Fast Food Restaurants for sale in Billericay

View the "BILLERICAY ESSEX IN PRIME HIGH STREET LOCATION A SUPERB FAST FOOD RESTAURANT & TAKE AWAY" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I am delighted with the service – I’ve sold my business and highly recommend Daltons to other business sellers 

Marianne Ross (April 2014)
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Leasehold Price: £125,000 Price Reduced
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Business Description
An ultra modern Hamburger & Fast Food Restaurant currently trading under the world famous Wimpy brand name. The Wimpy brand was created in the 1950s and inspired by the character of J. Wellington Wimpy from the Popeye cartoons. The first "Wimpy Bar" was established at the Lyons Corner House in Coventry Street, London. In approx. 1,430 sq.ft. and the subject of a complete refurbishment programme in 2007. A delightfully quaint frontage provides access to the Restaurant with a fully tiled floor. Seating for 68 on both chairs and bench seating. The left hand flank wall comprises the service counter with access to the open plan kitchen space, which is of the highest quality. The ground floor is fully air-conditioned. Ladies, Gents and Disabled Persons Toilets. Passageway leading to a store and Fire Escape, which opens onto the rear open yard and then to external elements with access to a side pedestrian alleyway. Secondary means of access to other storage, and also to another exit to the rear yard which houses a free-standing Coldroom used for storage.
Tenure: Leasehold

Location Details:

Billericay is a commuter town in Essex with a population of 40,000. The town lies 25 miles to the east of central London and 7.6 miles to the south of the county town of Chelmsford. Billericay is a part of the London commuter belt. It is served by Billericay railway station on the National Express East Anglia route from Liverpool Street. Billericay is close to two primary routes, the A12 to the north and the A127 in the south. The town is a destination on the A129, linking it to the neighbouring towns of Brentwood and Wickford.

Leasehold Term:

Leasehold. Our Clients have agreed terms in principle for a new 25 year lease, subject to 5 yearly rent reviews, at a rent of £47,500 per annum, with a break clause at the 5th year. The lease comprises the Restaurant, the first floor and the adjoining premises. The adjoining premises are to be let on a sublease to the existing occupiers for 10 years with a rent review and break clause at the 5th year. In addition, our Client will also be letting the first floor under an informal arrangement, which will generate additional rental income of £8,400 per annum. This results in a net rent of £18,100 per annum.

Downloadable Documents

Listed by: Dedman Gray Commercial
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DBS110330A
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