LEASEHOLD TEA ROOM/CAFE/RESTAURANT
Price:
Leasehold - £114,500
Location:
Shropshire , Shrewsbury
Business Type:
Food Service Businesses, Retail businesses
LEASEHOLD TEA ROOM/CAFE/RESTAURANT - SHROPSHIRE
Advised annual turnover of £200,000 with good GP returns
Spacious 3 bedroom cottage style living accommodation
Large occupancy dining and accommodation property
Early interest and viewing is highly recommended
Superb partnership/husband and wife business
Sale price includes all fixtures and fittings
Beautiful period features throughout
Ideal trading location in Shrewsbury
Genuine reason for sale
LEASEHOLD
Business History
Meridian Business Sales are delighted to offer for sale this beautiful tea room/cafe/restaurant which has a proud history dating back to 2000. Since 2010 it has been owned and run by our client who is only now placing it onto the market due to his business partner's unfortunate poor health. The business which is run and managed by our client with the assistance of staff achieves a very respectable advised annual turnover of £200,000 which is derived from providing a superb hot and cold food menu coupled with a large selection of hot and cold beverages. The business can only be described as beautifully presented offering a wealth of charm and character throughout from exposed brickwork to large wooden beams. Our client has worked exceptionally hard to bring the business of to a high level by introducing a good quality food menu which offers meals at a very keen price. Our client is enjoying excellent levels of repeat business and is seeing many repeat visitors on a weekly basis. We feel that this opportunity is an ideal lifestyle change business for an individual or couple as it includes a three bedroom cottage style residents which is ideal for a new owner who doesn't currently reside within a commutable distance. Our client is very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future.
This excellent leasehold tea room has an ideal trading location situated in the town centre of Shrewsbury which is in Shropshire. The property stands proud just off one of the town's main through roads and is highly visible to all who visit the centre. The property has a beautiful double front with large window exposure giving both high visibility and promoting an inviting setting which is visible to all who pass through. Shrewsbury is a very desirable market town due to its many attractions and community services. The town lies on the River Seven and has over 660 historic listed buildings including several examples of timber framed dating back to the 15th and 16th century. Shrewsbury offers exceptional housing, good schools, NHS services, excellent shopping and beautiful open countryside. The business also benefits from being less than 12 miles away from the M54 which connects to the M6 motorway making visiting and commuting very easy.
Leasehold
Original length: 3 years
Remaining: 18 months
new/longer lease open to negotiation
Period property dating back to 1617 Jacobean era with oak panelling, original beams and feature fireplaces. The opportunity offers large ground floor seating, fist floor overspill restaurant with function usage, additional 2 rooms, enclosed rear courtyard with customer seating, large 2 storey storage outhouse and 3 bedroom owners' cottage.
Ground Floor
Double glass fronted property with highly visible front advertising signs/boards and secure front entrance leading to open plan seating area with beautiful wooden beams, serving counter with displays, 68-70 covers with traditional table and chair seating, coffee bar with drinks preparation space, chilled drink display, fully equipped stainless steel commercial kitchen, WC and stairs leading to first floor.
First Floor
WC, 2 additional rooms, possible sub let or additional seating extension and 28 cover restaurant/function room
Private Living Accommodation
Cottage style private living space with 3 bedrooms, living space, kitch
North Yorkshire
£ 750,000
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