Financial Details
Asking price: £12,000
Sales revenue: £15,600
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
Advent Business Sales is pleased to have been instructed to offer to the market this popular and growing tea and associated products business.

The business, which was founded in December 2009 is only now being offered for sale as the vendor has been offered a senior job opportunity in France which he wishes to take.

Although the business is focused around the sale of different blends of tea, it also supplies coffee, cereals, biscuits, confectionery, pickles and preserves, teapots, gifts and takeaway hot tea and coffee.

Despite only having opened for business recently it is already enjoying a good local reputation with regular repeat and referral trade with a consistently growing week on week turnover.

The business only requires one full time person to manage its present sales of circa £300 per week with a gross profit of 50%.

We are advised that stock at cost is approximately £2,000.
REF: 9439CV
General Information
Trading hours:Mon-Sat: 9.00am – 5.00pm Sun: closed
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 3 years Remaining lease: 2 ¾ years Review every: 3 years Rent: £6,500 We are advised that the annual business rates are currently: TBA
Location:The business is very well located on a large fully pedestrianised parade of other complimentary businesses who all contribute in attracting significant footfall levels to the town.

Other nearby businesses include banks, estate agents, post office, gift shop, chemist, public house, church and a civic amenity centre.

Parking is predominantly pay and display with many nearby car parks, it is however, free of charge after 4.00pm.
Premises Details:Bright and modern mid terraced premises which have been totally refitted with new fixtures and fittings throughout, they briefly comprise:

Ground Floor
• Centre door with full height side windows
• Side displays around the perimeter walls
• Centre product table
• Rear counter and till
• Side stairs to first floor

First Floor
• Sizeable storeroom
• Kitchen
• Single w/c

The premises have the added advantage of having air conditioning which doubles as heaters, of being alarmed and with electric roller shutters to the front.
Expansion potential:The business offers good potential to increase both sales and profits by: 1. Converting the first floor large storeroom into a café/tea room subject to the necessary permissions 2. The first floor may also be available for other alternative uses such as a beauty room or a hairdressers 3. There is space in front of the premises to have 3 or 4 alfresco tables which would prove very popular, especially when the weather is fine
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