Popular Tea Rooms

Knaresborough, North Yorkshire
REF: 0949

Asking Price:
£29,500
Annual Turnover:
£55,000
Annual Net Profit:
TBC
Featured
Recently Sold
REF: 0949
Photo of Popular Tea Rooms
Photo of Popular Tea Rooms
Photo of Popular Tea Rooms
Photo of Popular Tea Rooms

Overview

Tenure:
Leasehold
Established:
TBC
  • WT: £1,000
  • GP: 60%
  • Well established
  • Superb Location
  • Attractive Rent

An extremely well known tea rooms situated in an historic building within the centre of a quaint and well demanded market town.

The cafe has been established for over 50 years and has huge potential for expansion.

There is currently 2 years remaining on the current lease with a guarantee of a new 10 year lease at the renewal date.

The property forms part of a terraced row within a cobbled courtyard positioned off castle gate, which is a main road into the towns market square.

The double storey lock up unit is entered via a single doorway to the centre of a traditional cafe front with windows to each side. There are rooms either side of the entrance hall which share around 15 covers evenly. There are separated toilets to the rear of the left hand room.

The buildings original staircase is within the centre of the building which leads directly to the open plan upper floor. This has the commercial kitchen to the right hand side and well laid out seating arrangements to the left.

The fist floor of the building is simply stunning and maintains the buildings traditional features and characteristics. The original beams within the ceiling are a memorable feature.

Overall the building is of a fantastic standard and is in need of no work whatsoever.

Intelligent Business Transfer are very pleased to offer to the market this rare opportunity to acquire a truly unique and profitable Cafe.

The business is one of the longest established traders in its market town and is currently successfully ran by an owner operator supplemented by competent team of part time staff.

The business is fitted to a superb standard with all assets to be included in the sale. The owner has invested heavily in the upkeep as well as maintaining the immaculate and traditional exterior to the business.

The business has sustained excellent turnover, which has recently shown growth almost week by week and continues to show strong signs of development.

There would be scope for any purchaser to maximise the opening times into the weekend, as well as opening later in the afternoons.

The current owners have ran the business for the past 6 years and in this time has built the reputation to the solid state that it is in today. The cafe is rated 5/5 for its hygiene and has an excellent local reputation. As well as this the business is well visited by the high numbers of tourists who visit the market town.

There is huge potential to further the business with development of marketing and promotion.

The building that the business is based within is simply stunning and the features within the first contribute to the traditional feel of the business.

Viewing is essential.

Location

Property

Annual Rent
£6,800
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

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