Holt, North Norfolk

The Owl Tearooms Cafe & Bakery is an exceptional and beautifully presented tearoom in the bustling town of Holt in North Norfolk. Renowned locally for its friendly atmosphere, homemade food and quality coffee, it has attracted a loyal following and earned a well-deserved 5-star food hygiene rating. Occupying a prominent corner spot, this delightful establishment benefits from strong footfall and excellent roadside visibility - it sits between the Church Street car park and Gresham's School has plans to expand this car park further, which would make it the largest in town.

THE BUSINESS:

Having established an enviable reputation, the current owners have built on the tearoom's strength for homemade cakes and pastries, delighting both local residents and visiting tourists with a brasserie style menu. With an alcohol licence already in place, there is a natural avenue to expand operating hours into evening dining or special events. The property itself is Grade II listed, giving it abundant character and timeless appeal.

Two leases encompass the premises. The main lease began on 30th January 2017, running for 15 years with a current rent of £16,000 (no VAT). Rent reviews occur every five years, and a tenant break clause falls on 31st March 2027. This lease benefits from being within the Landlord & Tenant Act.

The second lease covers the upstairs office, also over 15 years, with a current rent of £4,200 (no VAT) and reviews every five years. Combined, they present a comprehensive property arrangement suitable for a variety of business needs.

Included in the sale are the business's Instagram page, Facebook page, and website-all with excellent followings and engagement, contributing significantly to the goodwill and ongoing success.

PREMISES:

Boasting an inviting shop front, this property includes ample space for takeaway customers and display cabinets (two refrigerated, one ambient). A dedicated coffee-making counter features a La Spaziale machine, bean grinder, drinks fridge, hand wash sink, and storage. Beyond the lobby is the main restaurant area, set for 34 covers, adorned with period beams, partial original wood flooring, and a striking bay window. Ornate lighting, mirrors, and a central open brick fireplace contribute to the warm, welcoming atmosphere.

The well-proportioned, fully equipped commercial kitchen offers an extensive range of stainless steel surfaces, shelving, and premium appliances, including an 8-ring gas hob, double oven, and Hobart through-flow commercial dishwasher station. Adjoining is a dedicated bakery space, perfect for preparing the tearoom's signature baked goods, featuring two Turbofan ovens, extraction, and two Hobart mixers.

An external staircase leads up to the office space, complete with a staff rest area and w.c, plus three storage rooms-ideal for administrative duties and additional inventory. Outside, large double wooden gates mark the rear entrance to a spacious, sheltered, garden offering circa 30 covers, filled with flowers and visiting birds, contributing to the property's distinctive charm. Additionally, the pavement outside is owned by the business, allowing for 6-8 extra legal outdoor covers, further enhancing customer capacity.

KEY INFORMATION:

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL INFORMATION: In order to release further information on the business - such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

REFERENCE NUMBER: TR36093E.

OPENING HOURS: Tuesday to Saturday, 8.30am to 4.30pm. Closed Sunday and Monday.

TENURE: Leasehold.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the lease.

RENT PAYABLE: Tea Room Lease: £16,000 per annum. Office Lease: £4,200 per annum.

RATES PAYABLE: Nil. We are advised that the business benefits from Small Business Rate Relief.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: 8 full-time, 3 part-time, plus 3 Saturday only staff. Correct at time of listing.

EPC: The business premises is Grade II listed and therefore we understand that no EPC is required. The office building EPC shows a rating of 'E/108, full document available upon request.

PRICE: £159,000 PLUS STOCK AT VALUATION.

For the benefit of the leasehold, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.

FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our specialty. If you're curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.

DISCLAIMER:

1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.