£45,000

Restaurant for sale

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Business

£45,000

Restaurant for sale

Fareham, England, United Kingdom PO17

Local area information

Property location

Nearby amenities

  • Wickham Church of England Primary School 0.2 miles
  • St John the Baptist Church of England Primary School 2 miles
  • Fareham 3.2 miles
  • Botley 3.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Business
Please quote reference B08435

Cogogo presents to the market Meon Valley Tearooms. Nestled in the charming village of Wickham in Fareham, the Meon Valley Tearooms offers an exciting opportunity for an aspiring entrepreneur to own and operate a thriving tea room business.

Established in 2021, this cosy and inviting establishment has gained a loyal customer base, attracting locals and tourists alike. Operating as a sole trader, the tearoom is renowned for its delightful menu of freshly prepared teas, light bites, and desserts, all served in a warm and friendly atmosphere. With five experienced staff members, the business has been running seamlessly, boasting consistent annual profits.

Key Details:


  • Business Hours:

    • Monday–Wednesday: 10 am–4/4:30 pm
    • Thursday–Saturday: 10 am–4:30/5 pm
    • Sunday: 11 am–4 pm Owned

  • Since: 2021 Stock Value: Not included in price; inventory to be valued separately.
  • Current Financials: Annual net profit of £15,000, with opportunities to expand and grow profits further.


Growth Opportunities:

  • Extended Hours: Expanding the business hours, especially in the evenings, could attract a wider customer base for afternoon teas, dinner options, or private bookings.
  • Enhanced Marketing: Focused social media campaigns, partnerships with local businesses, and collaborations with nearby tourist attractions could significantly increase footfall.
  • New Offerings: Introducing themed tea experiences, takeaway options, catering services, or selling branded products (e.g., teas, jams, and scones) could generate additional income streams.
  • Events: Hosting events such as tea tastings, book clubs, or workshops would add value and encourage repeat visits.
  • Seasonal Menus: Tailoring offerings for holidays and seasonal events can draw in additional traffic.

  • The current owner is ready to move on to other ventures, presenting an incredible opportunity for a motivated buyer to step into a well-established and profitable business.

    Positioned in the picturesque village of Wickham, the tearoom benefits from high visibility and foot traffic, making it a desirable spot for both locals and visitors.

    Meon Valley Tearooms is a fantastic opportunity for someone passionate about hospitality and food service. With a manageable leasehold, supportive community, and plenty of room for growth, this business is poised for continued success.

    For more details or to arrange a viewing, contact us today!

    Location
    Meon Valley Tearooms is located at Bay Tree Walk, Tearooms in, Wickham Square, Wickham, Fareham PO17 5JQ.

    Premises
    Meon Valley Teamrooms occupies a charming double-fronted premises adorned with eye-catching signage that beckons visitors from afar. Inside, the space is thoughtfully arranged, with a welcoming service counter and a cosy seating area, creating the perfect spot to enjoy a delightful treat.

    Tenure
    This opportunity is being sold on a Leasehold basis with a 5-year lease and a 6-month break clause in place.

    The current rent is £1,325 per month.

    Hours
    The current operating hours are:

    Monday & Tuesday - 10:00 am to 4:00 pm

    Wednesday to Friday - 10:00 am to 4:30 pm

    Saturday - 10:00 am to 5:00 pm

    Sunday - 11:00 am to 4:00 pm

    Staff
    This business is run and managed by our client with the help of 5 staff members.

    Financial Profile
    This business generated a turnover of £70,000. Full financials can be made available upon request.

    More information

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    1. Zoopla
    2. Commercial for sale
    3. Hampshire
    4. Fareham
    5. Wickham
    6. The Square

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