Tea Rooms and Cafe Located In Warwick

Tea Rooms & Cafe Located In Warwick For Sale
Ref 2201

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: £20,950 plus SAV
Turnover: £750 per week
Stock: £500

Leasehold
Original term: 5 years
Remaining: 1 ½ 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. Our clients purchased the business in January 2018 and are now reluctantly offering it for sale now due to personal reasons. Since ownership they have 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 requiring no staff members and has an average weekly turnover of circa £750. D’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 and homemade cakes. 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 expanding upon the current opening times and 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 – 10.00pm – 2.30pm
Saturday & Sunday – 10.30am – 4.00pm

Ground Floor
Tea rooms comprising: seating for (10), sales counter with cash register (Casio), chilled cake display fridge with under counter fridges, work surface with hot water boiler (Swan), espresso coffee machine (Britesso, on lease), coffee grinder (Ibertal), drinks fridge, hand wash basin, 3 ceiling chandeliers and an electric fire.
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), 3 pot wet bain-marie ( Royal), double deep fat fryer (Adexa), extractor hood, toaster, microwave (LG), George foreman grilling machine and CCTV monitor.

External
Rear yard & garden which could be used for customer seating
Front external seating for (4)

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 at a cost of £119.50p per month.