Restaurant/cafe for sale in Grange Road, Middlesbrough TS1

£29,999 (£29,999/sq. ft)
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Restaurant/cafe for sale

1 sq. ft*

Property description

Business for sale: Fantastic opportunity to acquire an award winning business located in Middlesbrough Town Centre, The Tea House is a café and loose tea purveyors.

Tea House was voted the nations independent shop of the year.

It has 4.8 out of 5 on Facebook from 321 reviews, a score of 4.7 on google out of 173 reviews and a trip advisor certificate of excellence.

Benefitting from a 5 star food hygiene rating, the well-presented café benefits from external seating to the front.

The café is in good decorative order through having recently benefiting from a new oak counter, new electric sun blinds to the front with LED lighting, new tilling in the toilets.

The cafe / tea rooms boasts lots of in-house hand-made patisserie and an extensive menu of lunch offerings and traditional afternoon teas. Popular and with a wide demographic customer base, this unique venue attracts trade from near and far with lots of repeat business. Ideally locate din the Town Centre, close to the law courts, offices, Cleveland Centre, Town Hall.

Current opening hours are

Monday – Thursday 11am – 4pm

Friday & Saturday 10am – 4pm

Scope to increase the opening hours into the evening and apply for an alcohol licence as well as opening on Sundays. The property also benefits from a large rear yard, that is currently not used, it would make an ideal additional seating area.

The business currently operates with the two owners and 2 x part time members of staff

Held on a lease with a current rent of £15,000 per annum with 2 years remaining. The landlord is prepared to offer a new lease at new rent of £10,000 per annum subject to them adding a new doorway for access upstairs.

The local council have agreed to supply and fit a new shop front.

For Sale: £29,999

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Parker Barras, TS2 on +44 1642 966828 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Parker Barras, and do not constitute property particulars. Please contact Parker Barras 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.

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