Popular Coffee Shop & Tea Room Near Newton Abbot

Newton Abbot, Devon
REF: INT3087

Asking Price:
£18,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
Reduced
REF: INT3087
Photo of Popular Coffee Shop & Tea Room Near Newton Abbot
Photo of Popular Coffee Shop & Tea Room Near Newton Abbot
Photo of Popular Coffee Shop & Tea Room Near Newton Abbot
Photo of Popular Coffee Shop & Tea Room Near Newton Abbot

Overview

Tenure:
Leasehold
Established:
2020
  • Excellent Reputation
  • Huge Growth Potential
  • Low Overheads
  • Recently Refurbished
  • Equipment Included

Fully equipped and furnished, turnkey tea room and coffee shop benefitting from low rent and NO business rates located in a village near Newton Abbot, Devon. While this business has recently ceased trading, it was highly regarded for its array of delicious treats and beverages.

The tea room featured a diverse menu, including light snacks, homemade cakes, traditional Devon cream teas, pasties, biscuits, ice creams, and a selection of quality teas and barista-made coffees.

Its primary clientele consisted of locals and loyal regulars, but the business also attracted significant attention from tourists due to its prime location along the Two Moors Way; a popular destination for hiking groups and cyclists.

This contemporary and inviting tea room once served as a focal point for the community, offering visitors the chance to enjoy indulgent cream teas, sumptuous cakes, and savoury pasties in a welcoming atmosphere.

With minimal competition along the Two Moors Way, this sale presents a unique opportunity for a new proprietor to relaunch and operate a catering enterprise in the Dartmoor region.

The business previously operated from a contemporary and inviting tea room nestled in the affluent village of Holne, Devon, conveniently located along the Two Moors Way. While the tea room is not currently in operation, a new owner would have the opportunity to reopen it from the same established location.

The tea room is situated at the back of a community shop within the village, with a lease in place until July 2025. A three-year rolling lease arrangement ensures the same favourable terms and exempts the business from paying any business rates. Inside, the tea room provides seating for 18 guests, along with essential amenities such as a counter, coffee machine, display cabinets, and a chiller. A square-shaped kitchen is located at the rear of the counter.

The location also features a charming and spacious garden, shared with the community shop at the heart of the village. Shared facilities include toilet amenities and individual alarm systems for added security.

With the tea room currently not in operation, this offers a unique opportunity for a new owner to relaunch and reimagine its offerings, unlocking its potential to attract a diverse and loyal customer base.

Extending the original opening hours to seven days a week could significantly boost revenue, with options to open earlier to serve breakfast and reintroduce lunch offerings, catering to both locals and visitors.

There is also exciting potential to diversify the tea room’s services by introducing evening meals and hosting special events, such as birthday parties and celebrations, creating a vibrant hub for the community.

Opportunities to drive growth include exploring outside catering services and establishing partnerships with the village pub to create mutually beneficial collaborations.

Creating a professional website and active social media presence on platforms like Facebook and Instagram offers an excellent way to expand reach and attract new customers.

Features

Key Information

  • Number of Covers: 18
  • Hygiene Rating: 5

Reputation

  • Google: 5
  • TripAdvisor: Excellent

Location

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  • Rural Location
  • On-Site Car Parking
  • Limited Competition

Property

Annual Rent
£5,200
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Year)
2025
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

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