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Lucrative Restaurant In Manchester City Centre For Sale

Manchester, UK
Asking Price:
£150,000
Turnover:
£260,000
Net Profit:
Undisclosed

Taking £5,000 per week
Rent £1,250 per week plus VAT
Seating for 50-60 plus alfresco for 4
Located in Piccadilly Gardens
Middle of busy parade
Scope to extend the current opening hours to include earlier or Sunday openings
Superb location in Manchester City Centre
Scope to increase deliveries
Scope to obtain an alcohol licence
Surrounded by hotels, offices and shops
Close to Piccadilly Gardens Metrolink station
Hours of Opening 11:00am – 10:00pm Monday to Saturday, Closed Sunday
Benefits from very high levels of passing trade
10 year lease from January 2024 with 5 yearly rent reviews

*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:

Manchester City Centre is the central business district of Manchester, within the boundaries of the River Irwell, Great Ancoats Street and Whitworth Street. The city centre acts as the transport interchange for Greater Manchester and over 7 million people live within an hour’s drive of it. Manchester is fringed by the Cheshire Plain to the south, the Pennines to the north and east and an arc of towns with which it forms a continuous conurbation. In 2014 the Globalization and World Cities Research Network ranked Manchester as a beta world city and consequently as the highest-ranked British City apart from London.

This business is superbly located within busy parade of shops in Piccadilly Gardens, surrounded by a number of shops, offices and hotels. The business benefits from very high levels of passing trade both vehicular & footfall.

Premises Details:

Alfresco seating for 4, the glass fronted unit with double electric doors provide large well appointed dining area to seat 50-60, small service counter, 2 WC’s, hot drink preparation, rear good sized kitchen providing 4 burner oven, double deck pizza oven, chilled preparation bench, cold storage, washing up area, further preparation

Business Operation

Trading hours:

11:00am - 10:00pm Monday to Saturday
Closed Sunday