Status: Completed
Tenure: Leasehold
Leasehold Rent: £10,404 per annum
Turnover: £57,200
Cafes/Tea Rooms/Coffee Shops in SheffieldCafes/Tea Rooms/Coffee Shops in SheffieldCafes/Tea Rooms/Coffee Shops in SheffieldCafes/Tea Rooms/Coffee Shops in SheffieldCafes/Tea Rooms/Coffee Shops in Sheffield
£15,000 + SAV

Cafes/Tea Rooms/Coffee Shops in Sheffield

Completed
  • Reference: 1343
  • Location: Sheffield, South Yorkshire
Hilton Smythe welcomes to the market The Honey Pie Tearoom. The business was founded by our client eighteen months ago and occupies a prime trading position just outside the city centre and is genuinely offered for sale as our client looks towards other business ventures.

The Honey Pie Tearoom specialises in a vegetarian and vegan menu only with a variety of toasties, paninnis, soup, and a good selection of homemade cakes and serving a wide choice of teas and coffees.

We feel there is huge scope to develop the business further possibly by opening earlier and introducing a traditional breakfast menu or by extending trading hours to take advantage of evening trade and opening as a bistro, and indeed the business was previously licensed for this.

The tearoom is maintained to a very high standard throughout, light and airy with colourful decor, modern furnishings and comprehensive kitchen offering a relaxed friendly dining experience.

Naturally, we would highly recommend viewing this profitable concern offering a walk in trading opportunity with the potential for further development.

TENURE

We are advised Leasehold.

The original lease length is 25 years with 14 years remaining and reviewed every 5 years. The rent is £867 per month.

HOURS

The business opens:-

Monday Closed
Tuesday 11.00am - 4.30pm
Wednesday,Thursday, Friday 10.00am - 4.30pm
Saturday 10.30am - 5.00pm
Sunday Closed

As previously mentioned there is the potential to extend opening hours and increase revenue.

STAFF

The tearoom is owner run and managed with the assistance of 7 part time members of staff.

FINANCIAL PROFILE

The business reports a healthy turnover of £57,200 per annum.
The business is located on the very busy A61 Chesterfield Road, a main thoroughfare leading to Sheffield City Centre approximately 10 minutes drive away.

Ideally positioned directly opposite a retail park with many notable high street retailers and a large auction house and in close proximity to a supermarket, the business occupies a prominent position amongst a retail parade in this busy commercial district and densely populated residential area ensuring heavy footfall throughout the day.

Sheffield is a vibrant city with excellent road links with the M1 and M18 connecting the city to the national motorway network. The city boasts its own railway station and excellent bus and coach services run through the city and out to surrounding surburbs.
This double fronted premises briefly comprises:-

Attractive well furnished and laid out cafe area with modern tables and chairs for 24 covers, additional children's high chairs, timber counter/server and till, behind which is the coffee machine.

Upright cake display chiller and laminate wooden flooring throughout.

Through to the rear kitchen briefly comprising 5 burner gas oven, double bowl stainless steel sink unit and work surface to one wall.

Separate ladies and gentleman's toilet facilities.

Externally to the rear is a shared yard. To the front aspect the business is very clearly signed with the advantage of street parking directly outside and ample parking on the retail park opposite.