Property description

A profitable, newly-established traditional tearoom, beside the picturesque harbour in Lynmouth, the jewel in the crown of the Exmoor National Park. Newly fitted-out for 24 covers, the business is established within a 14th century thatched stone cottage with lovely views across the harbour to the sea.


Currently run by a single proprietor, with one member of staff, the business would be ideal for a couple or family. No experience is needed, as full training/hand-over can be provided.Established this year by a successful local trader, the business is already proving very popular and returning impressive sales figures. Favourable lease terms. Hand-over period, if needed. All stock, equipment, furniture, fixtures & fittings included.

Location
Seabreeze Cottage Tearoom is located in the prime trading position of the village, directly opposite Lynmouth Harbour. Lynmouth itself is one of the most popular visitor attractions in the Exmoor National Park. The area, with its cafes, shops and two pubs, is popular with both visitors and locals and attracts passing trade all year round.

The Shop - 19' 5'' x 11' 10'' (5.92m x 3.61m)
Seabreeze Cottage Tearoom consists of the entire ground floor of the original 14th century cottage, complete with cottage windows, beamed ceiling and cast-iron wood-burner in a beautiful stone fireplace with bressomer beam above. There is a small counter with till and card-reader and tables and chairs for 24 covers. Shelving at one end provides space for the sale of gifts and other locally-sourced items.Service is by waiter/waitress to the tables from the adjacent kitchen.

The Kitchen - 20' 0'' x 4' 4'' (6.1m x 1.31m)
Lino floor. Single drainer stainless-steel sink with matching taps. Equipment includes: kettles, fridges, freezer, toaster, coffee machine, panini press, grill, double fryer, microwaves. (Full inventory can be provided.) Two windows to the rear, one with built-in extractor unit. Part-glazed door to the rear.

The Store Room - 20' 0'' x 12' 10'' (6.1m x 3.9m)
At the rear of the premises is a large block-built store room with power and light connected and ample space for stock, including two freezers two dishwashers, a fridge-freezer and shelving for dry goods. There is plumbing for a sink and a separate WC.

Outside
Between the kitchen and the store room is a private courtyard for the use of owners and staff, a further built-in cupboard, space for bins and access via a paved path to the road outside.

Card Reader
The card-reader is supplied by the current owner's bank. A new owner would need to organise the same arrangement with their own bank.

Stock
Stock includes the current (at transfer of business) contents of all freezers and fridges, dry goods and shelving and includes some 20 varieties of speciality loose-leaf teas. (Details after viewing.)

The Season
Lynmouth is a popular daytime destination for visitors to Exmoor National Park, with many arriving throughout the day by car or coaches to take advantage of the variety of shops, cafes and restaurants the village has to offer. The main tourist season is from Easter to October, but many businesses continue to trade throughout the year, particularly those close to the popular harbour area.

Financials
The businesses has been trading since March 2016. The owner is happy to share details of costs and income derived since that time, to demonstrate the excellent levels of income and profit.

Inventory & Stock
The business will be transferred as seen, with all equipment, furniture and stock to continue trading as at present. The price will include a transfer of the lease, all equipment at the premises, stock, signage and the goodwill of the business. A full inventory will be provided after viewing the premises.

Hand-Over
The current owner is happy to give any new owners a full briefing, after exchange of contracts, to ensure a smooth transition of the business. This will include an explanation of bookkeeping, stock ordering, introductions to all suppliers and a hand-over period, if required.

The Lease
The current lease has five years remaining (till April 2021).

Property Features :

• 14th Century Seaside Tearooms
• Prime Harbour Side Trading Location
• 24 Covers
• Additional Shop Space
• Ready to Trade