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Wimpy leasehold in Sittingbourne High Street up for sale

10:56, 03 November 2023

updated: 15:19, 03 November 2023

A town centre Wimpy restaurant is for sale for just under £150,000.

The Sittingbourne fast-food chain has been listed online by Apex Business Sales on Businesses for Sale due to the seller having “commuting difficulties”.

Wimpy in Sittingbourne High Street. Picture: Google
Wimpy in Sittingbourne High Street. Picture: Google

The premises are described as having “a coveted trading location” on the High Street in a “prominent Kent town” with “an excellent level of passing trade augmented by a high percentage of local trade”.

It adds that “tremendous potential exists for the introduction of longer opening hours – especially evening trade”.

Wimpy reopened in the town in December 2017.

The 100-seater restaurant opened under the stewardship of new franchisee Adnan Etemi and his team.

Sittingbourne’s previous Wimpy closed in 2011 and the relaunch created 10 jobs.

Inside Wimpy, Sittingbourne. Picture: Apex Business Sales
Inside Wimpy, Sittingbourne. Picture: Apex Business Sales

Mr Etemi, who also had two other Wimpy restaurants at Chatham Docks and Westcliff-on-Sea in Essex, invested nearly £200,000 in the new venture.

The leasehold, which is being sold for £149,000, comes with 10 years remaining on its original 15-year lease.

The rent is £28,000 a year and there are reviews every five years – the next review is in 2027.

Wimpy has been contacted for comment.

For more details visit uk.businessesforsale.com/uk

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