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Bar And Kitchen In Manchester For Sale

Manchester, UK
Asking Price:
£134,950
Turnover:
£364,000
Net Profit:
Undisclosed

Taking £7,000 per week (95% Wet Sales)
Rent £450 per week plus VAT
Large prominent corner site
'L' shaped alfresco seating for 100 with internal seating for 100
High end interior fit-out designed by Stephenson Studio
Located in Ancoats, next to the Northern Quarter
Surrounded by many other businesses, including restaurants, bars, offices and a vast amount of apartments/accommodation
Close to the AO Arena, Manchester Cathedral and Manchester Arndale Shopping Centre
Nearby many ample public transport links and connections
Scope to extend opening hours
Hours of Opening: 4:00pm-12:00midnight, Thursday to Saturday
High levels of passing trade
25 year lease from 2019 with 5 year rent reviews

*This property has a premises Licence granted by the relevant local authorities, it is a requirement of the Licensing Act 2003 that properties serving alcohol have a designated premises supervisor who must be the holder of a Personal Licence. Prospective purchasers are advised to take appropriate specialist advice.
In accordance with Anti-Money Laundering Regulations proof of identification, residence and confirmation of the source of funding will be required from the purchaser.

Property Information

Property:

Leasehold

Location:

Ancoats is an area of Manchester, England, next to the Northern Quarter, the northern part of Manchester city centre. Manchester is a city and metropolitan borough in Greater Manchester, England. Often referred to as the "capital of the North", it was the world's first industrialised city and has held city status since 1853. It had a population of 552,000 in the 2021 census. Greater Manchester is the third-most populous metropolitan area in the United Kingdom and the largest in Northern England, with a 2021 population of 2.87 million.

Premises Details:

Prominent corner site, 'L' shaped alfresco seating for 100, entrance, wine display wall, window seating for 25, further seating for 75, large well appointed bar, ladies & gents W/C, open kitchen with cold storage, washing up area, preparation area, hot drinks preparation area, barrel room, office and bin area to rear.

Business Operation

Trading hours:

Hours of Opening: 4:00pm-12:00midnight, Thursday to Saturday