Restaurant/cafe for sale in Miletree Lane, Wisbech PE13, £250,000

250,000.00

Offer Nr.:
65603709
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Restaurant Property Sellers
Phone(s):
020 8033 3603

* 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
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: £250, 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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