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
RESTAURANT:FALLOWFIELD: Well established town centre location on a very busy main road with high amounts of passing trade, seating for 50 plus alfresco seating for 10, area is highly popular with students & young professionals & is surrounded by shops, eateries & a large residential area, taking £12,000 per week with a rent of £395 per week.
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.
This 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.
BUSINESS DESCRIPTION
This well-established business has been owned by our client since 2003 and is only for sale today due tour client’s impending retirement. 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, introducing lunchtime openings.
PROPERTY DESCRIPTION
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.
