This is a rare and ideal opportunity for individuals or couples looking to own and operate a successful catering business. With an enviable location, a captive audience, low overheads, and ample growth potential, an early viewing is strongly recommended to appreciate all that this unique opportunity has to offer. RX587860
Location
Nestled in the idyllic and affluent Essex village of Althorne, the Tea Rooms/Cafe is a central feature of the Winterdale Manor Estate. Situated within a private business centre, the premises benefit from good foot traffic due to their proximity to a popular children's nursery and the local village recreation ground, ensuring a steady stream of visitors throughout the week.
The Vendor has also advised that there are plans to increase the volume of buildings within the site which can only gain in footfall.
Tenure
Currently a 5 year lease with approx 3.5 years remaining with a rental of £12,000 per annum exclusive.
We understand a new lease may be available from the Landlord under separate negotiation.
Premises
Interior: Open-plan layout accommodating 24+ internal covers. High-quality fixtures and fittings, air conditioning/heating, and durable commercial-grade LVT flooring throughout.
Exterior: A picturesque courtyard setting with six picnic-style benches that provide seating for over 30 external covers.
Kitchen/Prep Area: Fully equipped with essential appliances, including:
Upright fridge, 3-door under-counter display fridge
12-bottle wine fridge, double griddle, microwave
Panini press, double ring hot plate, double air fryer
Chest freezer, dishwasher, two-group coffee machine, coffee grinder
Sink unit, hand wash sink, and a small extraction fan
Additional Facilities: Separate ladies and gents toilets with disabled access and baby change facilities, as well as secure storage for wet and dry stock.
Please note: No commercial kitchen or large-scale extraction installations will be approved.
Trading Hours
Monday - Saturday 9am - 3pm
Closed Sunday
There is obvious potential to extend the opening hours and open for Sunday trade.
Staff
1 Full time working owner
1 full time member of staff & 1 part time Saturday staff.
Turnover
The tea rooms generate an average weekly turnover of £1,500-£2,000, operating with high gross profit margins typical of the trade. There is substantial scope to increase turnover by extending trading days and hours and establishing a delivery service to capture additional market segments.
Business Rates
The premises benefit from zero business rates payable, resulting in low operational overheads and maximizing profitability for the tenant.
Legal Costs
The incoming tenant will be responsible for the landlord's costs associated with the granting of the lease.
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.