Wimpy Restaurant in Surrey For Sale

Situated in a parade, excellent High Street trading position, office and commercial area, SURREY

Turnover £ 2,250
Price £49,995

Features

Spacious Wimpy Bar Restaurant

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES. Laminate flooring, suspended ceiling, LED spotlights. Tables and chairs seating 40 persons.

OPEN PLAN KITCHEN. Stainless steel extractor, griddle, chip warmer, 2 single basket deep fat fryers, toaster, microwave, 2-group coffee machine, grinder, knockout drawer, soft drinks fridge, 2 under-counter fridges, fridge freezer, 4 chest freezers, double sink and drainer, stainless steel prepartion table, diswasher, 2 blenders.

2 stock rooms.

Ladies' cloakroom with toilet and wash hand basin
Gentlemen's cloakroom with toilet and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,250 p.w. with a gross profit of 60% approx.

Staff

The business is at present operated by a husband & wife team

Trading Hours

7 Day week
MONDAY - SATURDAY 10 a.m - 6 p.m
SUNDAY 11 a.m - 4 p.m

Tenure

At present the vendor is trading over. WE HAVE BEEN INFORMED BY THE VENDOR that the private landord is prepared to grant a new 15 years SECURE RENEWABLE lease with reviews every 5 years (next review 2028) at a current rent of £15,000 p.a.

Business Rates from April 2023 £3,000 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2000

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 24,998 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote