Three Crowns Tea Shop
Bluebell Lane, PENRITH, Cumbria, CA11 7LH
To Let 295 Sq Ft Rent: £9,300 Per Annum
- TEA ROOM BUSINESS FOR SALE, TRADING SINCE 1992
- NEW 10 YEAR LEASE WITH A 5-YEAR OPTION BREAK
- POSITIVE TRADING ACCOUNTS
- WELL FITTED OUT GROUND FLOOR UNIT - FULLY FUNCTIONAL TEAROOM CAFE PREMISES
- NO VAT PAYABLE ON THE RENT OR PURCHASE PRICE OF THE BUSINESS
- 100% BUSINESS RATES RELIEF ATTAINABLE
THREE-FIVE MINUTE WALK FROM PENRITH TOWN CENTRE
The property is an end-of-terraced building of sandstone construction which sits under a pitched slate roof. The Three Crowns Tea Shop occupies the ground floor, which is self-contained. Internally, the property comprises a rectangular shaped open-plan seating /counter area, with a WC to the rear, and a kitchen located behind the counter.
The unit is fully functional as a tearoom and café premises and is well fitted out throughout.
Penrith is a popular market town, conveniently positioned towards the centre of Cumbria, lying to the east of the M6 motorway at junction 40. This junction allows access to the Lake District National Park by heading west along the A66. The popular Centre Parcs and the Eden Valley area are along the A66 east towards Appleby and Brough.
Three Crowns Tea Shop is located on Bluebell Lane, a mixture of commercial and residential; nearby occupiers include Dodd & Co, Totty's Shop, Booths and The Nail Bar & Beauty Lounge. The main retail streets such as Little Dockray and Middlegate are only a 3-5 minute walk away.
| Description | Sq Ft | Sq M |
|---|---|---|
| Ground Floor Restaurant | 243 | 22.57 |
| Kitchen | 52 | 4.83 |
| WC | ||
| Total | 295.00 | 27.40 |
The property is connected to mains water, drainage, and electricity.
Sale Price for the Three Crowns Tea Shop Business
Offers in the region of £25,000 are invited for the business, trade name, fixtures and fittings, stock and goodwill associated.
Lease Terms
The property is available TO LET on a new lease directly with the landlord for a term of 10 years, with a 5-year break, at a passing rent of £9,300 per annum exclusive. The building insurance premium is £600 per annum. The new lease will be put in place as part of the sale of the business.