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Traditional Tearoom Styled Cafe For Sale

Grimsby, Lincolnshire
Asking Price:
£56,500
Sales Revenue:
£80,000
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market Day’s Delights Tea Room in Waltham Lincolnshire. The business has been owned and run by the current vendors for over two and a half years in which time it has built up an enviable reputation for quality and service building up a regular clientele and which now due to family commitments this very rare and exciting opportunity has now become available.

The business is styled on a traditional tearoom offering breakfast, lunches afternoon tea & coffee plus a delicious range of homemade cakes, sandwiches and pastries all served throughout the day.

The business has attracted some rave reviews and the on-line following continues to grow, the business offers an excellent opportunity for either an established operator looking for an additional site or an individual or partnership looking for their first business venture with the benefit of acquiring and established site with high quality fixtures and fittings finished to a very high standard.

The business could easily be grown by tweaking the food offering and opening later into the evening potentially as a Bistro/private function room destination with an evening food and drink offering.

The business is trading in a very sought-after location operating with very attractive running costs and offers huge scope for the new operators, this is a turn key business opportunity with huge growth potential being offered to the market with very affordable in-going and running costs representing a rapid return on initial investment.

Location
Situated on the High Street in the sought-after village of Waltham in Lincolnshire. The site is easily accessible on foot and by all modes of transport with plenty of on street parking to the front. Waltham is just a short drive from both Grimsby and Cleethorpes accessible by all the excellent surrounding local road network links.

Premises
Village location on the High Street in Waltham, main trading area with tables and chairs, service counter, shelving, fridges and freezers, food display units, access through to fully fitted kitchen, with oven, hot plate, microwave, stainless food preparation and storage units, extractor unit. Separate WC and rear access, currently operating 22 internal and 4 external covers in current configuration.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £7,200 per annuum with 7 Years remaining on the current 10 Year lease.

Hours
8.30am to 4.30pm Tuesday to Saturday.

Staff
The business is run and managed by the current vendor with the assistance of 3 x part time staff.

Financial Profile
We are advised the business is turning over in the region of £80,000 per annum trading limited hours.

There are currently no business rates payable.

Property Information

Property:

Leasehold

Contact Information

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