Tea Rooms For Sale

Price:

Leasehold - £60,000

Seller Ref:

H4863

Location:

Hampshire , New Milton

Business Type:

Food Service Businesses

See Other:

Tea rooms for sale in Hampshire
Food service businesses for sale in Hampshire

Description:

THE BUSINESS:

LOCATION
Edge of New Forest location. Christchurch approx. 6 miles. Lymington approx. 6 miles. Southampton approx. 20 miles.

FEATURES
Rarely available traditional daytime teahouse operation. Established business in current ownership 6 years. Busy main high street location. Refurbished and substantially improved in present ownership. Fully fitted and equipped throughout. Local and tourist trade. Retirement sale.

SUMMARY OF ACCOMMODATION
Teahouse (40 covers). Still Room. Cloakroom. Kitchen. Office Area.

TRADING & BUSINESS
The business currently operates 8.30am-3.00pm on Mondays; and on Tuesday to Friday from 8.30am-4.00pm and 8.30am-3.00pm on Saturday’s. The premises trade as a traditional teahouse providing cuisine such as homemade cakes, teas and coffees, light lunches and full meals. The turnover in the last trading year was approximately £98,000 including VAT. It is felt that the turnover could be increased by operating longer hours. We have not had sight of this accounting information.

Location Details:

Edge of New Forest location. Christchurch approx. 6 miles. Lymington approx. 6 miles. Southampton approx. 20 miles.

Lease Terms:

LEASEHOLD. The owners inform us that the property is held on an original 10 year lease commencing October 2003, with 5 yearly rent reviews at a current rent of £14,000 per annum. We have not had sight of this lease documentation.