Retail Property - High Street For Sale
Well situated within The Square and on the Axbridge Heritage Trail walk. Axbridge is well located for those visiting the Mendip Hills, Somerset Levels and nearby Cheddar Gorge and Caves. It is also well situated for those walkers and cyclists using The Strawberry Line. Axbridge is a short distance from the M5 and Bristol Airport.
Excellent freehold lifestyle business opportunity, well suited to an individual or couple seeking to run an award winning teashop or may suit alternative restaurant or other uses, subject to necessary consents. Huge scope for increasing turnover.
The property comprises an attached Grade II listed building, arranged as ground floor dining area with kitchen/preparation area, WC. A spiral staircase leads to first floor dining area. Providing a total of 42 covers and a Gross Internal Area of approximately 695sqft.
No external space or parking included with the property but an external area on the Square is rented annually for outside seating, circa 30 covers.
We understand that mains electricity, water and drainage are connected. Electric heaters
Removed from rating list May 2022. 2017 list £3,100. TBC.
The property is not elected for VAT. The business is purposely being ran at below the VAT threshold for small businesses.
We understand that the property has consent for use as a tearoom and take away with craft/gift area. Permitted hours 0900 – 2300 Mon to Sat and 1030 – 1600 Sun and Bank Holidays. Takeaway shall not operate outside 0900 – 1600 Mon to Sun.
Grade II listed. Entry number 1059153. Retains some C15 interior features including fireplaces and tenoned collar and tie beam trusses. Interested parties must satisfy themselves in respect of any licences or permissions.
The freehold sale will include the trading business, all trade fixtures, fittings, intellectual property, and stock. It is an owner run Tea shop/café business offering lunchtime menu, cakes and teatime menu as well as usual hot drinks and food takeaway items. Licensed to sell alcohol. Currently turnover is held just below the VAT threshold by reduced opening hours of Wed to Sat 1000 – 1600hrs and not year round to suit the current owner.
Staffing & TUPE: There will be no staff transferred under TUPE regulations. Typically, the business was staffed with two to three members of staff per day.
The business has a current rating of 5 out of 5 on TripAdvisor and winner of tourism awards.
A full Business Information Pack will be available upon request at discretion of the Vendor following a successful viewing.
Strictly by appointment only through the agents Cooper and Tanner 1908 Ltd.
Telephone 03450 347758