Wraps & Wings Business for Sale in East London
Property ID: RPS-22861
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting viewing.
MAIN DETAILS
Wraps & Wings franchise business for sale
Trading for 4 years
Benefits from extended opening hours
A separate cloud kitchen in place generating
£2,500 income
Attractive delivery business with staff in place
Benefits from gas, extraction & three phase electricity
LANDLORD’S REQUIREMENTS
Guarantor may be required (subject to references)
3- 6 month’s rent deposit required (subject to references)
Other usual checks will be carried out
LEASE DETAILS
Lease: Ending August 2039 (Inside LTA 1954 Act)
Current Rent: £32,000 PAX
Rent review: Every 5 years with next review due in August 2029
Premium: £150,000 (Business, Lease & fixtures and fittings)
THE PREMISES
Internal area: circa 621.40 sq. ft
Separate kitchen generating £2,500 pcm
Permitted to use as A5
Benefits from gas, extraction & three phase electricity
Current Rateable Value: 13,750 (Subject to change)
Payable Rates: Circa £6,861.25/annum (currently paying lower discounted rate)
THE BUSINESS
Gross Revenue: We have been informed that the business generates gross revenue of circa £815,000 for the year 2025.
Our client manages the business with 10 full-time staff members.
THE LOCATION
Excellent location in East London
Few minutes from train station
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree to a Non-Disclosure Agreement due to the “Confidentiality” requested by the client.
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.
