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Hilton Smythe welcomes to the market the Bumbles Tea Shoppe.
The business has been operated by the current vendor for just over eleven months where it has grown rapidly and on an upwards trajectory already showing impressive returns. Due to family commitments this very rare and exciting opportunity has now become available offering a truly unique business opportunity with multiple income streams and excellent growth potential for the new owner.
The main trading area is across one level with 16 internal covers.
Bumbles Tea Shoppe has the benefit of an excellent trading location and is a focal point within the village benefiting from a busy passing trade which continues to grow attracting many different groups including cyclists and walkers.
The business has undergone major refurbishment and has been finished to a very high standard creating a very pleasant trading environment which compliments the current business model as well as offering the new owner options to tweak things further putting their own spin on the business.
Bumbles Tea Shoppe currently serves a range of breakfast options and lunches along with cakes & pastries, afternoon Tea & Coffee along with some locally sourced convenience essentials. The food offering could be extended further with an option for opening as a Bistro in the evenings which the premise could easily accommodate.
The business also has the benefit of highly desirable one bedroom living accommodation to the first floor with a separate entrance which has been let out as holiday accommodation and is currently operating as a serviced apartment for professionals generating an additional income stream which the new operator could continue to benefit from or look to use the accommodation for personal use.
This is a highly desirable business with an excellent business model in place and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector, which is already established or for an experienced operator looking for an additional business with an attractive income stream, a golden turn-key business opportunity.
Situated in the picturesque and much sought-after village of Epperstone in Nottinghamshire.
The business is located at the top end of Main Street within the village and is easily accessible off the A6097 Epperstone by-pass as well as the arterial routes in and out of the village to the surrounding areas.
Period village property located on the Main Street in Epperstone.
Front entrance into main trading area, service counter, tables and chairs 16 covers, cake display and refrigeration units, fridges and freezers, WC,
Fully fitted open plan kitchen area with stainless preparation facilities, cooker and extractor, additional storage units,
Fully refurbished first floor serviced apartment comprising:- bathroom, kitchen diner, living room and bedroom all fitted out to a very high standard.
An asset list can be provided by the current owner.
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £7.800 per annum with over 4 years remaining on the current 5 Year lease.
The opening hours are currently 9.00am to 3.00pm Monday to Wednesday and 9.00am to 4.00pm Thursday to Sunday.
The business is managed by the current vendor with the assistance of 3 x part time staff.
We are advised the business is currently turning over in the region of £80,000 per annum trading limited hours, with the benefit of an additional £14,000 per annuum from the serviced apartment.
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