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Established Restaurant/bar In Levenshulme For Sale

Levenshulme, Greater Manchester, UK
Asking Price:
£179,900
Turnover:
£457,600
Net Profit:
Not applicable

Taking £8,800 per week
Rent £477 per week
Licensed premises
Seating for 86, plus alfresco seating for 68
End of busy parade
Very busy main road (A6) location
Surrounded by a large residential area, many other businesses, shops & eateries
Close to Levenshulme Train Station
Benefitting from very high levels of passing trade
Scope to introduce deliveries
Hours of Opening 4:00pm – 11:00pm Tuesday, Wednesday & Thursday, 4:00pm – 12:00midnight Friday, 10:00am -12:00midnight Saturday, 11:00am – 8:00pm Sunday & Closed Monday
5 year lease from December 2023

Property Information

Property:

Leasehold

Lease Terms:

5 year lease from December 2023

Leasehold Rent:

£24,800 per annum

Location:

Levenshulme is an area of Manchester in North West England bordering Fallowfield, Longsight, Gorton, Burnage, Heaton Chapel and Reddish, approximately halfway between Stockport and Manchester City Centre 4 miles away on the A6. Levenshulme is predominantly residential with a predominance of fast food shops, public houses and antique stores. It has a multi-cultural and multi-ethnic population of 15,430 (according to the 2011 census). The Manchester to London railway line passes through Levenshulme railway station.

The business is ideally located at the end of a busy parade on a very busy main road, surrounded by many other businesses, a large residential area and close to the train station. The business benefits from very high levels of passing trade both vehicular and footfall.

Premises Details:

Small alfresco seating area to front for 8, corner unit, central entrance, seating area for 40, large ‘L’ shaped bar, seating area for 20, WC, rear seating area for 26, open kitchen providing heated pass, convection oven, hot plate, preparation area, washing up area, side exit to store room & large well-appointed al fresco seating area for side to seat 60.

Business Operation

Trading hours:

4:00pm – 11:00pm Tuesday, Wednesday & Thursday, 4:00pm – 12:00midnight Friday, 10:00am -12:00midnight Saturday, 11:00am – 8:00pm Sunday & Closed Monday