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Reference R8469

Tea Room in West Midlands For Sale

Tea Room in West Midlands For Sale
Tea Room in West Midlands For Sale Buy a Tea Room in West Midlands For Sale Sell a Tea Room in West Midlands For Sale

Register to see map and to make an appointment Excellent trading position, pedestrianised street, town centre, WEST MIDLANDS.

Turnover 1,800
Price 15,000

Features

Attractive Tearooms (catering For Teas, Coffees, Sandwiches, Light Lunches, Afternoon Teas)

We understand the premises have A1 use

Front area with space for 2 tables & 4 chairs

ATTRACTIVE SINGLE FRONTED TEAROOMS with laminated strip floor, ceiling & wall lighting. Tables & chairs providing seating for 14 persons. Counter, 2 group coffee machine, coffee grinder, sink ice cream display deep freezer.

Cloakroom with w.c. & wash hand basin

Stairs to first floor ADDITIONAL TEAROOMS with ceiling lighting. Tables & chairs providing seating for 20 persons.

KITCHEN with panini grill, Turbo fan assisted oven, sink & drainer, dishwasher, fridge, commercial microwave oven, 3-pot bain marie, 4-slice toaster etc.

SECOND FLOOR 2 storerooms with 3 chest deep freezers, 1 double door glass fronted fridge

Cellar suitable for storage purposes

Turnover

WE ARE INFORMED the turnover averages 1,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 65%. We further understand that the sales year ending April, 2018 showed in the region of 82,000.

Staff

At present operated by a lady vendor with the assistance of 1 full time plus additional part time staff.

Trading Hours

Monday - Saturday inclusive - 9.30 a.m. - 4 p.m.
CLOSED SUNDAY, however some private functions are undertaken on Sundays when required.

Outside

Small yard

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of 10,800 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter. (We understand there is a Break Clause in 3 years time exercisable on the tenants side only).

Uniform Business Rates: Nil payable at present after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 15,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

** N.B. The Purchaser is responsible for all parties legal fees. **

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