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WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 60% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Impressive WIMPY RESTAURANT, seating for 90 persons. Tiled floor and well appointed including tables and chairs. Well equipped including 2 griddles, 3 deep fryers, catering toasters, refrigerated counter, electronic cash register, ice machine, milk machine, Coca Cola machine, ice cream machine, 2 fridges, 2 deep freezes plus 3 storage deep freezes.
Washing up area with dishwasher, sinks, etc.
Fully shelved stockroom.
Ladies' & gentlemen's cloakrooms.
Staff w.c.
Staff
The business is currently operated by the vendor with the assistance of 2 full time and 1 part time staff plus additional casual staff when required.
THE ACCOMMODATION, which does require redecoration, comprises:
2 Double Bedrooms (1 in our opinion could be split to provide a separate lounge)
Bathroom with bath, w.c. and wash hand basin.
Kitchen
Tenure
We understand the premises are held on a renewable lease, the present lease expiring in March, 2010 at a rental of £41,000 p.a. exclusive of rates. (We understand the landlord will consider a surrender of the existing lease and grant a new 10/15 years lease at terms and rent to be agreed.
Uniform Business Rates: £15,000 p.a. approx. + water rates.