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Leasehold Tea Rooms, Castle Street, Warwick, Warwickshire, CV34 4BP

Leasehold
£180,000

Business rates & charges may apply

VERITAS BUSINESS SALES LTD, Midlands
SIZE

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SECTOR

Cafe for sale

USE CLASSUse class orders: A1 Shops and A3 Restaurants and Cafes

A1, A3

Key features

  • Leasehold Tea Rooms
  • Licenced
  • Quaint Tudor Grade II* Building
  • Turnover £450,000 net of VAT
  • 51 Internal Cover & 24 External

Description

Leasehold Tea Rooms Located In Warwick Town Centre
Quintessential English Tea Rooms
51 Internal Covers & 24 External
Quaint Tudor Grade II* Building
Ref 3156

Asking Price £180,000 LTD CO Sale

Location
This established and thriving Tea Room is located in the historic market town of Warwick which is one of Warwickshire's popular tourist hotspots. It's positioned next door to Warwick castle which draws more than 800,000 thousand visitors each year and stands as a striking symbol of the town's rich heritage. Warwick's location also provides easy access to the nearby towns of Leamington Spa, Stratford-upon-Avon, and Coventry, making it a convenient and desirable place to live for commuters and families alike.

Business Description
Veritas Business sales are privileged to offer to the market this delightful Tea Rooms which is located in Warwick. There has been a Tea Rooms trading from these premises since 2005 and the business has been in the careful hands of our client since the start of 2004. They are reluctantly now offering the business for sale due to increased family commitments.
Since ownership they have made improvements to the décor and installed 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 Oken Tea Rooms is owner operated with a team of 2 full time, 1 part time and a pool of casual members of staff and is on track to turnover £450,000 net of vat for the last twelve months.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times. The business already enjoys a strong reputation within the local community and beyond, with strong Tripadvisor reviews, its own website, a strong social media following (3.4k Facebook followers) and enjoys a high level of regular and repeat trade. This is a fantastic opportunity to purchase a thriving turnkey business in a perfect location which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - Sunday - 10:00 - 17:00

Leasehold
Term: 10 years
Remaining: 9 years
Rent: £18,500 pa
Reviewed: rising to £20,000 pa in 2026
Business Rates: £3,370

Ground Floor
Door leading into the retail shop comprising: 2 x wooden sales & display units, ice cream freezer (Jude's on loan), sales counter with EPOS till, filter coffee machine (Bunn), coffee bean grinder (Santos), 3 x wall mounted menu blackboards and numerous Nkuku wooden cake stands with glass domes.
Tea room with feature fireplace, cutlery & condiments cabinet and tables & chairs to cover (9).
Tea room with tables & chairs to cover (16), storage area with worktop, storage shelves and undercounter drinks fridge (Coca-Cola on loan).
Small kitchen with dual head espresso coffee machine (Conti), coffee grinder (Victoria Arduino), hot water boiler, milk fridge (Liebherr), worktop and storage shelves.
Commercial kitchen comprising: 2 x stainless steel tables, stainless steel sink, tabletop plate rack, dishwasher (Winterhalter), 2 x wall mounted paper towel dispensers, 2 door undercounter fridge with stainless steel worktop, salamander grill (Buffalo), 5 ring electric hob with triple oven, wall mounted knife rack, soup kettle and rear exit door.
Storeroom with 2 x commercial microwaves (Buffalo), 2 x wall mounted shelves, storage unit, worktop, 2 x 4 slice toasters (Bosch), food mixer (Kenwood), stainless steel table, stainless steel wash basin.
Garage with upright fridge (Polar), stainless steel 2 door freezer (Sterling Pro), stainless steel upright fridge (Sterling Pro), stainless steel table, storage unit and small chest freezer (Tefcold). Hallway with stair leading to the first floor.

First floor
Tea room with tables, chairs and sofas to cover (18).
Small function area with table and soft seating for (8).
Dry stores with 3 x wooden storage units, stainless steel sink drainer, stainless steel table, meat slicer, wash basin and a door leading to another storeroom.
Prep room with worktop, base unit 2 door undercounter drinks chiller, coffee grinder and 5 x cake display cabinets.

External
Frontage with tables & chairs to cover (24).
Rear yard with side gate and bin area. Customer toilet with W/C, wash basin, baby change, wall mounted mirror and storage unit.

Leasehold Tea Rooms, Castle Street, Warwick, Warwickshire, CV34 4BP

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Warwick Station0.5 miles
  • Warwick Parkway Station1.1 miles
  • Leamington Spa Station2.2 miles

About VERITAS BUSINESS SALES LTD, Midlands

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG
Industry affiliations:Industry affiliation logo 0

Veritas Business sales boasts over 15 years’ experience in Business sales, Acquisitions, and Commercial property sales. Whether you are selling a coffee shop in the Midlands, Public house in Wales or a Hotel in Cornwall we can help you with your exit strategy. We have a network of Consultants across the UK so choosing an agent that understands your business and the benefits of its location, means we can strategically present your concern to a focused audience.

Notes

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Disclaimer - Property reference 3156. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VERITAS BUSINESS SALES LTD, Midlands. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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