Buy a Character Tea Rooms & Evening Bistro For Sale business for sale in Ottery St. Mary on BusinessesForSale.com

  • Advert ID: 683391
  • (Seller ref: COM080068)

Character Tea Rooms & Evening Bistro For Sale


Price Reduced

Location:
Category:
Asking price:
£399,950
Sales revenue:
Available on request
Net profit:
Available on request


REDUCED IN OCTOBER 2008 FROM £435,000 TO £399,950 A Fine Character FREEHOLD TEA ROOMS & EVENING BISTRO The accommodation briefly comprises:-
Ground Floor

Main Tea Room (seating 15) - 14' x 10' (4.27m x 3.05m)
With intercommunicating door to -

Central Through Hallway - With doors to front and rear

Tearoom 2 (seating 9) - 10' x 12'7" (3.05m x 3.84m)
With radiator and corner fireplace. Access to -

Inner Lobby - With vanitory wash hand basin.

Gent’s Cloakroom - With wash hand basin and separate w.c.

Ladies Cloakroom - With low level toilet and built in central heating boiler cupboard.

Rear Sitting Room - 12'9" x 14' (3.89m x 4.27m)
With fireplace which is pine fronted with mantle over and inset fireplace with tiled surround, door to understairs cupboard, radiator, window overlooking the rear court yard.

Rear Inner Hallway - With access to -

Main Kitchen - 10'9" x 7'10" (3.28m x 2.39m)
With further access to -

Kitchen Area 2 - 6'3" x 13'3" (1.9m x 4.04m)
With door to rear courtyard. The kitchen is comprehensively equipped subject to trade inventory with a benefit of laminated work surfaces, 2 double wall cupboards, stainless steel work surfaces, sink unit, wash hand basin, built in wall shelves etc.

Stairs To First Floor

Main Landing

Separate Cloakroom - With low level toilet and radiator.

Bedroom 1 - 12'5" x 11'3" (3.78m x 3.43m)
With radiator, window overlooking the main street.

Hallway - With -

Bathroom/shower room off - 10' x 8'9" (3.05m x 2.67m)
With a roll top claw feet bath, shower cubicle, built in airing cupboard, low-level toilet, wash hand basin,

Bedroom 2 - 9'8” x 8' (2.95m x 2.44m)
With radiator, views over the main street.

Bedroom 3 - 10'8" x 11'8” (3.25m x 3.55m)
With radiator, feature fireplace, built in cupboard with shelves over and views over the rear court yard.

Bedroom 4 - 12'2" x 11'5" (3.7m x 3.48m)
With views over the main town, radiator.

Outside

Dry Stock Room - 10'6" x 7'5" (3.2m x 2.26m)
And to the rear -

Lean-to Store - (Former disused cloakroom) on the other side of the courtyard and adjoining the rear of the kitchen is -
Laundry Room - 11'7" x 5'7" (3.53m x 1.7m)
And beyond that is a further store.

Outside - A particular feature of this property is the walled private rear garden part of which is a court yard having been refurbished with paved patio and raised flower bed with a water feature and space for up to 20 additional seats for customers. This court yard tea garden is accessed from the rear central hallway. The walled garden is of a rectangular shape and approached from a cobbled pathway with raised flower beds and raised vegetable plot area and beyond this is a gravelled private garden and area for a washing line.



SERVICES
All mains services connected

RATEABLE VALUE
We have been advised that the premises have been assessed as follows:

Rateable Value - £4,300
UBR as at Apr ‘08 - 45.8p in the £
The owner does get small business rate relief of 50%


TENURE Freehold


Property:
Freehold
Lease terms:
THIS IS A FREEHOLD PROPERTY
Location:
Within 6 miles is the Jurassic Coastline at Sidmouth designated as an area of outstanding Natural Beauty. In the beautiful unspoilt rolling East Devon countryside Ottery St Mary is a charming character Devon town being one of the oldest in the South West dating back over 1000 years. In the town there are winding streets and many examples of fine Georgian buildings especially around the eastern end of the church. It is in this vicinity that Seasons Tearooms can be found at the bottom of the hill on which the church stands, namely St Mary’s. The town has a bustling social calendar and produces its own regular free newspaper namely the Ottery Gazette and there is a full selection of local shops as well as Lloyds, Barclays and Natwest. In the main street where Seasons Tearooms is located, other traders include a newsagents, a character olde worlde book shop opposite, a Chinese restaurant and nearby a ladies fashion wear shop and further up the hill is Natwest Bank as well as an art gallery. At the top of the Hill is the magnificent St Mary’s Church.

Expansion potential:
Established for 11 years and now operated by a husband and wife team with part time staff if and when required. The tearooms open Tuesday - Saturday 5 days a week 10am - 5pm from choice. There is huge scope to increase the opening hours eg early morning to incorporate breakfast or some late evenings as well as potential Sundays for the Sunday lunch time trade. The tearooms offers a menu of home made gluton free produce sourced from local suppliers. There is a seating capacity in the restaurant tearooms of up to 24 customer comfortably and outside in the patio tea garden a further 20. The turnover amounts to approximately £46,000 per annum, which has increased each year for the last 3 years. We understand the restaurant will be offered comprehensively equipped subject to trade inventory excluding those items of a personal nature.

For more information about this business for sale, click the Contact Seller button.

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