Popular Licenced Tea Room in Market Drayton, Shropshire *Superb Opportunity* *Viewing Recommended*

£39,950  

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Property Details

City Business Brokers are pleased to bring to the market this busy and well-loved Tea Room, ideally located in the beautiful Shropshire Town of Market Drayton. The Tea Room was established 20 years ago and has been in the careful ownership of our client for the last 4 years, who now wishes to take a well-earned retirement and, hence, has placed this fantastic business on the market.

Operating from well-fitted and presented 2-storey premises, the business currently primarily offers a full and varied in-house menu including breakfasts, homemade soups, sandwiches, jacket potatoes, salads, daily specials, lasagnes, flans, paninis and cakes, as well as Afternoon Teas and High Tea.  A Children’s Menu is also offered. Drinks include tea, coffee, milkshakes, hot chocolate, soft drinks, fruit juice and alcoholic beverages.  All food is freshly prepared and served in the pleasant surroundings of an attractively-furnished dining area which may comfortably accommodate up to 61 covers, including 17 on the first floor. 

Currently the Tea Room concept is as follows: Ground Floor is a Traditional Tea Room; Upstairs is a Contemporary Coffee Lounge and Outside is a Continental Street Café.  Families and children are welcome in the Tea Room.  Takeaway also available.

The Tea Room boasts a loyal, local customer base and has a renowned reputation amongst local residents.  Book Clubs are held at the Tea Room twice-weekly. 

We feel there is scope for continued growth, not least with regard to opening in the evenings as a Bistro/Wine Bar for more Wine and Dining Experiences and special occasions such Valentine’s Day, Mother’s Day, Christmas parties, etc.  A degree of menu and product expansion, Sunday Lunches and the possible provision of local delivery and outside catering services may also provide added revenues. Also, the first floor could be converted to living accommodation.

The business may also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of online advertising and ordering in order to improve upon the already high levels of turnover and profitability it has achieved.  This is a superb “Lifestyle” business opportunity and we would strongly recommend the earliest possible viewing to avoid disappointment.

Note: An Alcohol Licence has been granted which will allow for longer opening hours i.e., 7.30am to 10.00pm – hence greater revenue.  Also, opening hours could be extended to include Sundays.

Financial Information

Turnover: £65,000 per annum with huge scope to increase

Lease: The premises are being offered with the benefit of a secure lease with 2 years remaining.

Rent: The current rent stands at approximately £15,000 per annum.

Business Rates: Zero

Trading Hours: Monday to Saturday 8.30am to 5.00pm.

Staff: 1 Full-time and 3 Part-time.

All fixtures, fittings and equipment are included in the sale.

Note: Would ideally be owner-run to maximise profits.

All the above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information

Note: Library images may have been used for display purposes

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