Summary - Wylie's Tearooms Wylie's Tearooms Leasehold Tearooms, Market Place, Warwick, Warwickshire, CV34 4SD CV34 4SD
1 bed 1 bath Cafe
### Key Features:
- Unique leasehold tearooms in a historic 16th-century building
- High potential for growth with established clientele
- Located near Warwick Castle and Market Square, driving foot traffic
- Currently owner-operated with casual staff, steady income of ~£1,500 weekly
- Approx. 8 years left on the lease; potential mortgage challenges due to leasehold nature
### Summary:
Step into a piece of history with Wylie's Tearooms, the oldest tearooms in Warwick, nestled in a charming 16th-century building. This leasehold business offers a rare opportunity for entrepreneurs seeking an established lifestyle venture in a bustling tourist area. With a warm atmosphere highlighted by original Victorian features like a fireplace and quarry-tiled kitchen, this cozy tearoom invites patrons to indulge in homemade meals and delightful afternoon teas.
The tearoom has been thriving for over 35 years, generating a healthy weekly turnover of around £1,500. There's considerable room for growth by extending hours, obtaining an alcohol license, or tapping into online delivery platforms. The prime location near Warwick Castle ensures a steady flow of visitors, making this a strategic investment.
However, potential buyers should note that there are only 8 years remaining on the lease, which may pose challenges in securing a mortgage, given its leasehold status. This property also requires some maintenance, which savvy investors might consider for renovation potential. Don't miss out on this unique chance to own a charming business steeped in history—early viewing is strongly advised!
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