£0 £1000000
£0 £1000000

Popular Tearoom in Blandford Forum, Dorset For Sale

Blandford Forum, Dorset

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£26,950 +SAV

Ref: 12548

Leasehold

Overview

Hilton Smythe is delighted to welcome to the market this very popular and busy tearoom business, which is ideally located within the town of Blandford Forum, Dorset. The business was originally established in 1991 and has been in our client’s careful ownership since 2011. Only now is the business being offered to the market due to our client’s desire to move onto other things or a possible move abroad. The business currently operates 5 days per week and generates a turnover in the region of £72,800 per annum, with a gross profit of approximately 66%. Our client offers a wide variety of fayre including full English breakfasts, omelettes, jacket potatoes, salads, toasted sandwiches, sandwiches and a variety of desserts, as well as a good selection of hot and cold beverages, including speciality teas. The property boasts approximately 43 sq. metres of floor space, with a spacious service and seating area and a kitchen to the rear. The business has built up an excellent reputation within the area and further afield for the high quality of the fayre and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Monday trading, as the business is currently closed on this day. A new owner could also embark on a modest marketing campaign to highlight the excellent food offered. There is also scope to launch a website for the business. This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

Turnover
The business generates a turnover in the region of £72,800 per annum, with a gross profit of approximately 66%.

The business is owner run and managed with 2 x part-time staff members.

The business is open: Monday: ClosedTuesday – Friday: 9.30am – 4.30pmSaturday: 9.30am – 4.00pmSunday: Closed

The Georgian Tearoom occupies substantial ground floor premises, ideally located within the popular market town of Blandford Forum in Dorset. The business is situated down a quaint passageway off the busy East Street and is surrounded by a wealth of complimentary shops and businesses, therefore, benefiting from a high volume of footfall. The tearoom further benefits from good parking facilities within the area. Blandford Forum, commonly known as Blandford, is notable for its Georgian architecture, the result of rebuilding after the majority of the town was destroyed by fire in 1731. According to the 2013 estimate, the town had a residential population of 10,610. Blandford Georgian Fayre, a one-day celebration of the town’s Georgian heritage, is held in the town centre every year in the first week in May. The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest main railway station to the town is Salisbury or Wimborne Minster. The area is also well served by the A-roads, with the A354 being within easy driving distance of the property, which links to the national A-road and motorway networks. Dorchester is approximately 18 miles away and Bournemouth is 19 miles away.

Substantial ground floor premises, in an ideal trading location, briefly comprising: Quaint passageway off the main high street leading too tearoom.Main seating and service area with approximately 28 covers.Serve over display counter with electronic cash register and cake displays.Store room.WC. Kitchen with: Three door stainless steel worktop refrigerator.2 x microwave ovens.Upright freezer.Sink with drainer.Hand wash basin.Stainless steel dishwasher.Griddle.4 x burner cooker and oven.Grill cooker.Grill.Coffee machine.Hot water boiler.Storage space under counters.

Tenure
We are advised Leasehold: Original lease length: 6 years from July 2014Remaining lease length: 4 yearsReview every: 3 yearsRent: £7,500 per annum

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