Taking £12,000 per week
Rent £395 per week
Seating for 50, plus al fresco seating for 10
Well established
Town centre location
Very busy main road
Surrounded by shops, eateries & large residential area
Area highly popular with students and young professionals
High levels of passing trade
Scope to introduce lunchtime openings
2 owner parking spaces to rear
Hours of Opening 4:00pm – 10:30pm Monday to Friday, 2:00pm –10:30pm Saturday & Sunday
10 year lease from 2020, 5 yearly rent reviews
- Asking Price:
- £174,950
- Turnover:
- £624,000
- Net Profit:
- Not applicable
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
10 year lease from 2020, 5 yearly rent reviews
- Leasehold Rent:
-
£20,500 per annum
- Location:
-
Fallowfield is a suburb of the city of Manchester. Historically in Lancashire, it lies roughly 3 miles south of Manchester City Centre and is bisected east-west by Wilmslow Road and north-south by Moseley Road and Wilbraham Road. The former Fallowfield Loop railway line, now a cycle path, follows a route nearly parallel with the east-west man road. The area has a very large student population, the University of Manchester’s main accommodation complex – the Fallowfield Campus – occupies a large area in the north.
The business is superbly located on a very busy main road in Fallowfield town centre, an area very popular with students & young professionals. The business is surrounded by many student bars, restaurants, eateries & student accommodation, whilst also benefitting from high levels of passing trade.
- Premises Details:
-
Al fresco seating for 10, with retractable canopy & heaters, glass fronted unit, central entrance, large well-appointed dining room to seat 50, WC, bar/server counter, large rear kitchen providing 5 burner Chinese water stove, large central preparation island, cold storage, washing up area, 6 burner oven, 2 chest freezers, 1 upright freezer, 2 upright fridges, 1 counter fridge, exit to service yard providing 2 car spaces & bin gate.
Business Operation
- Trading hours:
-
4:00pm – 10:30pm Monday to Friday, 2:00pm –10:30pm Saturday & Sunday
- Years established:
- 2003