Description

The Vault Real Estate presents Wimpy Shrewsbury! An exciting opportunity to take over this franchise at a cheaper cost starting from scratch, whilst benefitting from an established business.

Details of Sale

Reassignment of leasehold and transfer of franchise agreement
Franchise is worth £450,000

A 10% non-refundable deposit is required upon the acceptance of any offer. This amount is deducted from the final asking price.

Reluctant Sale

Details of Franchise

Born in 1954, Wimpy is a fast-food chain restaurant that offers an enhanced experience compared to its rivals. The brand is currently re-growing its presence in the United Kingdom, with 73 branches currently operating around the UK and further openings planned in 2025.
In terms of franchise fees, there are no fees on turnover or profit. The current franchise agreement has three years remaining. However, Wimpy are happy to offer a 10 year extension to the incoming assignee.

Dimensions

Total: 2,807 Sq ft
Ground: 1,353 Sq ft
1st Floor: 1,454 Sq ft

Council Information

Local Authority: Shropshire Council

Leasehold Information

Full Repairing & Insuring Lease (FRI)
Start Date: 1st February 2018
End Date: 31st January 2034

Planning

It is the tenant’s responsibility to verify if a change of use is acceptable to the local planning
office
Pre-planning permission for the developement of a two bedroom flat on the 1st floor. Plans avaliable on request.

Legal Costs

Each party is responsible for their own legal costs

Anti-Money Laundering

To comply with the Anti Money Laundering Regulations 2017, all clients and parties will be asked to verify their identify and address. For limited companies, this applies to all directors and shareholders that hold more than 25% ownership.

Disclaimer

Although we have made every effort to ensure the information in this brochure is accurate, we encourage all interested parties to verify the details, including the description and floorplan, through inspection or other means. Any fixtures and fittings mentioned should be considered excluded from the sale unless explicitly stated. We have not tested any appliances or services and cannot guarantee their functionality.