Leasehold Tea Rooms Located In Ruddington

Ruddington, NG11 6HD
£49,950
Business ID:
#2500
£49,950
  • Ref: 2500
  • Type: Cafe
  • Availability: For Sale
  • Veritas Categories: Catering, - Cafe, - Coffee Shop, - Restaurants, - Tea Rooms
  • Business ID: 2500
  • Commercial Tenure: Leasehold
  • Annual Turnover: 65000
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Property Features

  • Established Business
  • Leasehold
  • Village Location
  • Ideal Starter Business
  • Easy To Operate
  • Genuine Retirement Sale
  • Tea Rooms & Eatery

Full Details

Leasehold Tea Rooms Located in Ruddington
Facebook Rating 4.8
Ref 2500

Location
This delightful Eatery & Tea Rooms is located in the highly desirable village of Ruddington, Nottinghamshire. Positioned within prime village location just 5 miles from Nottingham City Centre and 4 miles from West Bridgford. The village boasts a selection of independent and large blue chip retailers which bring high levels of footfall to the area. Ruddington has a population of approximately 7,200 and is set for expansion due to plans to build 250 new homes nearby.

Asking Price £49,950 plus SAV (£1,500)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Eatery & Tea Rooms which is located in Ruddington. The business was established by our clients back in 2012 and is being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for included within the sale. During the covid lockdown they totally refurbishment the premises and installed a new boiler, windows, flooring, tables & chairs and new natural light LED lights. This is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Old Bakehouse Tea room is managed by the owner with the help of 1 full time and 1 part time members of staff and has an average weekly turnover of circa £1,200. They serve a fine range of specialist coffees, teas, and homemade scones, cakes, soups, sandwiches, toasties, cooked breakfasts, jacket potatoes and a varied lunch menu. All fayre is freshly prepared to order on site using only the finest locally sourced produce and can be enjoyed with a selection of soft drinks.
We believe that there is further potential to increase revenue should you wish, by extending upon the current opening times, promoting outside catering, adding online orders and applying for a drinks licence. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many new visitors. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Opening Hours
Monday – Saturday – 9.00am – 3.30pm
Sunday – closed

Leasehold
Term: 6 years
Remaining: 3 years (the landlady is happy to agree new lease terms)
Rent: £6,240 pa
Business rates: zero

Ground Floor
Restaurant comprising: tables & chairs to cover (21), serve over sales counter with cake displays, till system (Casio), espresso coffee machine (Fracino), coffee grinder (Laspaziale) water boiler (Lincat), under counter drinks fridge, (Beko), under counter fridge, counter top fridge (Polar), under counter storage shelving, cutlery & condiments table.
Kitchen comprising: stainless steel worktop, main sink, hand wash basin, upright fridge (Beko), upright freezer (Bush), under counter fridge (Beko), under counter freezer (Logic), commercial dishwasher (Halcyon), 2 microwaves (Morphy Richards & Kenwood), 5 ring gas hob and oven (Montpellier), 2 fryers (Buffalo & Cookworks) and extraction canopy.
Hallway with storage area.
W/C with wash basin.

External
Vendors side parking for (2).

EPC Rating C