Established Tea Rooms in Busy Tourist Location

Price:

Freehold - £479,950

Seller Ref:

Laburnum

Location:

Isle of Wight , Old Village, Shanklin

Business Type:

Food Service Businesses

See Other:

Tea rooms for sale in Isle of Wight
Food service businesses for sale in Isle of Wight

Description:

THE BUSINESS:

Laburnham Cottage Tearooms is understood to have been built somewhere between 1790 and 1803. Customers of the tearooms can gain access to Laburnham Cottage, either off the High Street through servery area also offering takeaway, ice-creams and drinks or alternatively off of Eastcliff Road, through the Courtyard garden. There are two dining rooms of similar proportions internally laid to cater for 31 customers. The tearooms surroundings are delightful and traditional, with both dining rooms having feature fireplaces and bay windows. Customers are able to walk between both dining rooms and the servery to exit via both the High Street or Eastcliff Road.
Adding further versitility is a room accessed via a staircase to the rear of the property previously used for a childrens den, though suitable as an office or other uses.

Kitchens, stores and WC facilities alongside further covered stores in an inner courtyard complete the commercial accommodation at ground floor level. There is also a domestic kitchen and utility room.

A central staircase gives access to owner's accommodation comprising 3 bedrooms, lounge and bathroom.

OUTSIDE
A delightful country courtyard setting provides external seating for a further 44 covers enclosed by stone walls and mature headrow.

THE BUSINESS
Operated by our clients for the past 11 years, the trade profile very much suits the existing operators. Currently only trading daytime from March to October, it is strongly felt that there is potential for longer opening hours including evening trade. The business operates as a traditional tearoom and does not currently have a Premises Licence for the sale of alcohol. Accounting information provided demonstrates a buoyant turnover with profits available to the right operators. More detailed trading information can be provided to bona fide applicants after inspection.

OPENING HOURS
Generally 10.30am to 3pm/ 4pm Mid Season. 10.30am to 5pm High Season.

TERMS
Avaiable for sale with offers 'invited in the region' of £479,950 for the benefit of the premises, trade fixtures & fittings and goodwill of the business, plus stock at valuation.