Charming and Successful Tea Room Based in North Hykeham

Lincoln, Lincolnshire
REF: INT3166

Asking Price:
£65,000
Annual Turnover:
£135,719
Annual Net Profit:
£30,389
REF: INT3166
Photo of Charming and Successful Tea Room Based in North Hykeham
Photo of Charming and Successful Tea Room Based in North Hykeham
Photo of Charming and Successful Tea Room Based in North Hykeham
Photo of Charming and Successful Tea Room Based in North Hykeham

Overview

Tenure:
Leasehold
Established:
2017
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Well Equipped Business

An exciting opportunity to acquire a thriving and well-established tea room in the busy town of North Hykeham, near Lincoln. Transformed by the current owner in 2017, this profitable business has become a beloved community hub, attracting a loyal customer base of locals, walkers, and cyclists.

Offering a range of homemade cakes, lunches, coffee, and afternoon teas, the tea room also caters to private events like baby showers, business meetings, and wakes. With over 11,000 Facebook followers and 2,300 Instagram followers, it enjoys a strong online presence that draws both regulars and new visitors.

Renowned for its friendly service and high-quality food, the tea room has received multiple accolades, including “Tea & Coffee Shop of the Year” from Lincolnshire Life (2018) and “Afternoon Tea Venue of the Year for Lincolnshire” from Lux Life Magazine (2019).

The current owner is seeking to sell due to other commitments and a desire to move into another sector. This is an exceptional chance to acquire a well-loved and profitable business in a prime location.

Situated in a central, high-footfall location, next to essential local services like the Co-op, pharmacy, and Post Office, the tea room benefits from consistent passing trade.

The premises include a spacious conservatory-style interior with seating for 34, and an attractive garden area, which adds an additional 42 seats, including two cosy log cabins that can seat 15 and 12 respectively. This setup allows for a charming, relaxed atmosphere, ideal for a wide variety of clientele.

Despite its success, the current owner has scaled back the opening hours to accommodate personal circumstances, leaving significant room for expansion under new ownership.

All the necessary equipment is included in the sale, providing a turnkey opportunity for a new owner to step in and continue the tea room's success.

The business is currently open 5 days a week, and there is considerable scope to increase revenue by opening on weekends to capture more passing trade.

Additionally, the introduction of delivery services within the local area could further increase customer reach.

Expanding marketing efforts beyond social media and offering more catering services for private events would also provide growth opportunities for a new owner.

Features

Key Information

  • Number of Covers: 76
  • External Catering: Yes
  • Hygiene Rating: 5

Reputation

  • Google: 4.5
  • TripAdvisor: Excellent

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.gardentearoom.co.uk

Location

Loading...
  • High Street Location
  • High Footfall
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£8,400
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2026
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup