Tea Rooms for sale in Uttoxeter

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Vintage Tea Rooms in Uttoxeter, Staffordshire (3 Levels)

Uttoxeter, Staffordshire, England

  • Leasehold Price: £115,000
  • Annual Turnover: £130,000
Seller Reference: vintageteauttoxeterKS
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Business Description
 
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Seller Reference: vintageteauttoxeterKS
Request Details
Business Description
City Business Brokers are pleased to bring to the market this busy and well-loved Tea Room and Bistro located in a very well-known market town in Staffordshire.

Operating from well-fitted and presented premises, the business currently primarily offers a full and varied in-house menu of “homemade” classic hot and cold food, snacks, sandwiches, lunches, side orders, pastries and beverages prepared freshly to order in its fully equipped catering facilities and served in the pleasant surroundings of an attractively period-furnished dining area which may comfortably accommodate up to 85 covers (3 levels).

There is scope for continued growth, not least with regard to longer opening hours to provide more wine and dining evenings, a degree of menu and product expansion and the possible provision of local delivery and outside catering services which would also provide added revenues.

The business may also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of online advertising and ordering in order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form some eight successful years ago by the current owner. We would strongly recommend the earliest possible viewing to avoid disappointment.

Points to note:
• New Kitchen refurbishment within the last 18 months (circa £55000)
• Licenced premises which will allow for longer opening hours i.e. 7.30am to 10.00pm, hence greater revenue and maybe extend opening to Sundays

Financial Information
Current turnover: In the region of £130000+ with huge scope to increase.
Lease: The premises are being offered with the benefit of a secure year lease with expiration late 2022.
Rent: The current rent stands at approximately £1339.64 per month.
Business Rates: We are advised that the Business Rates are £82 per month.
Trading Hours: Monday to Saturday 9.30am-4.00pm. Closed Sundays.
Staff: 3 full-time and 3 part-time staff.

Property Description: Fitted and presented to high trade specifications throughout, these well-maintained leasehold premises provide excellent and highly functional internal business accommodation.
Ground Floor: Inviting glazed-fronted public entrance directly off the High Street into a bright and welcoming in-house waiting area which houses a full range of traditional high quality fixed and freestanding display furniture and shelving. Preparation kitchen area with extraction system housing ample work surfaces, storage units, fitted sink unit and a full range of modern appliances.
Lower level: A further Tea Room and serving facilities.
Upper Level: Private Dining Experience in a period setting.
Exterior: The premises are well-signed and presented and afford ample and inviting display window space on to a high footfall High Street.

Note: Would suit a full-time owner/couple to maximise profits.

A full profile is available once a non-disclosure agreement has been signed.

All enquiries to City Business Brokers.

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

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Tenure:
Leasehold
Leasehold Term:
Secure lease to late 2022
Listed by:
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