Hilton Smythe welcomes to the market this lovely traditional family run tearoom.
Our clients opened the tea room in February 2015 following extensive refurbishment and alteration of a previous café on site. Our clients are now reluctantly selling for family reasons.
This high-class business caters for up to 30 covers set on the first floor, above a butchers. The business is run to a very high standard and boasts an enviable reputation.
The excellent and varied menu includes specials, breakfasts, lunches, sandwiches, salads, desserts, cakes, children’s menu, fireside tea, Sunday lunches, party cakes and afternoon tea of the highest quality. The drinks menu includes speciality teas, coffees and cold drinks.
Only the freshest, locally sourced and best ingredients are used whenever possible. The dishes are varied and interesting, everything is made to order.
The business hosts very popular evening events every month (guests bring their own wine and corkage is charged).
The restaurant has such a good reputation with many repeat and local customers; it is always advisable to book. The tea room also hosts private parties such as birthdays, anniversaries, baby showers etc.
Local trade is targeted with tourists being an added bonus.
The business is exceptionally clean and tidy with a 5* food hygiene rating. It boasts excellent reviews and attracts business from coast to coast and other tourists. It has prepaid for several local adverts the benefit of which will pass to the buyer.
Scope to boost trade -
• The business does not have an alcohol licence but one could easily be obtained.
• The owners run the business at a pace to suit and the opening hours are relatively short. The owners close when they take annual holidays.
• The business has grown rapidly since opening and it is believed further growth will happen generically and can be further achieved by possibly opening as an evening bistro.
This is a great opportunity for a new owner to buy and develop even further a high-class tea room in a prime location.Location
This excellent business is in a prime location in Richmond, North Yorkshire.Premises
The attractive business is based on the first floor with a stock room above.
The entrance leads to an internal staircase leading to the first floor tea room.
There is comfortable and spacious table seating for up to 30 with fireside seating in an alcove section.
There is an attractive counter and service section with coffee and tea making facilities.
At the rear is a fully equipped modern stainless-steel kitchen.
Behind the kitchen are gents and lady’s toilet facilities.
An internal staircase leads to a large stockroom on the second floor.
The décor and fittings are to an outstanding standard throughout.
Our client will be leaving:
2 x turbo ovens
3 x freezers
4 x fridges
2 x microwaves
2 x fryers
2 x industrial hobs
The owner values the business assets at circa £30,000.Tenure
We are advised that the premises are held under a Lease until October 2020.
With a rent of £7,200 per annum.Hours
Wednesday to Sunday: 10am – 4pm
Monday and Tuesday: Closed
There is obvious scope to increase these hours.Staff
The business is run by the owners and family, 2-part timers and casuals.
Staff costs are approximately £1,200 per month.Financial Profile
We are advised that current turnover is approximately £80,000 per annum, with a gross profit of 80%.
The business is presently exempt from the payment of business rates.
The business carries an extensive stock of speciality teas. Stock is valued at circa £3,000.