£224,995
Retail premises for saleNewark On Trent, England, United Kingdom NG24
Business
About this property
Freehold
Busy High Street Location
Business
Please quote reference B08091
Cogogo is thrilled to present The Old Bakery Tea Rooms, a beloved and well-known licensed café and restaurant.
This exceptional lifestyle opportunity is now available due to our client's focus on other business ventures. Our client has cultivated an idyllic café atmosphere that fully embraces the history and character of the building. The business has been established for over 24 years and has been under our client's ownership since 2023.
The café is renowned for serving fresh, traditional, homemade food prepared on-site. The delicious daytime menu includes:
The venue offers hire options for private parties, meetings, and special events, with a seating capacity of 50 (30 upstairs alone).
For private events, our client provides full catering for functions at The Bakery or external locations for groups up to 100. They can also offer advice on menu selection, table settings, and complementary wine choices.
Our client suggests several ways a new owner could quickly increase current turnover levels:
The business also holds a crafts license, allowing the sale of cards, paintings, pictures, etc., which presents an additional revenue opportunity.
Key features include:
Businesses of this type, location, and historical significance rarely come to market, so we strongly advise early inquiries to avoid disappointment.
Location
The Old Bakery Tea Rooms is housed in a charming and unique Tudor building in the heart of Newark, Nottinghamshire.
The ‘Tudor Bake House’ is a medieval timber-framed structure and the only one of three shops to be restored during the area’s redevelopment in the 1970s.
From the main Market Square, a cobbled alleyway on the northwest side leads to Queens Head Court, where the Tudor Bakehouse awaits.
Dating back to the 15th century, this building is a must-see for visitors to historic Newark.
Newark, officially known as Newark-on-Trent, is a picturesque and bustling market town situated at the confluence of the River Trent and the River Devon, where the Great North Road intersects with the Fosse Way Roman Road.
The town developed around a 12th-century castle, now in ruins, and a large marketplace lined with historic buildings. Today, Newark has become a popular commuter town for Lincoln and Nottingham.
The nearest Pay and Display car park is Town Wharf.
Newark Northgate is just a two-minute walk from the café.
Premises
Front External: At the front of the property, there are three tables, each with four chairs, but this setup can be expanded to accommodate up to 25 covers.
Ground Floor: The ground floor features a 12-cover dining area, a main counter servery, and a fully fitted kitchen.
First Floor: Accessible via a solid wood staircase, the first floor offers a larger space for 35 covers and includes additional customer toilets.
Equipment Included:
Tenure
This opportunity is being sold on a Freehold basis.
Leasehold option at £49,995. New lease to be negotiated, with rent at £18,000 per annum.
The business has no rates payable.
Hours
The current trading hours are:
Monday : Closed
Tuesday - Saturday : 9am to 5pm
Sunday : Closed
Staff
The business is currently run and managed by our client with the help of 1 full-time and 3 part-time staff members.
Financial Profile
The business generated a turnover of £160,000. Full financials can be made available upon further request.
Please quote reference B08091
Cogogo is thrilled to present The Old Bakery Tea Rooms, a beloved and well-known licensed café and restaurant.
This exceptional lifestyle opportunity is now available due to our client's focus on other business ventures. Our client has cultivated an idyllic café atmosphere that fully embraces the history and character of the building. The business has been established for over 24 years and has been under our client's ownership since 2023.
The café is renowned for serving fresh, traditional, homemade food prepared on-site. The delicious daytime menu includes:
- Breakfast
- Lunchtime specials
- Snacks
- Quiches, soups, and salads
- Scones, cakes, and tarts
- Popular afternoon teas
The venue offers hire options for private parties, meetings, and special events, with a seating capacity of 50 (30 upstairs alone).
For private events, our client provides full catering for functions at The Bakery or external locations for groups up to 100. They can also offer advice on menu selection, table settings, and complementary wine choices.
Our client suggests several ways a new owner could quickly increase current turnover levels:
- Introduce an evening menu or specific set menus on certain days
- Expand the alcohol menu
- Offer a local delivery service
- Enhance social media presence and host special themed evenings
The business also holds a crafts license, allowing the sale of cards, paintings, pictures, etc., which presents an additional revenue opportunity.
Key features include:
- Open 7 days a week, all year round
- Alcohol license from 9 am to midnight
- Excellent reviews: 5-star Food & Hygiene Rating, 4.5/5 on TripAdvisor, 4.5/5 on Facebook, excellent Google reviews, and positive local and national press coverage
Businesses of this type, location, and historical significance rarely come to market, so we strongly advise early inquiries to avoid disappointment.
Location
The Old Bakery Tea Rooms is housed in a charming and unique Tudor building in the heart of Newark, Nottinghamshire.
The ‘Tudor Bake House’ is a medieval timber-framed structure and the only one of three shops to be restored during the area’s redevelopment in the 1970s.
From the main Market Square, a cobbled alleyway on the northwest side leads to Queens Head Court, where the Tudor Bakehouse awaits.
Dating back to the 15th century, this building is a must-see for visitors to historic Newark.
Newark, officially known as Newark-on-Trent, is a picturesque and bustling market town situated at the confluence of the River Trent and the River Devon, where the Great North Road intersects with the Fosse Way Roman Road.
The town developed around a 12th-century castle, now in ruins, and a large marketplace lined with historic buildings. Today, Newark has become a popular commuter town for Lincoln and Nottingham.
The nearest Pay and Display car park is Town Wharf.
Newark Northgate is just a two-minute walk from the café.
Premises
Front External: At the front of the property, there are three tables, each with four chairs, but this setup can be expanded to accommodate up to 25 covers.
Ground Floor: The ground floor features a 12-cover dining area, a main counter servery, and a fully fitted kitchen.
First Floor: Accessible via a solid wood staircase, the first floor offers a larger space for 35 covers and includes additional customer toilets.
Equipment Included:
- 2x undercounter fridges
- 6x hob electric cooker & oven
- 4x door counter fridge
- 1x Salamander grill
- 1x top & bottom grill
- 2x microwaves
- 1x tall fridge
- 1x small freezer
- 1x tall freezer
- 1x drinks fridge
- 1x dishwasher
- 1x 2-arm coffee machine
- 1x cake display
- 2x Epsom touchscreen till points
- Large selection of solid wooden chairs and tables, including highchairs
- 2x toasters
- Pots & pans
- Plates & Dishes
- Kettles
- Selection of China tea pots, coffee pots, and crockery
Tenure
This opportunity is being sold on a Freehold basis.
Leasehold option at £49,995. New lease to be negotiated, with rent at £18,000 per annum.
The business has no rates payable.
Hours
The current trading hours are:
Monday : Closed
Tuesday - Saturday : 9am to 5pm
Sunday : Closed
Staff
The business is currently run and managed by our client with the help of 1 full-time and 3 part-time staff members.
Financial Profile
The business generated a turnover of £160,000. Full financials can be made available upon further request.
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