Excellent Tea Rooms Within Busy Garden Centre For Sale

Business description

Summary:
Established five years ago and under the present ownership for just under the past two, the business is an excellent tea rooms offering breakfasts, lunches, cream teas, and snacks. In addition to the extremely high volume of business attracted from the garden centre the business benefits from a good number of regular customers, customers of other businesses within the centre and many of the centres staff. The business serves all home made food and cakes. The large building is owner by the business with the site only being rented.

Turnover:
We are informed that the last accounts show a turnover in excess of £50,000 with a gross profit of approximately 70% however we are informed that the turnover has now substantially increased.

Stock:
To be purchased separately at valuation: Approximately £500.

Rates:
Included in rent.

Legal Fees:
Vendors and purchasers to meet their own contractual costs; purchaser to meet the reasonable costs in establishing any new lease.

Property information

Property:

Leasehold

Lease terms:

The site is leased on a rolling three month agreement with a current rent of £10,690 pa. Although on a short lease the landlords have not evicted any tenant on the site during the past twenty years.

Location:

Fenced exterior area with 6 bench seats. Superb wooden building (included in sale price), with 42 covers, counter area, display chiller and kitchen with full compliment of equipment.

Other information

Reasons for selling:

The vendor wishes a change in career.

Trading hours:

9.00 am to 5.30 pm Monday to Saturday. 10.00 am to 4.00 pm Sunday.

Financing available:

The business should readily support loan finance subject to status. For further information please contact Dedman Business Sales.

Contact the seller