Buy Tea Rooms Coffee Shops for Sale, Cafes for Sale, Gift Shops for Sale, Card Shops for Sale in Wolverhampton West Midlands; Cafe/Tea Rooms & Gift Shop For Sale

111 Advert ID 15120 Sellers Ref : C1103bso
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Cafe/Tea Rooms & Gift Shop For Sale

Business Summary:

* Location : West Midlands
* Town : Wolverhampton
* Turnover : £ 3,134 p.w.

* Leasehold Price : £ 89,950

Agent : The Business Partnership


Description :	The Business Partnership is pleased to offer for sale this unusual mix of tea shop, gift shop and card shop, all under the same roof. The business has been established over 15 years and benefits from a prime location within the local shopping precinct. It has an excellent reputation of stocking a wide range of cards and gifts, both of which attract custom. The tea rooms operate to a high standard and are listed in the National Tea Shop guide. There are 28 covers and they offer a full lunch menu with cakes and beverages also. Competition comes only from the local pubs who offer a different and more costly menu. The double fronted premises house the tea rooms, kitchen and 2 sales areas on the ground floor. Upstairs there is a further sales area with stockrooms, office and staff toilet. The lease expires 2010 with a right to renew. Rent is £4,350 per quarter with rates £5,152 p.a. The business employs a total of 10 staff, most of whom work part time. No more than 4 staff are needed at any one time. Turnover £163k Gross Profit £98k Please ask for full details.

Trading Hours :	Mon-Sat, 9am-5:30pm

Staffing :	8 part time

Tenure :	Leasehold expiring 2010 with a right to renew. Rent is £4,350 per quarter, rates £5,152 per annum.

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