Sold
Charming Café in Fantastic Trading Location
Bedale, North Yorkshire
- Asking Price: £44,999 +SAV
- Turnover: The business reports a healthy turnover in the region of £80,000 with a generous gross profit of 65%.
- Tenure: Leasehold
Hilton Smythe is delighted to introduce to the market The Four Teas. This charming café sits within a lovely Grade II listed building in the bustling town centre. Immaculately presented with ample room providing table and chairs for 34 covers. This popular café offers a varied menu of hot and cold dishes to eat in or take away, with produce locally sourced where possible and prepared daily, offering home-cooked traditional fayre and a range of tempting cakes and desserts. The café provides a special gluten and dairy free menu and a good range beverages. The business is very well known in the area and is highly supported by local residents as well as benefiting from passing trade due to its prime trading location. The business reports a healthy turnover in the region of £80,000 with a generous gross profit of 65%. The Four Teas sees excellent reviews on TripAdvisor with comments including “best café in Bedale” and “10/10”, would go again. The business also has a presence on social media with regular features and updates and around 360 likes on Facebook. Our client has owned the business since 2014, with the business now coming to the market due to our client’s other interests. We would highly recommend early viewing of this “turn key” business in this much sought after location.
The business is owner run and managed with the assistance of 8 part time members of staff. The wages bill is £2500 per month in the summer months and £2000 in the winter.
The business opens: - Monday to Saturday 9.00am – 4.30/5.00pmSunday closed.
The business is located in the historical market town of Bedale, North Yorkshire. The Four Teas Café sits at the heart of the town centre. Located within the vibrant market place and surrounded by a plethora of independent retail shops, great food shops, pubs, eateries and town centre amenities. The weekly market takes place every Tuesday on the cobbled street directly to the front of the café, bringing additional weekly trade to the business. Bedale sits on the edge of the stunning Yorkshire Dales and the area benefits from much tourist trade as well as being a desirable location to live. The area is accessible from the Al(M).
Well-presented shop front is at the heart of the town main street The open plan cafe has seating for up to 34 covers, 24 in the front section and a further 10 to the rear. The front and rear sections are split by a small till area and staircase access to the first-floor landing. Two customer toilets are at the rear. KitchenTo the rear of the cafe is the kitchen, fully equipped with 4 fridges, a freezer, commercial oven, dishwasher, toaster, filter coffee machine and 3 microwaves. The coffee machine is leased. First FloorThe staircase leads up to a first floor landing, currently used as storage and houses a chest freezer.
Tenure
We are advised leasehold.The original lease length is 20 yearsAs of 2016, 17 years remain on the lease.Rent is £8.916 per year.
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