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Themed Tea Room In Holmfirth For Sale

Holmfirth, West Yorkshire
Asking Price:
£59,950 Furniture / Fixtures included
Sales Revenue:
£95,000
Cash Flow:
Available on request

Famous Cafe Now 37 Years Old
Projected Figures 31/08/2019
Annual Turnover £95,000
Busy Tourist Cafe
'Last of the Summer Wine' Filming Location
Customer Seating For 34
Trading 6 Days A Week
New 5 Or 7 Year Lease Offered
Strong Facebook Following & 5* Rating
EPC - C

REF 6503 – Leasehold Themed Tea Room

Blacks Brokers are pleased to bring to the market this leasehold themed tea room located in the much sought-after, famous area of Holmfirth, West Yorkshire.

INTRODUCTION

Wrinkled Stocking Tea Room has been trading on Huddersfield Road for almost 40 years with our client in ownership since 2015. The tea room is positioned in the famous town of Holmfirth, home of “Last of The Summer Wine”. It is situated next door to “Nora Batty’s” house and above the Summer Wine Museum. The property was used for the external scenes and the upstairs window was used as “Compo’s” bedroom. This attracts visitors all year round. Our client offers a range of traditional tea room choices including cakes and tarts as well as teas, coffees and other beverages. Excellent reviews are noted on Trip Advisor, Facebook and Google and the business has a good social media presence. Since taking ownership in 2015, our client has also modernised the café and introduced the now famous afternoon teas along with event catering and private hire for events such as hen parties, baby showers, birthdays and so on. Weekends are extremely busy in this area with festivals held throughout the year in and around Holmfirth.

LOCATION

Huddersfield Road is a busy main road in the town of Holmfirth. This area is well linked by the M62 and A629 with good public transport links and plenty of parking. As detailed above, Holmfirth is famous as the home of “Last of The Summer Wine” and the area plays host to a number of festivals held throughout the year. There are numerous hotels, B&Bs, pubs, country walks and stunning scenery.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to the demands of our client's other business interests is offered for sale. The business presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

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 due to expire in 2019, a new five or ten year lease will be offered to a new owner at a cost of £148.75 per week.

BUILDING LAYOUT AND DESIGN

Wrinkled Stocking Tea Room occupies two floors of a traditional, mid terraced property within a row of residential and commercial properties. The business is well branded with traditional signage and frontage welcoming customers in. Inside, the servery area is presented well with display counter and drinks fridge. There are two dining areas offering seating for 34 which are fitted with wooden flooring throughout, freestanding tables and chairs and modern yet traditional décor with original beams still in place.

FINANCIAL DETAILS

Wrinkled Stocking Tea Room has traded solidly during the last forty years. We are advised that the business currently has annual turnover of £87,000. Full financial details are available upon viewing.

BUSINESS RATES

The business benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business is long established with an impressive trading history and is positioned within a famous area of Holmfirth having been used as part of the scenery for “Last of The Summer Wine”. There is plenty of scope to develop the business further with a strong marketing drive and more private hire for events, parties and other gatherings. 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.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

Mon - 10am–4pm
Tue - 10am–4pm
Wed - Closed
Thur - 10am–4pm
Fri 10am–4pm
Sat - 10am–5pm
Sun 10am–5pm

Contact Information

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