Newly Fitted Shisha Bar & Lounge for Sale in Wisbech, Cambridgeshire with 210Covers, Outdoor Seating & Car Parking
Newly Fitted Shisha Bar & Lounge for Sale in Wisbech, Cambridgeshire with 210Covers, Outdoor Seating & Car Parking
Overview
Description
Shisha Bar & Lounge for Sale in Wisbech, Cambridgeshire
MAIN FEATURES
Newly Fitted Bar & Lounge
Circa 3,000 sq. ft
Indoor: 70 covers | Outdoor: 40 | Bar: 100
Customer Car Park available
Eligible for 100% rate relief
Great Outdoor seating
LANDLORD’S REQUIREMENTS
Rent deposit subject to references
Personal Guarantor subject references
Proof of funds
Accountant’s references
Trade references
LEASE DETAILS
Grant of 20 Years New Lease (Inside the Act of 1954)
Passing Rent: £26,000 plus VAT
Rent Review : Every 5 years
Premium: £125,000 (Lease & FF&E)
THE PREMISES
Circa 3,000 sq. ft
Opening Hours: 8:00 to 4pm (Thu -Tue 8am – 11pm & Wed 8am – 9:30pm)
Indoor: 70 covers | Outdoor: 40 | Bar: 100
Benefits from 3-phase Electricity
Fully Electric and No Gas Connection
Benefits from Extraction
Eligible for 100% rate relief
THE LOCATION
Wisbech, Cambridgeshire
0.9 mile to Wisbech town centre
TRADING & FINANCIALS
Trading as Shisha Bar, Restaurant & Lounge
Gross Sales Revenue: Circa £4,000/week (£208,000/year) (As per the vendor)
Currently our client manages the restaurant with 5 full time and 4 part time staff
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.
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