£125,000

Restaurant for sale

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Business

£125,000

(£83.36/sq. ft)

Restaurant for sale

Miletree Lane, Wisbech PE13

From 2,999 - 3,000 sq. ft

Local area information

Property location

Nearby amenities

  • On Track Education Centre Wisbech (SEN) 1 mile
  • Wisbech Grammar School 1.1 miles
  • March 6.8 miles
  • West Lynn Ferry Landing 12.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • 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: £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.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Restaurant Property Sellers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Restaurant Property Sellers for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Cambridgeshire
  4. Wisbech
  5. Miletree Lane

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