Commercial Property for saleKing Street, Wrexham
- FOR SALE AS A GOING CONCERN - LEASEHOLD - NOW CLOSED
- SITUATED ON KING STREET DIRECTLY OPPOSITE THE TOWNS MAIN
- BUS STATION, IN CLOSE PROXIMITY TO YALE COLLEGE, A FULLY
- RENOVATED THREE STOREY BUILDING WITH THE BENEFIT OF A FULLY
- EQUIPPED GROUND FLOOR RESTAURANT TAKE AWAY, TOGETHER WITH
- FOUR ROOMS ON FIRST AND SECOND FLOOR LEVELS, REGISTERED AS A
- HMO, PRODUCING £18,200 PER ANNUM WHEN FULLY LET
The leasehold premises comprise a fully refurbished three storey building, providing on the ground floor a fully equipped take away, together with four rooms on first and second floor levels, which are Licensed as a House in Multiple Occupation (a copy of the licence is available for inspection from the Agents.)
The premises are situated in the centre of Wrexham, fronting King Street, directly opposite the Towns main Bus Station and within easy walking distance of Yale College.
Ground Floor Take Away/Restaurant Area - comprising
Seating Area - 23'9 x 14' (7.24m x 4.27m) - With window seating area, suspended ceiling, storage area with built in cupboard and access to
Cellar - Providing storage accommodation
Kitchen Area - 16'9 x 14' (5.11m x 4.27m) - With built in serving counter, which incorporates two, six pan Bain Maries, Polar refrigeration (8 sections), 6 ring gas burners with extractor above and tiled floor
Inner Hallway - With W.C. off and wash hand basin
Storage Area - With stainless steel tables and double commercial sink unit
Rear external access door
Residential Accommodation - Accessed via the separate front access door to lobby area with staircase to first floor landing
Shower Room - With w.c. And wash hand basin
Communal Kitchen - With a range of fitted base and wall units, washer/dryer, fridge, freezer, dishwasher and sink unit
Double Room 1 - Stairway to second floor providing a further
Three Double Rooms -
Outside - To the rear of the property is a single car parking space.
Services - The premises have the benefit of mains water, drainage, electricity and gas connected, subject to statutory regulations.
Outgoings - Rateable Value£10,750.00
Rates Payable£ 5,224.50
Lease Terms - The premises are held on a lease, which commenced on the 22/04/05 expiring on the 21/04/20 at a current rent of £13,560 per annum, payable monthly in advance by Bankers Order.
The individual rooms are let on informal agreements, three rooms at £90 per week and one room at £80 per week.
Alternatively, the leaseholders are prepared to sub-let the whole of the property to include the ground floor and the upper floors, with vacant possession if required, at a rent of £450 per week.
Fixtures And Fittings - The following are included within the premium figure:
2 x 6 pan Bain Maries
Steel preparation tables
Polar refrigeration unit (8 sections)
Deep fat fryers
Epsom cash register
4 tables and various chairs
6 ring gas burner with extractor
Buffalo rice cooker
The above is not a full inventory of the all fixtures and fittings
The Business - T/a Amigos has been in operation for some 10 months and it is only due to family commitments that the present owners are disposing of the business. The premises have a Planning Consent to allow the sale of hot food on and off the premises between 11am and 12 midnight Monday to Sunday.
The current opening hours are Tuesday and Wednesday 5pm 10pm, Thursday 12pm 10pm, Friday
12pm 11pm and Saturday 5pm 11pm. Closed on Sunday and Monday. There is obviously an opportunity to expand the opening hours.
Figures provided range from a weekly turnover of between £2,000 to £2,500.
The upper floors have the benefit of a Licence of a House in Multiple Occupation granted January 2016.
Epc - In the course of preparation.
Price - Premium Offers are invited in the region of £35,000 for the business, leasehold interest and the fixtures & fittings.
Viewing - By appointment through the Agents.
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