Charming Tea Room in Cultural Hub of Northampton's Mackintosh House for Sale
Northampton, Northamptonshire
- Status
FOR SALE
- Advert ID
627878
- Leasehold: £28,000
- Rent: £14,440 (£1,203 per month)
- Turnover: £100,000 (£1,923 per week)
- Net Profit: On request
Key Features
- Close to Local Amenities
- Fully Fitted
- Established Business
- Small Business
- Town Centre location
- Prime Location
- Accounts Available
- Offers Invited
- Unique Business
- Attractive Business
Business Details
Tea Room for Sale, based in The Charles Rennie Mackintosh House, 78 Derngate Northampton
Our small business, known for offering high-quality and satisfying menu items, has experienced rapid growth due to our dedicated efforts. We have built a strong reputation as one of the best afternoon tea venues in Northampton, as confirmed by our excellent TripAdvisor and Google reviews.
The tearoom is strategically located in the Charles Rennie Mackintosh House at 78 Derngate, situated within Northampton's cultural quarter in the town center. This location is a hub for customers, especially those visiting from house tours, looking to indulge in an exceptional afternoon tea experience.
After acquiring the business last year, we've worked extensively to enhance its reputation. Previously owned for 15 years, our efforts over the past year have resulted in a slight increase in turnover as we repositioned the business within the local market.
The business, open from Tuesday to Sunday between 10 AM and 4:30 PM, offers potential for further expansion, such as evening events and fine dining experiences. It will be sold as a leasehold for £28,000, with all fixtures, fittings, and equipment included, making it a ready-to-run enterprise.
The tearoom features vibrant yellow and black Art Deco decor, large windows that allow ample natural light, modern seating with matching table covers, decorative indoor plants, stylish artwork, and a well-equipped counter area with a unique tile backsplash.
Despite not having employees, we have succeeded in establishing a strong online presence and are known for our distinct afternoon teas, standing out amid local competition. Positioned close to various amenities, our business benefits from its attractive town centre location.
We are selling the business as we relocating, but I am willing to offer guidance and show the new owners the ropes to ensure continued growth. The annual rent is £14,440and the current turnover stands at over £100,000. This unique tearoom business is an attractive opportunity for potential buyers.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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