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Restaurant/cafe for sale

£40,000

Nantwich CW5, UK

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Property description

Ref 5517 – Leasehold Tea Room
Blacks Brokers are proud to bring to the market this leasehold tea room located in the much sought after area of Nantwich, Cheshire.


Introduction


Mollys Tea Shoppe has been trading from Pillory Street since 2012 and during that time it has firmly established itself within the local community and within this business sector. It has gained a large and loyal customer base and a most enviable reputation.


Location


Nantwich is a large and popular town within Cheshire. This affluent area is well utilised by shoppers and visitors, in addition to the strong residential community. Mollys Tea Shoppe is well positioned within Pillory Street with other business surrounding and much passing trade. The shop is well placed for easy access and is well linked with local travel links and public transport.


Reason for sale


The business is only being offered for sale due to our clients family commitments, creating a superb opportunity for a new owner to really enjoy this excellent business.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 5 years with rent reviews every 5 years. The current lease began in 2014 at a cost of £5,000 per annum.


Building layout and design


The business is housed within the ground floor of a large, mid terrace retail unit with traditional, glazed shop frontage with menu boards on display. There is a large car park nearby along with other complementary businesses. Inside, the dining area has a traditional feel with wooden tables and chairs and a cosy, homely feel. The servery area is placed in a corner of the space with display products behind. To the rear of the unit is a large kitchen with preparation area, toilet and baby change unit. All areas are well presented and well equipped with good quality fixtures and fittings.


Staff


The business is managed by our client on an owner/operator basis with some family employed casually. No other staff are in place.


Financial details


Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates weekly takings of £1,200 with strong gross profits of 74%. Most customers are from the local area as one would expect, with additional trade from passers-by and visitors to the area.


Summary


This leasehold business has a solid trading history in place with superb reputation and is an exciting opportunity for a new owner. The business has much scope for expansion into longer opening hours and Sunday opening which is in high demand in this area. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Business: £40,000.

Please quote ref: 5517

What Zoopla users think of Nantwich

Overall rating:

  • currently 4 stars
Very good - 82% (25 ratings)

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Nearby transport

  • Nantwich (0.2 miles)
  • Crewe (4.0 miles)
  • Wrenbury (4.5 miles)
  • Manchester International Airport (22.4 miles)
  • Liverpool John Lennon Airport (23.0 miles)
  • East Midlands Airport (52.3 miles)
  • Woodside Birkenhead Ferry Terminal (30.5 miles)
  • Liverpool Pier Head Ferry Terminal (30.6 miles)
  • Liverpool Isle of Man & Dublin Terminal (30.8 miles)

Nearby schools

View all schools in Cheshire East
  • Nantwich Primary Academy (0.3 miles)
  • St Anne's Catholic Primary School (0.4 miles)
  • Millfields Primary School and Nursery (0.5 miles)
  • Reaseheath College (1.3 miles)
  • South Cheshire College (3.2 miles)
  • Crewe Engineering and Design UTC (4.1 miles)
  • Malbank School and Sixth Form College (0.6 miles)
  • Brine Leas School (0.7 miles)
  • Shavington Academy (2.6 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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