Leasehold Vintage Tea Rooms & Cocktail Bar Located In Stratford Upon Avon

Leasehold Vintage Tea Rooms & Cocktail Bar Located In Stratford Upon Avon
Turnkey Business
Late Drink Licence
VIP Lounge
Ref 3243

Asking Price £190,000 plus SAV (£4,000)

Location
This outstanding Vintage Tea Rooms & Cocktail Bar is located in the heart of Stratford Upon Avon town centre. Positioned within a prominent and highly visible trading position on Sheep Street, therefore producing high levels of footfall. This thriving historic town is the birthplace of William Shakespeare, steeped in culture and history. Set in the beautiful rural Warwickshire countryside, on the banks of the river Avon, it is one of the most important tourist destinations in the UK, receiving over 4.9 million visitors per annum.

Business Description
Veritas Business Sales are privileged to offer to the market this thriving Vintage Tea Rooms & Cocktail Bar which is located in Stratford Upon Avon. The business has been trading for 12 years and has been in the careful hands of our client for the past 8 years. He is now reluctantly offering the business for sale so that he can enjoy a well deserved retirement.
Since ownership they have continually invested in equipment along fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to spent for some time. The Fourteas is owner operated with the help of 15 part time members of staff and has an annual turnover of circa £600,000 net of vat. They serve a fine selection of loose-leaf afternoon teas, specialist coffees, scones, desserts, cakes, freshly cut sandwiches, cooked breakfasts, lunches with hot dishes cooked to order, brasserie style, cold drinks and alcoholic beverages. They retail a range of tea, coffee, hampers, gifts and memorabilia. At weekends they operate as a cocktail bar and have the benefit of a 01.00 late licence. Step back in time to an era of good quality home cooked food, locally sourced ingredients and probably, the most nostalgic service in the County.
We believe that there is further potential to increase revenue should you wish, by extending the opening times of the cocktail bar. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established business that still has further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Saturday – 09:30 – 17:00
Sunday – 10:30 – 16:00
Cocktail Bar
Friday & Saturday – 17:30 – 01:00

Leasehold
Original term: 10 years
Remaining: 9 years
Rent: £50,000 pa
Rates: £14,000 pa

Ground Floor
Tea rooms comprising: reception desks, tables & chairs to cover (36), 3 x retail wooden sales & display units, crockery cabinet, bar servery with 10 bar stools, bar internal area comprises, 4 x undercounter wine fridge, 3 door undercounter drinks fridge (Blizzard), stainless steel spirit sink, glass washer (Polar), stainless steel sink drainer. 3 door under counter drinks fridge (Polar), hot water urn (Buffalo). music system, espresso twin head coffee machine (Adexa), coffee grinder, worktop and 5 x wall mounted shelves.
Churchill room with tables & chairs to cover (28) and 3 baby high chairs.
Gents toilet with W/C, wash basin, wall mounted hand dryer, and mirror.
Ladies with W/C, wash basin, wall mounted hand dryer, and mirror.
Kitchen comprising: stainless steel sink drainer with directional hose, stainless steel shelf, 2 x stainless steel tables, dishwasher, metal draining rack, stainless steel table, undercounter fridge. undercounter freezer, undercounter fridge, pie warmer (Buffalo), stainless steel shelf, upright fridge, metal racking/storage unit, rear exit door, stainless steel sink drainer, stainless steel wash basin, stainless steel hot cupboard and heated pass (Nordstar), 4-pot wet bain-marie (Buffalo), 2 ring induction hob (Lincat), 4 ring induction hob (Lincat), griddle (Lincat), deep fat fryer (Lincat), dual deep fat fryer (Lincat), salamander grill (Buffalo), microwave, (Panasonic), convector oven (MyChef) with stand, extraction canopy, 6 slice toaster, stainless steel table, upright fridge (Polar), upright freezer, saladette with 2 door undercounter fridge (Polar), stainless steel worktop with 2 door undercounter fridge (Gastro-line) and stainless steel shelf.
Preparation room with stainless steel table, marble worktop with 3door undercounter fridge (Polar), dough mixer, stainless steel table, convector oven (Adexa) and metal storage unit.
Dry stores with undercounter fridge, (Polar), metal storage unit, 2 door fridge (Extra), cooling racks and blast chiller (Normann).
Cleaning cupboard.
Ladies/disabled toilet with W/C, wash basin, mirror, wall towel holder and baby change.
Gents toilet with W/C, wash basin, wall mounted paper towel dispenser and a mirror.
The business will come with memorabilia and all the usual crockery, tea pots and cutlery needed to operate

First floor
Spitfire room (VIP Lounge) with seating for (20), worktop, wall & base units.
Staff room.
Staff toilet with W/C, wash basin, and wall mounted mirror.
Office.

External
Patio area with picnic tables to seat (32). Large Rear Garden suitable for holding parties and other open air-events.

EPC Rating D