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Licensed Restaurant In Manchester For Sale

Manchester, Greater Manchester, UK
Asking Price:
£194,950
Turnover:
£520,000
Net Profit:
Not applicable

• Taking £10,000 per week
• Rent £481 per week
• Seating for approx 220
• Excellent city centre location
• Facing Shudehill Interchange
• Surrounded by many bars, shops, eateries, hotels & offices
• Bordering the Northern Quarter
• 30% deliveries
• 5% take away
• Scope to introduce lunchtime openings
• 4.1 star rating on Google
• Very High levels of passing trade
• Hours of Opening 5:00pm - 11:30pm Monday to Thursday, 5:00pm-1:00am Friday & Saturday & 5:00pm-11:30pm Sunday
• 21 year lease from 2011, with 3 yearly rent reviews

Property Information

Property:

Leasehold

Lease Terms:

21 year lease from 2011, with 3 yearly rent reviews

Leasehold Rent:

£25,012 per annum

Location:

This business occupies an excellent location in Manchester city centre, bordering the Northern Quarter and is surrounded by many bars, shops, eateries, hotels & offices. The business also benefits from very high levels pf passing trade.

Premises Details:

The electrically shuttered glass fronted premises provide seated waiting area for approximately 4, dining area for approximately 120, well-appointed bar, (entrance to kitchen from dining room), stairs lead down from dining room to lounge seating for approximately 50, ladies & gents WC facilities, small beer cellar, storeroom, office, function room to seat approximately 50, small bar, waiter area, very large storeroom, walk in fridge, staff WC facilities, stairs leading up to kitchen providing tandoor oven, 12 burner stove, 2 large chilled preparation benches, washing up area & exit to bin store.

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.

Business Operation

Trading hours:

5:00pm - 11:30pm Monday to Thursday, 5:00pm-1:00am Friday & Saturday & 5:00pm-11:30pm Sunday

Contact Harvey Silver Hodgkinson

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