Well Established Tea Room in Lyndhurst For Sale

Excellent High Street trading position, sought after country town NEW FOREST, HAMPSHIRE LYNDHURST

Turnover £ 8,500
Price £185,000

Features

Well Established Tea House with Full A3 Consent

5 STAR HYGIENE RATING

FORECOURT WITH SEATING FOR 8 PERSONS

DOUBLE FRONTED PREMISES. Tiled floor, suspended ceiling with spotlights. Air conditioning with hot air. Tables and chairs providing seating for 48 persons. Cool display counter with refrigerated storage section, EPOS till,

KITCHEN. Stainless steel extractor unit, 6-burner gas cooker, salamander grill, 4 microwaves, fridge, salad bar, panini machine, 2 toasters, 4 stainless steel preparation tables, 2 mixers, meat slicer.

Walk-in coldroom

Walk-in Freezer

Stairs to Stockroom

Ladies' & gentleman's toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 4 full time & 16 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY - 9 a.m. - 4.30 p.m.
SATURDAY & SUNDAY - 9 a.m. - 5 p.m.

Outside

Rear yard with staff toilet

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2015 with reviews every 3 years (next review 2024) at a current rent of £28,000 p.a.

Business Rates from April 2023 £3,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 92,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote