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Commercial Property For Sale. Lovely Tea Shop In 16th Century Leasehold Property

LISTING DETAILS
Firms For Sale ID:
33088
Vendor reference:
1067PL
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£98,500
Furniture, fixtures and fittings included.
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed
Years established:
25

OTHER DETAILS
Reason for selling:
On going ill health of a close family member of the owner.
Support and training:
Full support and training to be agreed between both parties.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease length:
25
Rent:
£11,250 per annum
Living accommodation:
Kitchen, lounge / dining room, bathroom, one bedroom with additional landing bedroom.
 
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BUSINESS DESCRIPTION
Nestled within a pedestrianised parade of shops in the centre of the historic Herefordshire market town of Leominster, lies this busy, friendly Tea Shop and Bistro, the main features of which are :-

• Fully fitted out Tea Shop / Bistro with approximately 23 covers, offering a varied menu with both hot and cold foods.
• Long established business which has been operating from the same premises for over 25 years.
• Excellent living accommodation comprising of Kitchen, lounge / dining room, bathroom, one bedroom with landing bedroom.
• Located in an outstanding 16th Century three story listed building in the most sought after town of Leominster.
• The fixtures and fittings included in the sale complement and add to the character of the building.
• The business has built up a excellent reputation for quality food cooked fresh to order, waitress service in pleasant, friendly surroundings.
• Major scope to increase trade with an enthusiastic new owner.
• Easily managed cash business offering a comfortable level of income.
• Ideal husband and wife business which could be expanded with certain new ideas.
• Very long lease with no rates as Small Business Relief applies.
• Currently the owner holds occasional themed Bistro nights which are very popular and could be easily expanded.
• Genuine sale due to the ongoing ill health of a family member.