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Established Restaurant In Northenden For Sale

Northenden, Greater Manchester, UK
Asking Price:
£100,000
Turnover:
£728,000
Net Profit:
Undisclosed

Taking £11,000 per week
Rent £335 per week
Seating for 40 with room for more
Scope to obtain an alcohol licence
Scope to increase the existing takings
Middle of parade
Surrounded by many independent businesses
Busy main road location
Facing petrol station
Surrounded by large residential area
Hours of opening 11:00am – 11:00pm 7 days
12 year lease from 19th March 2021 with 3 yearly rent reviews

RESTAURANT: NORTHENDEN: mid parade location on busy main road, surrounded by many independent businesses and residential area, taking £11,000 per week, seating for 40 with room for more, Rent £335 per week.

LOCATION
Northenden is a suburban area and electoral ward of the city of Manchester. It lies on the south side of both the River Mersey and the M60 motorway, 4.2 miles west of Stockport and 5.2 miles south of Manchester City Centre, Northenden is one of several area in the Wythenshawe district of South Manchester, it is bounded by the districts of Didsbury to the north, Gatley to the east and the rest of Wythenshawe to the south and west.

This business occupies a superb main road location surrounded by many independent businesses and a large residential area. The premises also benefits from high levels of passing trade both pedestrian and vehicular.

BUSINESS DESCRIPTION
This well established business is only for sale today due to our client’s other business commitments. The business achieves its current level of turnover, whilst offering further potential for an enthusiastic owner operator to increase the takings, by way of, for example, obtaining an alcohol licence.

PROPERTY DESCRIPTION
The premises provide central entrance, large dining area for 40 with room for more, service counter with large chilled display area, open plan cooking area with chilled preparation bench, pizza oven, kebab area, rear good sized kitchen providing preparation area, 2 large bain marie’s, large charcoal grill, 8 burner stove, henny penny pressure cooker, chicken warmer cabinet, further preparation area, store room, preparation/store with washing up area, exit to bin area.

Stairs leading from dining area to first floor providing ladies & gents WC, small storeroom, 2 further storerooms.

Property Information

Property:

Leasehold