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Restaurant/cafe for sale

£44,999

26A Market Place, Bedale DL8

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Property description

Business
Hilton Smythe is delighted to introduce to the market The Four Teas. This charming cafe sits within a lovely Grade II listed building in the bustling town centre.

Immaculately presented with ample room providing table and chairs for 34 covers. This popular cafe offers a varied menu of hot and cold dishes to eat in or take away, with produce locally sourced where possible and prepared daily, offering home-cooked traditional fayre and a range of tempting cakes and desserts. The cafe provides a special gluten and dairy free menu and a good range beverages.

The business is very well known in the area and is highly supported by local residents as well as benefiting from passing trade due to its prime trading location. The business reports a healthy turnover in the region of £80,000 with a generous gross profit of 65%.

The Four Teas sees excellent reviews on TripAdvisor with comments including “best cafe in Bedale” and “10/10”, would go again. The business also has a presence on social media with regular features and updates and around 360 likes on Facebook.

Our client has owned the business since 2014, with the business now coming to the market due to our client’s other interests. We would highly recommend early viewing of this “turn key” business in this much sought after location.

Location
The business is located in the historical market town of Bedale, North Yorkshire.

The Four Teas Cafe sits at the heart of the town centre. Located within the vibrant market place and surrounded by a plethora of independent retail shops, great food shops, pubs, eateries and town centre amenities. The weekly market takes place every Tuesday on the cobbled street directly to the front of the cafe, bringing additional weekly trade to the business.

Bedale sits on the edge of the stunning Yorkshire Dales and the area benefits from much tourist trade as well as being a desirable location to live. The area is accessible from the Al(M).
Premises
Well-presented shop front is at the heart of the town main street

The open plan cafe has seating for up to 34 covers, 24 in the front section and a further 10 to the rear. The front and rear sections are split by a small till area and staircase access to the first-floor landing.

Two customer toilets are at the rear.

Kitchen

To the rear of the cafe is the kitchen, fully equipped with 4 fridges, a freezer, commercial oven, dishwasher, toaster, filter coffee machine and 3 microwaves. The coffee machine is leased.

First Floor

The staircase leads up to a first floor landing, currently used as storage and houses a chest freezer.
Tenure
We are advised leasehold.

The original lease length is 20 years

As of 2016,17 years remain on the lease.

Rent is £8.916 per year.
Hours
The business opens: -

Monday to Saturday 9.00am – 4.30/5.00pm

Sunday closed.
Staff
The business is owner run and managed with the assistance of 8 part time members of staff.

The wages bill is £2500 per month in the summer months and £2000 in the winter.
Financial profile
The business reports a healthy turnover in the region of £80,000 with a generous gross profit of 65%.

What Zoopla users think of Bedale

Overall rating:

  • currently 4 stars
Very good - 76%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 3
  • 4
  • 5

Nearby transport

  • Northallerton (6.8 miles)
  • Thirsk (9.8 miles)
  • Darlington (16.1 miles)
  • Durham Tees Valley Airport (16.6 miles)
  • Leeds Bradford International Airport (29.4 miles)
  • Newcastle Airport (52.0 miles)
  • Transporter Bridge South Side (25.1 miles)
  • Transporter Bridge North Side (25.2 miles)
  • Newcastle International Ferry Terminal (49.0 miles)

Nearby schools

View all schools in Hambleton
  • Bedale Church of England Primary School (0.2 miles)
  • Aiskew, Leeming Bar Church of England Primary School (1.7 miles)
  • Crakehall Church of England Primary School (1.8 miles)
  • Queen Elizabeth Sixth Form College (16.4 miles)
  • Darlington College (16.8 miles)
  • Henshaw's College (19.9 miles)
  • Bedale High School (0.3 miles)
  • Mowbray School (0.4 miles)
  • Aysgarth School (3.6 miles)
Note: Distances are straight line measurements

Local info for Hambleton

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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