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Cafe for sale

High Street,Kington,HR5

£195,000

Property Description

Full description

SUPERB TEAROOMS/BISTRO & CONFECTIONERS - HEREFORDSHIRE
Freehold grade II listed property dating back to the 1650's
Prominent high street location in Kington, Herefordshire
Scope for longer bistro hours and for alcohol licence
Early interest and viewing is highly recommended
Market town location with good amenities
Sale includes all fixtures and fittings
Advised annual turnover of 85,000
3 bed owners' accommodation
Well established business
FREEHOLD


Location

This superb tearooms and retail confectioners is located in the beautiful market town of Kington in Herefordshire. The property stands proud on the town's main High Street which also acts as the areas main through road. The shop benefits massively from having a wide selection of neighbouring commercial style businesses and well known high street retailers which attract visitors to the location throughout the year. The business also benefits from being situated on the through road as there are commuters and motorists who pass by on a daily basis. Kington is a highly desirable residential and business location due to its beautiful open countryside, neighbouring picturesque villages and towns, excellent housing and historic attractions. The town is near the Wales/England border and is in the shadow of Hergest Ridge and sits on the River Arrow. Kington has long been famous for its panoramic views of beautiful open countryside and surrounding hills. The M5 motorway is approximately 35 minutes' drive away so travelling through the UK is made easy.


Business History

Meridian Business Sales are delighted to offer to the market this well established and respected tearooms and confectioners. The business dates back 80 years as a chocolatiers, the tearooms was introduced 25 years ago and has been in the careful hands of our client for the last 3 years. This unique opportunity is being offered to the market due to personal reasons. Our client has gone to considerable expense and effort on the presentation of the property and is very generously including all fixtures and fittings 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. Our client inform us that the current annual turnover is 85,000 which is derived from the sale of chocolates and confectionary which equates to one third of the business turnover and the remaining two thirds comes from the tearooms and bistro. The business is owner operated and employs 1 full time and 1 part time members of staff. We believe that there is still huge potential to increase turnover by opening the bistro more evenings, doing more take-away food, Sunday lunches and by becoming licenced to serve alcohol. This is a superb opportunity and as such Meridian Business Sales recommends early viewing.


Financial Profile

Turnover: 85,000pa
Stock approximately: 4,000


Tenure

We are advised freehold


Opening Hours

Monday: 9:00am - 5:00pm
Tuesday: 9:00am - 5:00pm
Wednesday: 9:00am - 2:00pm
Thursday: 9:00am - 5:00pm
Friday: 9:00pm - 9:00pm
Saturday: 9:00am - 4:00pm
Sunday: Closed


Accommodation

Parade location freehold tea rooms/bistro and confectioners, briefly comprising:

GROUND FLOOR
Retail shop with sales counter and chocolate glass display cabinets plus 2 tables with seating for 4, tea rooms/bistro with seating for 12, toilet and wash basin, wash-up room with sink drainer, crockery storage, wash basin, hot water boiler and dish washer, Kitchen with work surfaces, 2 x deck pizza oven, grill, convector oven, induction hob, baby belling and toaster

Cellar (below ground)
Dry store room with fridges and freezers

FIRST FLOOR
Tea rooms/bistro with seating for 18-20, owners' lounge which can be used as an over-spill to the bistro and owners' private fully fitted kitchen and bathroom.

SECOND FLOOR
Master bedroom with en-suite shower, toilet and wash basin, drying room and airing cupboard
1x double bedroom
1x good size bedroom currently used as office

EXTERNAL
Rear court yard with wooden storage shed
Rear parking for 1
2 tables with seating for 8 plus a bench.

Room Mesurments
Tea Room 2.7m x 7m
Shop Floor 3.7m x 5m

Lounge 4.3m x 2.8m
Dining Room one 4.3m x 2.8m
Dining Room two 3.6m x 3m

Master bedroom 4.7m x 6.1m
Bedroom two 4.5m x 4.4m
Study room 3.4m x 2.8m

Cellar 3.3m x3.3m

Floor plans available on request.

Street View

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