Pub & Restaurant for Sale in Wisbech

  • Premium £100,000
  • £19,200/Annum
Wisbech
AVAILABLE BUSINESS & LEASE FOR SALE

Pub & Restaurant for Sale in Wisbech

Wisbech
  • Premium £100,000
  • £19,200/Annum

Description

Pub & Restaurant with Shisha Lounge for Sale in Wisbech. 2 Separate Flats


MAIN FEATURES

  • 2 Separate Flats Included (2-Bed & 3-Bed Flat)
  • Large Restaurant with Outdoor Space for Shisha
  • Circa 2,563 Sq. Ft
  • Fully Equipped Commercial Kitchen
  • Premises Licence in Place
  • Car Parking Space Available for 80 Cars

LEASE DETAILS

  • Lease Ending: August 2027
  • Option of New Lease
  • Rent Review : Every 5 Years
  • Rent: 19,200 PAX (£1,600/month)
  • Premium: £100,000 (Goodwill, FF&E, Lease) + SAV

THE PREMISES

  • Large Restaurant, Pub & Shisha Lounge
  • Restaurant Covers: Circa 60
  • Pub Covers: Circa 40
  • Shisha Lounge: Circa 60
  • Fully Equipped Commercial Kitchen
  • Payable Business Rates: Circa £7,110/annum (Rateable Value: £14,250)
  • Premises Licence in Place
  • Current Permitted Hours : 11am -1 am

THE FLAT

  • 2 Separate Flats
  • 2 Bed-Flat: Rental income of £650 pcm
  • 3-bed Flat: Rental income £1,100 pcm

THE LOCATION

  • Wisbech , PE13

TRADING & FINANCIALS

  • Gross Sales Revenue: We have been informed that this takeaway business generates gross revenue of circa £400,000 per annum (7,000 to 8,000/week).
  • Currently Closed

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

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


DISCLAIMER

The above information is 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.

Details

Updated on January 3, 2024 at 9:17 am
  • Price: Premium £100,000
  • Size: 2563 Sq. Ft
  • Covers: 100
  • Use: Restaurant/Bar
  • Type: RESTAURANTS, PUBS & BARS, SHISHA BUSINESS
  • Status: AVAILABLE

Overview

  • RESTAURANTS, PUBS & BARS, SHISHA BUSINESS
  • Type
  • 2563
  • Sq. Ft

Contact Information

RPS_Agent
  • RPS_Agent

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