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TRADITIONAL TEAROOMS WITH PP FOR 3 FLATS - Worcs. Town

Price:
Freehold - £475,000
Seller Ref:
WM9398
Location:

Worcestershire , Upton upon Severn

Business Type:

Commercial Property, Food Service Businesses

See Other:
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Commercial property for sale in Worcestershire
Description:
THE BUSINESS:
LOCATION:
The property is located in the delightful Worcestershire town of Upton upon Severn. It is a small town of great character and charm and benefits greatly from its riverside location, providing much tourist trade during the warmer months. It is very accessible from many large towns; 11 miles from Worcester, 18 from Cheltenham and Gloucester, and 28 from Stratford-upon-Avon.

BUSINESS:
The premises consist of a large, double fronted property which dates back to 1667 and as such is a Listed Building, plus a separate dwelling located to the rear which was built approximately 100 years later. The current owners operate the tearooms from the front property and reside above it. The property to the rear is currently let out on a low-key basis and has planning permission to be converted into 3 flats.

The tearooms are of a traditional nature and reflect the general characteristics of the town. There are 27 covers in the main room which is located at the front of the premises, and a further 10 covers potentially available in the room immediately behind. This room is currently used as part of the private accommodation but could easily be incorporated into the business. To the rear of the dining area is the kitchen which is fitted with the usual type of catering equipment associated with a business of this kind, and is also used by the owners for themselves. There is access from the kitchen to a rear courtyard where there is a further 15 covers for use during the summer. There is also a cellar located below the dining area which is used for storage.

The turnover is being managed below the VAT threshold as this suits the lifestyle of the current owners. However, there is great potential to develop and expand the business by a new, enthusiastic owner.

PRIVATE ACCOMMODATION:
The current owners use the ground and first floor as their private accommodation, and this briefly comprises:

Ground Floor
Lounge – to the rear of the tearooms and has been used previously for additional covers.
Kitchen – located to the rear of the lounge and is used for both the tearooms and personal use.
Stairs lead from the lounge to the:
First Floor
Bedroom 1 – rear facing, double room with single glazing and central heated radiator.
Bedroom 2 – front facing, double room with secondary glazing and central heated radiator.
Bedroom 3 – rear facing, single room with single glazing and central heated radiator.
Bathroom – rear facing and fitted with bath, basin and wc.
Roof Space
There are 2 single bedrooms located in the roof space with loft lighting.

The large building to the rear of the plot is currently let out on a low-key basis to festival goers and tourists. Planning permission has been approved to make 3 flats across the ground and first floor plus the roof space which is currently unused. This would obviously generate good rental income.

OUTSIDE:
There is a store room outside housing the washing machine, dryer etc.

TENURE:
This is a freehold opportunity,

RATES:
From information supplied by the owner, we understand the rates payable in 2009/10 were £3456.


HOURS:
Monday 11am to 4pm (closed during winter)
Tuesday 10am to 4pm
Wednesday 10am to 4pm
Thursday 10am to 4pm
Friday 10am to 4pm
Saturday 10am to 4pm
Sunday Closed

There are 4 main festivals throughout the year when opening hours increase. These are Folk (April), Jazz (June), Blues (July) and the Water Festival (August).

STAFF:
The owners run the tearooms with the assistance of 1 additional, part-time member of staff who works 4 hours on a Saturday.
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