been a food & beverage business here since 2000. My client purchased the business in January 2017 and is reluctantly offering it for sale now due to unforeseen ill health.
    Since ownership she has undertaken total refurbishment and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and employs the help of 2 casual member of staff and has an average weekly turnover of circa £750. That figure is continually rising as it becomes more established. B B’s Kitchen serves a fine range of specialist teas & coffees, cream teas, milkshakes, breakfast bagels, toasted tea cakes, crepes, jacket potatoes, sandwiches, wraps, paninis, homemade soups, homemade cakes and is the only stockist in Warwick for Movenpick Swiss ice cream. All fayre is freshly prepared to order on the premises using only the finest locally sourced produce which can be enjoyed inside the attractive and welcoming premises or taken away. We believe that there is further potential to increase trade by opening as a Bistro of an evening should you wish or by joining an online delivery service such as JustEat or Deliveroo. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase a very well fitted business with untapped potential 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 – Friday – 9.00pm – 3.30pm
    Saturday – 9.00am – 4.30pm
    Sunday – 10.00am – 3.00pm

    Ground Floor

    Tea rooms comprising: seating for (9), sales counter with cash register, chilled cake display fridge with under counter fridges, Movenpick ice cream fridge, work surface with hot water boiler (Swan), espresso coffee machine (Britesso), coffee grinder (Ibertal), drinks fridge, hand wash basin and 3 ceiling chandeliers.
    Hallway with cloak room area and chest freezer
    W/C with hand wash basin
    Catering kitchen with stainless steel sink drainer, dish washer (Grundig), work surfaces, 4 ring electric hob/oven (Beko), cake mixer, weighing scales, shelving, cake display stands, upright fridge (Zanussi), extractor hood, toaster, microwave (LG), George foreman grilling machine and CCTV monitor.

    Cellar

    (Below Ground) currently used as a store room but could quite easily be used as retail space.


    There are 2 items of equipment which are on lease. The coffee machine & grinder which can be taken over, purchased or terminated with one months notice.