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Cafe for sale

Commercial Street, Leeds, West Yorkshire, LS26

Sold STC 67 sq. m. | £24,950

Property Description

Commercial information

  • Business for sale
  • 721 sq ft (67 sq m)

Key features

  • REF: 2960
  • LEASEHOLD
  • CAFE

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market Brew Tea Rooms. Our client first opened the store over 5 years ago, but is now looking to sell due to other business interests.

This is a fantastic coffee shop deriving its income from a traditional menu. The menu includes a range of foods like, breakfasts, hot and cold sandwiches, paninis, toasties, jacket potatoes, soups, gluten free cakes and a full range of quality teas and coffees.

We are advised the current turnover for the business is around 60,000 with a great net profit of over 25,000, this is with short opening hours so there is a lot more scope. We believe there is scope to increase turnover with a hands on new owner.

We are advised the business generates an additional income from providing a catering service for local fayres, bonfire nights and carnival days. This side of the business could be something the purchaser looks into on a regular basis.

The coffee shop has approximately 37 covers and also benefits from a seating terrace to the front and back of the store which has over 25 covers. We are advised that there is potential to increase covers to over 60. This is a brilliant premise in a great trading location receiving custom from passing trade but mostly loyal repeat custom.

This is a fantastic opportunity for a purchaser looking for this type of business. The area is perfect for the trade and the shop comes fully fitted. This would be a great start up or bolt on business. Hilton Smythe highly advise early viewing to avoid disappointment.


LOCATION
Brew Tea Rooms is located in Rothwell, Leeds, West Yorkshire.

The business is located on a busy high street of Rothwell amongst many independent retail stores such as an opticians, charity stores, pubs, a florist, restaurant and more. This area attracts a large amount of footfall due to its prime location. There is also a larger Morrison's store close by and an Aldi store is currently being built near-by.

This town centre location allows businesses to benefit from great public transport links. There is a bus stop just a 2 minute walk away from the property with regular routes. The business is just off the A654 which runs through Robin Hood and connects to the M1 motorway. Leeds is also approximately just 7.2 miles away, which makes this a great area for commuters.

PREMISES
The property is located on a main high street in Rothwell. It is a two storey single fronted premise, with traditional signage and a vintage feel.

The interior continues the vintage traditional feel and is purposely fitted. The internal seating areas has approximately 37 covers. The serving area is open, well stocked and presentable. The kitchen area is just off the serving space and comes fully fitted. This space also has a toilet and access to the rear outside seating area. The outside seating areas have covers for over 25.

Equipment includes-
Timber servery
Electric till
Potato oven
Panini grill
2 x Microwaves
2 x Pot Bain Maries
1 x Ring induction hob
3 x Fridges
Sink unit
Dishwasher
Fixtures and fittings
Tables
Chairs
Shelving
Drinks chiller

On the first floor is a more relaxed lounge area with sofas and chairs, there are also further table and chairs.

The business benefits from 2 large free car parks which are close by to the business.

TENURE
We are advised the business is Leasehold.

Original lease length: 5 years
Rent: 10,392 per annum

HOURS
The business is open-

Monday - Saturday: 9am - 2.30pm
Sunday: Closed

STAFF
The business is run and managed by a manager with the help of 3 part time members of staff.

FINANCIAL PROFILE
The business generates a turnover in the region of 60,000 per annum.
With a gross profit of around 75%



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