Status: Completed
Tenure: Leasehold
Leasehold Rent: £12,000 per annum
Turnover: £156,000
Beautiful Traditional Tea Rooms Set Over Four FloorsBeautiful Traditional Tea Rooms Set Over Four FloorsBeautiful Traditional Tea Rooms Set Over Four FloorsBeautiful Traditional Tea Rooms Set Over Four Floors
Stock Included
£58,250 + SAV

Beautiful Traditional Tea Rooms Set Over Four Floors

Completed
  • Reference: 2741
  • Location: Uttoxeter, Staffordshire
Hilton Smythe is delighted to introduce to the market the Vintage Tea Emporium. This highly popular tea room has a huge amount of repeat trade and loyal custom. The business was originally established not too long ago in 2011 by our client, seeing year on year growth making it the successful business it is today.

Our client is looking to sell this highly profitable business due to personal reasons. We are advised by our client that the business has been valued for a quick sale and believes the value should be a lot higher.

The beautifully presented period building is split over 4 floors, boasting a function room. The business specialises in afternoon teas and light lunches, serving only high quality loose teas, coffees and homemade cakes. The proof comes from the fantastic reviews on TripAdvisor left by very happy customers.

We are advised the business is currently generating an impressive turnover each year. The turnover is excellent, however we believe this could be increased in several ways. The new owner could look into the following suggestions to increase the revenue.

Consider opening a bistro in the evenings.
Extend opening hours
Develop the outside catering, particularly for the nearby racecourse.
Apply for an alcohol licence, this will improve the hen night and party offering in the function room.
Setting up a website, to extol the services offered.
Starting a small marketing and advertising campaign.

The current owner has been running the business at a steady pace to suit them, and with a hardworking, determined buyer the tea room could be an even greater success.

The asking price includes all of the £30,000's worth of assets, giving the new owner a fantastic starting business. We are also advised that the existing staff would be happy to stay, assisting the new owner with their knowledge and experience of the business.

The business also generates a little extra revenue from being an agent for the Farrow and Ball paint brand. There is so much potential for the business, with such a fantastic 4 storey character property there is plenty of space for development.

This business would be perfect for anybody who was looking to start up or expand their tea room/café. The property also comes with competitively priced rent. We highly advise early viewing to avoid disappointment on this substantial tea room with 69 covers.

TENURE

We are advised the business is leasehold
Original lease length 2 years
Remaining lease length is under 2 years
Review 1 year
Rent £12,000 per annum

HOURS

The business opens:-

Monday-Saturday: 9:30am-4:30pm
Sunday: Closed

STAFF

The business is owner run and managed by the owner with the assistance of 1 full time and 4 part time members of staff.

FINANCIAL PROFILE

Available on request.
Vintage Tea Emporium is located in the market town of Uttoxeter, Staffordshire. The area is popular with tourists due to its proximity to Alton Towers theme park and the Peak District National Park. The town also has a race course which also brings in a huge amount of footfall on race days.

The business is located on Market Place a main shopping area in this busy town. The town centre is filled with a vast range of independent retail outlets that complement the tea room. There are a few choices of cafes and other eateries in the area, however there is never a shortage of customers to this tea room.

The town centre location allows the business to benefit from the abundance of public parking and bus stops just a short proximity from the property.

The town has fantastic road links with the A50 and A518 within easy driving distance. These busy A roads link this large part of Staffordshire with the many popular surrounding towns and counties.
This beautifully presented 4 story period building is the perfect location for this traditional tea room.

Basement

The basement tea room is lovely and bright with tiled floor and feature brick painted walls. This area has 20 covers.

The following equipment in this part of the tea room is as follows-

Feature spot lighting, radiator, freestanding pine dresser with glazed doors, intricate carving, drawers and cupboards beneath, free standing shelving unit, built in dresser unit, painted with pine detailing, further dresser unit with doors above and cupboard beneath, feature bench seating unit with drawers beneath, L-shaped painted tongue and groove counter area with kitchen/prep area behind, twin Belfast sinks, built in display cupboard with glazed doors, stainless steel hot water urn, good run of worktop, Dualit toaster, silver microwave, 3 larder type fridges, freezer, Pine clad walls with perimeter shelving

There is a separate wash up Room, with a stainless steel sink and drainer, cupboards with draws beneath, good run of worktop, under counter dishwasher, 2x industrial microwaves, tiled walls with vinyl flooring

Crockery Storage Room
Useful storage room with wooden bespoke perimeter shelving

Ground floor

Tea Room/ Function Room
Delightfully presented Tea room with high ceiling and a real upmarket feel, large windows to front creating a light airy feel. Tounge and groove timber cladding to dado height, wood effect vinyl flooring, 3 beautiful chandeliers, 3 large dresser units painted with pine detailing shelving, drawers and cupboards beneath, feature balustrade staircase leading to basement tea room. Till area and space for 25 covers.

WC
Immaculately presented with window to side, toilet and hand wash basin with Heatstore' water heater above
Farrow and Ball Paint room
Feature fireplace, chandelier, built in storage cupboard, bespoke Farrow and Ball display unit, high ceiling with a door leading to:

Furniture display Room
High ceiling, vinyl floor with a door leading to:

Freezer/Dry Goods Store
Perimeter shelving, 3 upright fridges, 2 chest freezers

First floor

Tea Room
Windows to front, high ceilings, original sash windows creating a light airy atmosphere, feature coving to ceiling, picture rail, feature fire place, carpeted flooring, 24 covers, mirrored dresser, two ornate glass chandeliers, a really lovely function room ideal for use with family celebrations and girly get together/hen nights.

Preparation Kitchen
Window to rear, stainless steel sink and drainer with water heater above and drawers and cupboards beneath, generous run of worktop, boiler cupboard, stainless steel urn, larder fridge, 'Leisure' range style cooker with halogen hob and 3 ovens, walk in storage cupboard/pantry, large pine table with storage beneath and a free standing open shelved storage unit.

Second floor

Store Room
Window to rear, Perimeter sheving, access to roof space.

WC
With toilet and hand wash basin with 'Triton' water heater above, window to rear.

Office
Window to front, high ceilinged, carpeted, feature fire place, perimeter shelving.

Store room
High ceilings with exposed wooden flooring, window to front, built in cupboard.

Equipment
The asking price includes all fixtures and fittings as listed plus a considerable amount of antique bone china crockery, all chandeliers and some beautiful pieces of antique furniture. The vendor believes there is in excess of £30,000 of assets to be included

External
The business is painted in 'Farrow and Ball' colours and has a high end Upmarket feel. The property is well signed with pull out blind. The asking price really does represent a fantastic affordable opportunity and should be viewed at the soonest opportunity.