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Established Restaurant In Cheadle Hulme For Sale

Cheadle, Greater Manchester, UK
Asking Price:
£99,950
Turnover:
£520,000
Net Profit:
Not applicable

• Taking £8,000-£10,000 per week
• Rent £1,000 per week
• Seating for approx. 80
• Scope to increase deliveries and/or introduce lunchtime openings
• Currently no alcohol sales but has alcohol licence
• Run by staff
• Superb location in the village centre
• Surrounded by many independent businesses, shops, offices
• Near to Waitrose & train station
• Benefits from high levels of passing trade
• Hours of Opening 4:00pm – 11:00pm 7 days
• 12 year lease from January 2022 with 3 yearly rent reviews

Property Information

Property:

Leasehold

Lease Terms:

12 year lease from January 2022 with 3 yearly rent reviews

Leasehold Rent:

£52,000 per annum

Location:

Occupies a superb location in the village centre, surrounded by many independent businesses, shops, offices, next to Waitrose & the train station. The business benefits from high levels of passing trade.

Premises Details:

The double fronted unit comprises of central entrance, dining room to seat approximately 80, central bar, WC facilities, waiter area, good sized rear kitchen providing preparation area, 7 burner stove, tandoor oven, washing up area, further preparation area, cold storage, side exit.

Business Operation

Trading hours:

4:00pm – 11:00pm 7 days