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Tea Rooms For Sale

St. Albans, Hertfordshire, UK
Asking Price:
£98,000
Sales Revenue:
£187,200
Cash Flow:
Available on request

TEA ROOMS in Hertfordshire for Sale.

Recently renovated classic tea rooms run from these super premises which ooze character having been built in the 11th century. The premises are held on lease and occupy a PRIME TRADING POSITION on a busy high street with easy roadside parking along with private parking at the back of the tearoom for up to seven cars. Our client will cover first six months’ rent for the new purchaser. Much sought after village offering very easy access to the M1 motorway. This very successful business is run in VERY EASY HOURS over a six day week as a high class tea rooms and achieving a VERY IMPRESSIVE WEEKLY TURNOVER OF £3,600 whilst maintaining equally impressive gross profit margins of circa 75%. The business also offers a well patronised outside catering and ‘Afternoon Teas to Go’ service which have proved to be very lucrative. This is a business which is a pleasure to run and particularly profitable, showing adjusted net profits approaching £50,000 on accounts for the financial year ended 31/10/2019. VIEWING HERE IS A MUST. Premises offer 70 covers and briefly comprise double fronted, air conditioned tea rooms with service counter and attractive customer seating. Commercial kitchen to the rear offering an array of quality catering equipment and extraction system. First floor, ladies and gents WC’s, two private rooms regularly used for private events.
EPC Band E. Stock £10,000.

Property Information

Property:

Leasehold

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