£0 £1000000
£0 £1000000

Popular Tea Room In Great Location

Ashby-de-la-Zouch, Leicestershire

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Sold

£37,700 +SAV

Ref: 12456

Leasehold

Overview

Hilton Smythe welcomes to the market The Conservatory Tearooms. The business was originally established in 1996, and was taken over by our client in 2015. The owner is now looking to sell the business due to the desire to take retirement. The business runs as a tea rooms come restaurant. They offer a range of snack foods, homemade cakes, hot meals and beverages. They also provide hot meals to local residents and freshly prepared frozen meals for the elderly. The tea room is currently generating an advised turnover of around £42,000 per annum with a gross profit of 81%. This is a great turnover that could be increased if the new owner was to look at offering an outside catering service. The business could also benefit from opening on Sundays and later hours throughout the week. This is an excellent opportunity for a new owner to take this popular and thriving business to the next level. The tea rooms comes to the market as a walk-in trading opportunity. All equipment is included in the sale and we are advised there is new flooring in the eating areas. This is an excellent tea room that has an outstanding reputation for its great quality homemade products and friendly service. Hilton Smythe highly advise early viewing to avoid disappointment.

Turnover
The business generates a turnover in the region of £42,000 per annum.Gross profit 81%

The business is run and managed by our client with the help of 1 part time member of staff.

The business opening hours- Monday - Saturday: 8am – 4pmSunday: Closed

The Conservatory Tearooms is located in Ashby-de-la-Zouch, Leicestershire. The tea rooms is situated just off the main high street. The business receives a generous amount of trade as the tea room is between the main high street and a public carpark, along a pedestrianised walk through. This is a bustling town centre with a plethora of retail outlets and things to do such as visiting the Ashby-de-la-Zouch Castle. The main high street is a busy road as it is a main cut through from the A511 and the A444. There are great road links around and a generous amount of public transport. Due to the town centre location there are several bus stops dotted around, which have regular daily routes.

Located in a pedestrian walk through between the main high street and a public car park. The premise is signed and clear to passing trade. On entrance you are welcomed by the large tea room. This is a 16 cover seating area that is bright and looks clean. There are large windows around the premise which allows the tea rooms to feel spacious and light. Directly facing the entrance is a service counter, with counter top displays. Behind the counter there is stainless steel kitchen equipment. Through to the left is a conservatory with a further 11 covers. This is a great space that is very popular with customers. Through to the rear of the premise, is a kitchen which comes fully equipped. There is also a WC for staff and customers. Equipment included in the sale is as follows-Expresso coffee machineGrinderGriddle3 x Microwaves2 x Tall fridgesDrinks chillerExtraction unitTillTable & chairsDishwasherCommercial four ring cookerDouble counter top fryerSink unit Extractor fan in kitchen Further through to the rear there is a hallway with a chest freezer and upright freezer. Outside there is a seating area for around 10 covers. The premise is secured by an alarm system that is audible only. There is CCTV on the outside and the passage way is gated.

Tenure
We are advised the business is leasehold.Original lease length: 5 years New lease available.Rent: £750 per month

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