Nationwide brings to the market this SPACIOUS & SUPERBLY FITTED WIMPY RESTAURANT. Situated in a parade, excellent trading position, adjacent to the main bus station, close to the high street and market square, ESSEX.
Outstanding opportunity to acquire a superbly fitted Wimpy Restaurant in this excellent trading position. In our opinion the business offers tremendous potential for further development, especially with additional opening hours. We understand from the present owner a new College is being built nearby.
SPACIOUS & IMPRESSIVE WIMPY RESTAURANT recently re-decorated. Ceiling with inset spotlighting. Tables chairs plus upholstered seating for 64 persons. Counter, touch screen till with printer, 2 group coffee machine, coffee grinder, 2-door stainless steel under-counter fridge, hot chocolate machine, soft drinks dispenser (on loan), single door glass fronted display fridge (on loan from Coca Cola), Taylors soft ice cream machine.
OPEN PLAN COOKING AREA with stainless steel extractor, Valentine computer double deep fryer, chip scuttle, 2 commercial microwave ovens, savory toaster, large griddle, upright stainless steel fridge, upright stainless steel deep freezer, stainless steel work surface, under-counter fridge etc.
WASH-UP AREA with dishwasher, double sink & drainer
Stairs to first floor cloakroom with w.c. & wash hand basin
Storeroom with 4 chest deep freezers
In addition there are 2 further rooms plus additional cloakroom
It will be appreciated upon inspection that the first floor area has the potential to be converted into living accommodation, if desired.Turnover :
WE UNDERSTAND the vendor enjoys a good turnover, full details will be discussed upon inspection. We are advised the business trades as a Wimpy Restaurant and must remain as a Wimpy until the present agreement expires 2026 . Full details of the terms are avaqilable on request.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS
£69,000 no offers plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £69,000 (R5975)
Is accommodation included?:
Parking space for 1 car at rear