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LEASEHOLD FORSALE Tea Rooms, Leyland, Established 30yrs

Price:
Leasehold - £19,950
Turnover:
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Seller Ref:
0035
Location:

Lancashire , Leyland

Business Type:

Food Service Businesses

See Other:
Bistros for sale in Lancashire
Cafés for sale in Lancashire
Coffee shops for sale in Lancashire
Restaurants for sale in Lancashire
Tea rooms for sale in Lancashire
Food service businesses for sale in Lancashire
Description:
THE BUSINESS:
Urban Locks Business Sales are delighted to bring to the market a fantastic opportunity to purchase these quaint tea rooms on the edge of Leyland town centre. Situated on the busy Towngate, the business has been established for over 30yrs and is only being offered to the market due to retirement. Complimented by a large variety of surrounding shops and businesses, the Cafe enjoys fantastic, loyal repeat custom aswell as passing trade.

The Business
A fantastic opportunity to acquire these busy Tea Rooms on the Busy Towngate in Leyland town centre. Established for over 30yrs, the business is only now being offered to the market due to retirement. The Tearooms have built a steady, loyal customer base from within the local area, aswell as attracting fantastic passing trade due to the shops prominent position. As well as dining inside, clients can also takeaway a range of breakfasts and lunches. There are 36 covers offering diners the opportunity to dine inside or outside. There is a 1 bed flat above the shop, with internal staircase, for living accomodation, but could easily be separated if a fire escape was fitted to the rear offering seperate access and therefore giving potential to sub-let for extra income. There is huge scope to increase an already attractive turn-over (subject to any permissions needed) by opening in the evenings. Current opening times are; Mon - Sat 8.30 - 3.00 Sunday - Closed


The Premises
An attractive, prominent, double fronted premises. The tearooms are on split levels offering dining to the front and rear of the shop. Recently refurbished to a high standard, the tea rooms are cosy and quaint with a modern minimalistic look. There is a spacious, fully fitted kitchen to the rear along with toilet area. There is a stairway up to the living accomodation on the 1st floor that is in need of slight modernisation as it hasnt been utilised by the current owner.


Turn Over & Lease Details
Original Lease - 9yrs Remaining
Lease - 7yrs
Rent - £850pcm
Business rates currently £111 pcm
Turn-over - £45,000
Gross profit - 50%
Lease Terms:
£850 pcm 7yrs remaining
Trading Hours:
Mon - Sat 8.30 - 15.00
Accommodation:
1 bed flat above in slight need of modernasation
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