| (REF: R2588) Spacious Wimpy Restaurant. |
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| Seller Reference: |
R2588 |
| B4S Reference: |
26790 |
| Asking Price: |
£60,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£260,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Essex, the East of England, United Kingdom |
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Nationwide are pleased to offer to the market : Spacious single fronted WIMPY RESTAURANT, with tiled floor, suspended ceiling with concealed lighting. Fixed tables and chairs providing seating for 80 persons, stainless steel counter, coffee machine, coffee grinder.
Open KITCHEN AREA, with 1 double deep fryer, 1 single deep fryer, large electric grill, automatic bun toaster, additional bun toaster, 1 toaster, 1 commercial stainless steel fridge/freezer, upright single door drinks display fridge (on loan from Pepsi Cola), soft drinks dispenser (on free loan), etc.
WASH UP AREA with commercial dishwasher, stainless steel table, 2 sinks.
First floor:
Ladies cloakroom with w.c. and wash hand basin.
Gentlemens cloakroom with w.c. and wash hand basin.
Office
Storeroom with 4 chest deep freezes, 1 fridge.
Staff room
WE ARE INFORMED the turnover averages £5,000/£6,000 p.w., in our opinion offering tremendous potential for further increase - especially with additional opening hours. Gross profit we are informed 65% approx.
We understand the premises are held on a secure renewable lease having approximately 4½ years unexpired, at a rental of £30,500 p.a. exclusive of rates for the next 18 months with rent to be agreed thereafter.
Uniform business rates £11,000 p.a. approx. plus water rates (metered).
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Service area at rear, with parking space for 1 car (rented at we understand £90 every 3 months). |
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Location: |
Situated in a parade, excellent trading position, adjacent to the main bus station, close to the high street and market square, ESSEX. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday/Saturday incl. 9 a.m. - 6.30 p.m.
No Sunday trading. |
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The business is at present operated by a husband and wife team with the assistance of 2 full time and 4 part time staff. |
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