Property photos
£44,950
Restaurant for sale
Market Place, Warwick CV34Local area information
Property location
Nearby amenities
- Westgate Primary School 0.1 miles
- King's High School 0.2 miles
- Warwick 0.5 miles
- Warwick Parkway 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Warwick to find out more about the local area.
Features and description
- Leasehold Tearooms & Food Emporium
- A Unique Business Opportunity In Warwick
- Oldest Tearooms In Warwick
- Housed In A 16th Century Building
- Lifestyle Business
Leasehold Tearooms & Food Emporium Located In The Market Place, Warwick Town Centre
A Unique Business Opportunity In Warwick
Ref 3116
Asking Price £44,950 plus sav (£500)
Location
This respected Tearoom is located in the historic market town of Warwick which is one of Warwickshire's popular tourist hotspots. It's positioned within an alley off the Market Square and is in close proximity to Warwick Castle.
Business Description
Veritas Business sales are privileged to offer to the market this delightful Tearooms. Nestled in the heart of Warwick, Wylie's Tearooms offers a rare opportunity to own a business full of history and charm. Housed in a 16th century building that once served as a local ironmonger's shop, the tearoom retains original features like a Victorian fireplace and quarry-tiled kitchen. The unique setting offers a timeless atmosphere that guests are drawn to. The Tearoom has been trading for over 35 years and has been in the careful hands of our client for the past 2 years. Reluctantly they now offering the business for sale due to unforeseen personal reasons.
Since ownership the premises have been redesigned and improved and all the memorabilia, equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Wylie's Tearoom is owner operated with the help of 4 casual members of staff an average weekly turnover of circa £1,500.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times, applying for an alcohol license and by joining the online delivery portals such as Just Eat. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a readymade lifestyle business with growth potential which is a great base to build upon and as such early viewing is highly recommended.
Key Features
• Charming, Historic Setting: A beautiful blend of Victorian elegance and modern comfort, perfect for enjoying homemade meals and afternoon tea.
• Homemade Food: A menu of freshly prepared breakfasts, lunches, and afternoon teas, all made with locally sourced ingredients.
• Bespoke Catering: Perfect for special occasions, with tailored offerings including afternoon teas, roast lunches, and picnic boxes.
• Delightful Food Shop: Homemade cakes, scones, and biscuits available for takeaway or as gifts.
• Prime Location: Situated in Warwick's Market Square, benefiting from high foot traffic and proximity to local attractions.
Why Invest?
Wylie's Tearooms presents an exciting opportunity for someone looking to take on a business with tremendous potential. With its loyal customer base, established reputation, and unique location, the tearoom offers significant room for growth and development. It's a wonderful chance to build on an already loved establishment and explore new possibilities.
Opening Hours
Monday - Friday - 09:00 - 16:00
Saturday - 09:00 - 17:00
Sunday - closed
Leasehold
Term: 10 years
Remaining: 8 years
Rent: £17,352 pa
Reviewed: 5 yearly
Business Rates: Zero
Ground Floor
Front tearoom with tables & chairs to cover (16), fireplace, electric fire, 3 wooden shelves with various cake display cabinets and various wall mounted pictures.
Middle tearoom with tables & chairs to cover (16), grandfather clock, old fashioned range, display cabinet and various wall mounted pictures.
Dry stores with upright freezer (Ice King), undercounter fridge (Polar) and 4 x wall mounted storage shelves.
Kitchen comprising: Dishwasher (Samic), worktop, 4 x stainless steel tables, dual stainless steel sink drainer, stainless steel wash basin, 2 x wall mounted metal shelves, water heater (Heatrae Sadia), 4 ring gas hob/oven (Hotpoint), metal storage cupboard, upright fridge (Sterling pro), food mixer (Kitchen aid), grill (Buffalo), 4 slice toaster (Aigostar), 2 x microwaves, 2 x soup kettles, 2 pot wet bain-marie, wall mounted soap dispenser and wall mounted paper towel dispenser.
Retail shop comprising: Sales counter, cash register, coffee grinder, espresso coffee machine (La Spaziale), hot water urn, (Oypla), stainless steel wash basin, water heater (Triton), 3 x Welsh dressers, 3 x display units, small 3 deck drinks fridge, table, wall mounted unit and electric fire.
