Leasehold Independent Tea Rooms & Café Located In Shipston On Stour

Shipston On Stour, CV36 4PP
£49,950
Business ID:
#2558
£49,950
  • Ref: 2558
  • Type: Cafe
  • Availability: Sold
  • Veritas Categories: Catering, - Cafe, - Coffee Shop, - Restaurants, - Tea Rooms
  • Business ID: 2558
  • Commercial Tenure: Leasehold
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Property Features

  • Tear Rooms & Cafe
  • Leasehold
  • Town Centre Location
  • Newly Fitted
  • Further Potential
  • Licensed

Full Details

Leasehold Independent Tea Rooms & Café (Licensed) Located In Shipston On Stour
Ratings # Trip Advisor 4.5 / Facebook 5.0 / Google 4.8
Ref 2558

Location
This delightful Tea Rooms & Café is located in the desirable and expanding Cotswold market town of Shipston On Stour. Situated within a prominent and highly visible trading position in Granville Court, just off the (A3400) which is the main thoroughfare road. Shipston is near to both Gloucestershire and Oxfordshire borders and benefits from schools (primary & secondary), a medical centre, hospital, library and several sports clubs. The (A3400) gives easy access to Stratford upon Avon (11 miles), Warwick (17 miles), Morton In Marsh (7 miles) and Royal Leamington Spa (18 miles).

Asking Price £49,950 plus SAV (£500)

Business Description
Veritas Business sales are privileged to offer to the market this respected Tea Rooms & Café which is located in Shipston On Stour. The premises has been an eatery for many years and was transformed into what you see today back in December 2018 by its current owners. The Tea Rooms is now being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have refurbished, redecorated and invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The Three Ewes Café is owner operated and employs the help of 4 part time members of staff and has an annual turnover of circa £82,000. The menu offers all day brunch, freshly cut sandwiches, toasted sandwiches, soup, daily specials, pastries, bagels, homemade cakes, specialist coffees, loose leaf teas, cold drinks, smoothies, milkshakes and alcoholic beverages. All food is freshly prepared to order on site, using only the finest locally sourced produce. We believe that there is further potential to increase revenue should you wish, by extending the current opening times and days and by opening evenings as a bistro or restaurant. The owners close for six weeks of the year and choose to operate at a gentle pace to keep below the vat threshold. They have a strong reputation within the local community and beyond and enjoy a high level of regular and repeat trade along with many new and returning tourists. This is a superb opportunity to purchase a turnkey business where all the hard work has been done and is a great base to build upon and as such early viewing is highly recommended as this is gem is not to be missed.

Opening Hours
Monday & Tuesday – closed
Wednesday – Saturday – 9.00am – 4.00pm
Sunday –10.00am – 1.00pm

Leasehold
Term : 5 years (longer lease available)
Remaining: 2 ½ years
Rent: £9,500 plus vat pa
Business Rates: zero

Ground Floor
Café comprising: tables & chairs to cover (28), bifolding doors leading on the patio area, breakfast bar counter with numerous cake display containers, 4 wall mounted shelves, box display units, serve over sales counter with EPOS till system, kitchen area with worktops, wall & base units, draws, dual head espresso coffee machine (Iberital IB7), coffee grinder, undercounter fridge (Polar), undercounter freezer (Electra), undercounter fridge x 2 (Electra), dishwasher (Bosch), George Foreman grill, George Foreman sandwich press, 3 wall mounted shelves, stainless steel wash basin, stainless steel sink drainer, 7 ring gas hob/oven (Belling), wall mounted menu board, 4 slice toaster (Dualit), soup kettle (Buffalo), smoothie machine (Vonchef), hot water boiler (Instanta) and an extraction canopy (Belling).
Hallway with storage cupboard.
Customer W/C with wash basin, wall mounted soap dispenser and wall mounted paper towel holder.
The property benefits from electric storage central heating and the cooker is fired by LPG gas

External
Patio area with tables & chairs to cover (12). Customer car par to the frontage on a first come first serve basis.
EPC Rating E