Restaurant/cafe for sale in Cafe & Sandwich Bars AL3, Redbourn, Hertfordshire
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Property features
- Prime Trading Position with Easy Roadside Parking
- Impressive Gross Profit Margins of Circa 75%
- Run in Very Easy Hours Over Six Days
- Adjusted Net Profits Approaching £50,000
Property description
Recently renovated classic tea rooms run from these super premises which ooze character having been built in the 11th century. The premises are held on lease and occupy a prime trading position on a busy high street with easy roadside parking along with private parking at the back of the tearoom for up to seven cars. Much sought after village offering very easy access to the M1 motorway. This very successful business is run in very easy hours over a six day week as a high class tea rooms and achieving a very impressive weekly turnover of £3,600 whilst maintaining equally impressive gross profit margins of circa 75%. The business also offers a well patronised outside catering and ‘Afternoon Teas to Go’ service which have proved to be very lucrative. This is a business which is a pleasure to run and particularly profitable, showing adjusted net profits approaching £50,000 on accounts for the financial year ended 31/10/2019. Viewing here is A must. Premises offer 70 covers and briefly comprise double fronted, air conditioned tea rooms with service counter and attractive customer seating. Commercial kitchen to the rear offering an array of quality catering equipment and extraction system. First floor, ladies and gents WC’s, two private rooms regularly used for private events.
EPC Band E. Stock £10,000.
For more information about this property, please contact
Ernest Wilson, LS27 on +44 113 482 9940 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ernest Wilson, and do not constitute property particulars. Please contact Ernest Wilson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.