Well Visited Café

Pickering, North Yorkshire
REF: 01386

Asking Price:
£15,000
Annual Turnover:
£42,000
Annual Net Profit:
£21,000
Reduced
Recently Sold
REF: 01386
Photo of Well Visited Café
Photo of Well Visited Café
Photo of Well Visited Café
Photo of Well Visited Café

Overview

Tenure:
Leasehold
Established:
30
  • Huge growth potential
  • Excellent Reputation
  • Low Overheads
  • Equipment Included

This is a very well recognised Tea Room and Café that has been thoroughly renovated to an admirable level of standard whilst offering further scope for growth. The business sits in an outstanding trading position and makes excellent use of a quaint townhouse style building.

The set up of the business is outstanding and the owner runs a successful and manageable business model that has proven profitable success. The business is currently ran by family and has a very strong net profit of over £20,000 per year.

The property that the business trades from is bursting with atmosphere whilst being extremely accessible and central to the main retail and tourist sites. The lock up unit has been trading as a Tea Room for decades and has become a well-known part of the town.

The business is entered through a single doorway that is located in the centre of a well signed and presented shop front with bay windows on either side. The character and presence of the building is immediately felt on entrance as the open plan café retains most of the buildings favoured touches. The current owners have invested strongly into the internals of the business which included a complete redecoration and upgrade to most fixtures and fittings.

The seating within the cafe is well laid out in a spacious way around the serving counter which sits in the right hand corner of the dining room. To the rear of this there is a fully equipped commercial kitchen that has been well kept over the past few years.

Intelligent Business Transfer are delighted to announce the sale of this hugely popular and firmly established café that has been trading in the hands of its current owner for four years and established as a café for decades.

The business is filled with character and is vastly regarded as the most popular Tea Room in Pickering.

The business was formally a traditional Tea Room that mainly catered for the town’s high tourism attraction before undergoing an extensive refurbishment which vibrantly developed the buildings original features and atmosphere whilst creating a modern feel. The dining layout makes excellent use of space and has a well-designed arrangement which is largely open plan and encompasses a well fitted sales counter that is surrounded by an abundance of Wound Wool and general knitting equipment and accessories.

The business successfully fills a gap in the local market and has been trading within its current position since inception, the business has a focused menu and focuses on offering a pinnacle level of service. The takings for the business are generally above £1200 per week in the busy season which produces an actual net profit of over £21,000 for the previous two trading years.

The current owner has grown the business to a strong standard since taking over the business from the founding owner. The reviews of the business are outstanding and the overall condition, efficiency and feel of the business is a credit to the owner and family who wishes to sell due to retirement.

Location

Property

Annual Rent
£5,000
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Year)
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

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