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BARAQ Restaurant 266 Wigan Road Ashton-in-Makerfield Wigan WN4 0AR

Ref:

OIRO £79,995

This is a rare opportunity to acquire a well-established and reputable Indian restaurant which has been successfully trading under current ownership since 1986. 
 

 

Key Facts

Property Details

Set in a commanding main road trading position of Ashton-in-Makerfield, Wigan and located in a mixed commercial and residential area along Wigan Road which is one of the main arterial roads connecting to Wigan.

The premises has significant shop frontage which is clearly visible from either side of the building and is highly visible to passing traffic providing immediate exposure for marketing purposes.

This concern has established a strong reputation with the local community and has become a popular destination for diners, achieving a 5 star rating on TripAdvisor.co.uk. With a loyal client base providing repeat custom the business also benefits from passing trade being sited on a commanding main road trading position  where 1000’s of vehicles pass daily.

The restaurant offers a seated waiting area and the main dining area is set across the same ground floor which is accessed from the main street position and can accommodate up to 70 covers comfortably. The restaurant is fully equipped with an impressive bar and a commercial kitchen, housing an excellent range of quality catering equipment and extraction system. The premises has good storage facilities with access to the rear yard. The kitchen can be accessed from the main retail area or from the rear yard. The ladies and gents toilets as well as the disabled toilets are conveniently placed on the same floor.

With an impressive taking  per week this concern provides an enviable profit margin with huge potential to do more.

The business is on the market and priced to sell and as such early viewing is highly recommended.

Rental/Price
Rental - £310.00 per week
Business price – OIRO of £79,950

Legal Fees
Prospective Tenant is to be responsible for their own legal costs as well as the Landlord’s.

Terms:
The premises are also available To Let by the way of a new effective full repairing and insuring lease for a term of years to be agreed incorporating five year rent reviews where applicable.

VAT: The prices and/or rentals quoted are exclusive of VAT (if applicable)

OUTGOINGS
With reference to the Valuation Office Agency website, the property has been assessed for uniform business rates with a rateable value in the 2017 Ratings List of £12,750. Further enquiries should be made with the business rates team to confirm the actual rates payable (small business rates relief apply for properties with a rateable value between £6,001 and £12,000).

PARKING NOTES
There is a large car park to the side of the premises. On street parking is available in close proximity of the premises.

SERVICES
We have been advised that all mains services are connected.

Viewing
Viewing by arrangement with the sole agents:- Maya Property Services


ADDITIONAL INFORMATION
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
 
 

Location

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