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

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 2024. 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 over £400,000 net of vat for the last twelve months. For year ending 31st March 2026 forecast EBITDA before owner wages exceeding £90k.
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.