Superb Tea room/Restaurant -Est 15 yrs
Price:
Leasehold - £90,000
Location:
Nottinghamshire
Business Type:
Food Service Businesses
THE BUSINESS:
Advent Business Sales are delighted to offer to the market this well established and beautifully presented tea room/restaurant, which has been trading successfully for the past 15 – 20 years.
The current vendor has been in ownership for the last 3 years and is reluctantly selling due to retirement plans.
The business has been set out to be Old English in its general appeal and décor, blending this into the beautiful long arched windows, which are all along one side of the room. Both tables, chairs and crockery continue this theme, giving a sense of both grandeur and occasion.
There is nothing expensive or outrageous about the menu, it has been well thought out, offers value for money but is well presented and includes all day breakfast, hot toasted muffins, light lunches, salad platters, jacket potatoes, sandwiches both traditional and also on speciality breads with speciality fillings, toasted sandwiches, side orders, home made scones, desserts and cakes. Tea, coffee, soft drinks and also beers/wines and lagers are on offer.
All dishes are made to order and all food is sourced locally if possible.
Clients are not only local but are also from out of town, as well as tourists and people who visit the area regularly.
The business does very little advertising, relying more on word of mouth but it was in the Good Food Guide over last Christmas.
This business is suitable for a husband and wife team with hotel/restaurant experience, ideal profitable venue
We are advised that stock at cost is approximately £2,000.
REF: 9224DN
EXPANSION POTENTIAL
There is a demand for opening some evenings, having theme nights, possible private parties and also Sunday lunches
FINANCIAL INFORMATION:
We have been advised by the vendor of the following:
Annual sales: £130,000
Gross Profit: 75%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require fin
Please complete the attached confidentiality agreement to ensure a prompt response to your enquiry
Disclaimer:
Viewing is essential to fully appreciate this business and strictly by appointment only through the agents.
N/B:
All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
Our clients beautifully present tea room/restaurant is conveniently located on the town hall square, which becomes a very large open market 3 days a week, of an ancient market town in North Nottinghamshire. It occupies the first floor of a wonderful ‘Georgian building’ with long deep windows and ceiling height to match.
This delightful market town is connected to the capital by rail link and is close to the A1 main trunk road. Its antiquity draws both tourists and visitors during the year, there are also many convenient car parks around the town centre.
BUSINESS PREMISES:
The doorway for the business is to the side of the building off the town hall square and is a large hall way with a very imposing stairway leading to the first floor, this leads to an upper doorway into the tearoom/restaurant and briefly consists of:
First Floor
• Room is laid out to provide 42 covers and had individual tables of both 2’s, 4’s,5’s & 6’s.
• At top of stairs entrance is a doorway to lobby leading to toilet facilities
• To right of room is the ‘waiting on’ area for serving hot and cold drinks as well as cakes and sweets
• Behind the staircase and to the right is the kitchen and store rooms
• Everything maintained to a high level
External
• Seating for 20 people during summer
North Yorkshire
£ 750,000
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