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Highly Desirable Tea Room For Sale

Nottingham, Nottinghamshire, UK
Asking Price:
£65,000
Sales Revenue:
£93,443
Cash Flow:
Available on request

Business
Please quote reference B06175

Hilton Smythe welcomes to the market the Bumbles Tea Room . The business has been operated in a limited capacity by the current vendor for just over a year and now due to other work commitments this very rare and exciting opportunity has now become available offering a truly unique business opportunity with multiple income streams and excellent growth potential for the new owner.

Bumbles Tea Room currently serves a range of breakfast options and lunches along with cakes and pastries, afternoon Tea and Coffee along with some locally sourced convenience essentials. The food offering could be extended further with an option for opening as a Bistro in the evenings which the premise could easily accommodate.

The business has undergone major refurbishment over the past few years and has been finished to a very high standard creating a very pleasant trading environment which compliments the current business model as well as offering the new owner options to tweak things further putting their own spin on the business. The main trading area is across one level with 16 internal covers with additional external covers located across the road from the business in a dedicated picnic area.

The business also has the benefit of highly desirable one bedroom living accommodation to the first floor with a separate entrance which has been let out as holiday accommodation and is currently operating as a serviced apartment for professionals generating an additional income stream which the new operator could continue to benefit from or look to use the accommodation for personal use.

This is a highly desirable business with an excellent business model in place and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector, which is already established or for an experienced operator looking for an additional business with an attractive income stream.

Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.

Location
Situated in the picturesque and much sought-after village of Epperstone in Nottinghamshire.

The business is located at the top end of Main Street within the village and is easily accessible off the A6097 Epperstone by-pass as well as the arterial routes in and out of the village to the surrounding areas.

Premises
The business is located within a period village property located on the Main Street in Epperstone.

Front entrance into main trading area, service counter, tables, and chairs 16 covers, cake display and refrigeration units, fridges and freezers, WC.

Fully fitted open plan kitchen area with stainless preparation facilities, cooker and extractor, additional storage units.

Fully refurbished first floor serviced apartment comprising: - bathroom, kitchen diner, living room and bedroom all fitted out to a very high standard.

Externally there is a dedicated external picnic area.

All fixtures and fittings to be included.

Tenure
We are advised that the business is being sold on a Leasehold basis, with 3 years remaining on the 5 year lease. The rent is £750 per month.

Hours
The business operates as followed:
Monday - Wednesday - Closed

Thursday - Sunday- 9:30am - 3:00pm

Staff
We are advised that the business has 3 part time staff members.

Financial Profile
We are advised that the business generated a turnover in the region of £94,000, as per the 2019 accounts. Full financials can be made available upon further request.

Please quote reference B06175

Property Information

Property:

Leasehold

Contact Hilton Smythe

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