Most appealing York Tea Rooms Ref: C 604

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Description

This is a very well positioned business enjoying excellent visibility within the historic city of York and it comes with the major advantage of an owners parking space directly outside. The business is concerned with the sale of teas and coffees, snacks and light meals and has consistently achieved an excellent level of turnover. The seating area is attractively fitted and presented and the kitchen is equipped with all necessary tools and gadgets. A highly desirable business offered at a very attractive price.

Price

£39,950

Details

Seating Area 19.4 sq.m with approx 15 covers, coffee grinder and tea and coffee making machine, cold drinks display counter, cash register, pine boarded ceiling with fan.

Kitchen 13.0 sq.m with a range of cupboard units, 2 x stainless steel sink units, 2 x microwave ovens, grill, cooker with separate electric hob, 2 x fridges, freezer, dishwasher.

WC with low level suite.

Basement providing excellent storage area with washing machine and dryer.

Outside there is an additional seating area for 12.

RATES

The RV is £5400. Rates payable for 2009/2010 will be £2597.40. It should be possible to reduce this considerably on application to the Council under the Small Business Rates Relief scheme.

LEASE

The premises are held on a lease expiring on 24/12/08 however a new 5 year lease is understood to have been agreed as from 25/12/08 at a rent of £5750pa with a mid term tenants break clause ( details to be confirmed ) 

BUSINESS

The business is run by the proprietor and 7 or 8 part time staff ( all students ) In our opinion, it would be best run by a 2 person team with minimal part time help so as to maximize profits. Takings for the current year are understood to be around £60,000 having risen steadily over the last 2 or 3 years. Profit levels are excellent. The business is open 6 days a week from 10am to 4.oopm. Closed Sundays.

Viewing

By arrangement with The Agents on 01904 794812.

Important

Where staff are employed in a business, it is possible that they are unaware of any impending sale, therefore it is essential that all viewings are arranged through us and no direct approaches should be made under any circumstances.

Vat

All prices and rents are deemed to be exclusive of any VAT which may  apply.

Note

Details and general information provided within these particulars have been confirmed by The Client, are given in good faith and are believed to be correct, however all proposed purchasers/tenants must satisfy themselves as to the correctness of the information provided.  We understand that all services and items of equipment are in functional order, but no warranties can be given in this respect.