Fashionable Tea Room in Castleton

Hope Valley, Derbyshire
REF: 05390

Asking Price:
£129,950
Annual Turnover:
£200,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 05390
Photo of Fashionable Tea Room in Castleton
Photo of Fashionable Tea Room in Castleton
Photo of Fashionable Tea Room in Castleton
Photo of Fashionable Tea Room in Castleton

Overview

Tenure:
Leasehold
Established:
2016
  • ***Open to reasonable Offers*
  • High footfall location
  • Refurbished premises
  • Large turnover

A brilliant opportunity has arisen for an interested buyer to purchase a fashionable and unique tea room, located in the heart of the Peak District.

The tea room offers a beautiful setting and high quality produce, consistently attracting its customers, both new and returning.

A new owner would be able to take advantage of the tea room’s established reputation and large customer base to lead it to future success.

The business operates as a fashionable tea room throughout the week, serving homemade food and drink to its many customers. Rated the highest ranked tea room in the Peak District on Tripadvisor, business is booming and can continue to flourish due to its recently renovated premises.

As customers enter the premises, they immediately notice the sleek, vintage interior of the exceptionally refurbished property. Characteristic features such as beams, as well as modern fixtures and fittings can be seen throughout. A large counter used by staff to serve customers is located at the front of the premises. Behind this a kitchen is used for food preparation. The ground floor is spacious enough to accommodate for 25 diners. A large storage room is located on the first floor, used for the storage of various items. Two more lovely tearooms are also located upstairs with additional seating for 25. No expense has been spared as the tea room is fully-equipped with all valuable equipment such as that used for cooking owned outright and included in the sale.

Intelligent Business Transfer are delighted to bring to the market this fantastic opportunity to acquire a reputable tea room with a loyal customer base that offers superb food and drink. Castleton has an abundance of tourists from all around the world who visit all year round. This is further enhanced by the numerous surrounding campsites that operate all year round.

Its prime location within the vicinity of the symbolic Winnats pass, the quality offering and welcoming atmosphere have all contributed to creating its high annual turnover of £200,000. The opportunity would be perfect for a new owner who is looking to gain a successful tea room in a rural and picturesque area.

With 13 years remaining on the lease, at £20,000 p/a, a new owner would have ample opportunity to exploit the various avenues through which the business could be taken to the next level. Huge demand exists for the business to begin trading as an evening bistro, which would significantly boost the turnover through taking advantage of later passing trade. Although the business has established a great reputation organically, further investment in advertising, potentially via social media platforms, would help extend the tea room’s reach and enable it to gain a wider clientele. The business currently only trades 6 days a week.

Due to the current owner’s relocation, they are looking for a passionate individual to carry on the business’s success and fulfil its potential. Additionally, they have indicated a willingness to stay on for a transitional handover period to ensure a smooth handover to the new owner.

Intelligent Business Transfer are searching for a suitable buyer.

Location

Property

Annual Rent
£20,000
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup