Restaurant for Sale in High Wycombe

Restaurant for Sale in High Wycombe (Flackwell Heath). Quick SALE

Rent: £48,933/year (exc. VAT), Business Rate: £12,000/year, Lease: June 2030, 06 (Six) Rooms in First Floor

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MAIN FEATURES

• Retirement Sale
• Affluent Village in High Wycombe
• Fully Fitted 100 Covers Restaurant
• Fully Functional Commercial Kitchen
• Including 06 (Six) Rooms in First Floor (2 Shower Rooms & 1 Toilet)
• Corner Unit with high visibility

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LEASE DETAILS

• Lease: June 2030 (Inside the Act)
• Rent: 48,933/year excluding VAT
• Rent Review Term: Every 4 years
• Next Rent Review: 2022
• Premium: £80,000 (Goodwill, Lease & FF&E)

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TRADING DETAILS

• Popular Spanish Restaurant
• Sales Revenue in 2019-2020: £257,226 (Circa £5,000/week)

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THE LOCATION

• Flackwell Heath, High Wycombe, HP10
• Affluent Village
• Corner Unit with High Visibility
• Few Eateries & Retail Shops nearby
• Few Minutes away from M40

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THE PREMISES

• Double Front Unit
• Restaurant & Cafe Use (New Use Class E)
• Alcohol Licence
• Total Area: Circa 1300 sq. ft
• Total Covers: Circa 80-100
• Licensing Hours: Mon-Sat 10am-12am & Sun: 12pm-23:30pm

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VIEWINGS & CONFIDENTIALITY

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

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DISCLAIMER

The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.