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Restaurant In Fallowfield For Sale

Fallowfield, UK
Asking Price:
£84,950
Turnover:
£442,000
Net Profit:
Undisclosed

Taking £8,500 - £9,000 per week
Rent £404 per week plus VAT
Seating for 35 with alfresco for 10
Car parking for 4
Prime location, end of parade, near student accommodation, bars & eateries
Alcohol License
Established in 2019
Hours of Opening: 4:30pm - 9:30pm Tuesday to Sunday, Closed Monday
10 year lease from 2022 with 3 year rent reviews

*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.
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:

Fallowfield is a bustling area of Manchester with a population of 14,869 at the 2021 census. Historically in Lancashire, it lies 3 miles south of Manchester City Centre and is bisected east–west by Wilbraham Road and north–south by Wilmslow Road. The former Fallowfield Loop railway line, now a shared use path, follows a route nearly parallel with the east–west main road (Moseley Road/Wilbraham Road). Manchester is a city in Greater Manchester, England. It borders the Cheshire Plain to the south, the Pennines to the north and east, and the city of Salford to the west.

This business is positioned in a prime location at the end of a parade, it is surrounded by student accommodation, bars and other eateries, benefitting from high levels of passing vehicular and pedestrian trade.

Premises Details:

Alfresco seating for 10, electric shuttered front, glass fitted unit, seating area for 35, W/C, 'L' shaped counter, open plan kitchen providing central preparation island, frying area, 6 burner oven, 5 burner Chinese water stove, cold storage, washing up area, dry storage, staff W/C, storeroom, 'attic' style storage and exit to bin area, 4 car parking spaces and store cupboard.

Business Operation

Trading hours:

Hours of Opening: 4:30pm - 9:30pm Tuesday to Sunday, Closed Monday