The business comes with a range of cups, sauces, crockery, glasses, cutlery, pictures and memorabilia. A full list will be provided.
External
Rear bin area. Frontage has access to a W/C with wash basin which is shared with the sandwich bar opposite.
A Unique Business Opportunity In Warwick
Ref 3116
Asking Price £44,950 plus sav (£500)
Location
This respected Tearoom is located in the historic market town of Warwick which is one of Warwickshire's popular tourist hotspots. It's positioned within an alley off the Market Square and is in close proximity to Warwick Castle.
Business Description
Veritas Business sales are privileged to offer to the market this delightful Tearooms. Nestled in the heart of Warwick, Wylie's Tearooms offers a rare opportunity to own a business full of history and charm. Housed in a 16th century building that once served as a local ironmonger's shop, the tearoom retains original features like a Victorian fireplace and quarry-tiled kitchen. The unique setting offers a timeless atmosphere that guests are drawn to. The Tearoom has been trading for over 35 years and has been in the careful hands of our client for the past 2 years. Reluctantly they now offering the business for sale due to unforeseen personal reasons.
Since ownership the premises have been redesigned and improved and all the memorabilia, equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Wylie's Tearoom is owner operated with the help of 4 casual members of staff an average weekly turnover of circa £1,500.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times, applying for an alcohol license and by joining the online delivery portals such as Just Eat. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a readymade lifestyle business with growth potential which is a great base to build upon and as such early viewing is highly recommended.
Key Features
• Charming, Historic Setting: A beautiful blend of Victorian elegance and modern comfort, perfect for enjoying homemade meals and afternoon tea.
• Homemade Food: A menu of freshly prepared breakfasts, lunches, and afternoon teas, all made with locally sourced ingredients.
• Bespoke Catering: Perfect for special occasions, with tailored offerings including afternoon teas, roast lunches, and picnic boxes.
• Delightful Food Shop: Homemade cakes, scones, and biscuits available for takeaway or as gifts.
• Prime Location: Situated in Warwick's Market Square, benefiting from high foot traffic and proximity to local attractions.
Why Invest?
Wylie's Tearooms presents an exciting opportunity for someone looking to take on a business with tremendous potential. With its loyal customer base, established reputation, and unique location, the tearoom offers significant room for growth and development. It's a wonderful chance to build on an already loved establishment and explore new possibilities.
Opening Hours
Monday - Friday - 09:00 - 16:00
Saturday - 09:00 - 17:00
Sunday - closed
Leasehold
Term: 10 years
Remaining: 8 years
Rent: £17,352 pa
Reviewed: 5 yearly
Business Rates: Zero
Ground Floor
Front tearoom with tables & chairs to cover (16), fireplace, electric fire, 3 wooden shelves with various cake display cabinets and various wall mounted pictures.
Middle tearoom with tables & chairs to cover (16), grandfather clock, old fashioned range, display cabinet and various wall mounted pictures.
Dry stores with upright freezer (Ice King), undercounter fridge (Polar) and 4 x wall mounted storage shelves.
Kitchen comprising: Dishwasher (Samic), worktop, 4 x stainless steel tables, dual stainless steel sink drainer, stainless steel wash basin, 2 x wall mounted metal shelves, water heater (Heatrae Sadia), 4 ring gas hob/oven (Hotpoint), metal storage cupboard, upright fridge (Sterling pro), food mixer (Kitchen aid), grill (Buffalo), 4 slice toaster (Aigostar), 2 x microwaves, 2 x soup kettles, 2 pot wet bain-marie, wall mounted soap dispenser and wall mounted paper towel dispenser.
Retail shop comprising: Sales counter, cash register, coffee grinder, espresso coffee machine (La Spaziale), hot water urn, (Oypla), stainless steel wash basin, water heater (Triton), 3 x Welsh dressers, 3 x display units, small 3 deck drinks fridge, table, wall mounted unit and electric fire.
The business comes with a range of cups, sauces, crockery, glasses, cutlery, pictures and memorabilia. A full list will be provided.
External
Rear bin area. Frontage has access to a W/C with wash basin which is shared with the sandwich bar opposite.
More information
Listed by
Veritas Business Sales Ltd
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Property descriptions and related information displayed on this page are marketing materials provided by - Veritas Business Sales Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information.