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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.