Restaurants for sale in Manchester

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Licensed Restaurant in Manchester City Centre

Manchester, Greater Manchester, England

  • Leasehold Price: £194,950
  • Weekly Turnover: £10,000
Seller Reference: D9252
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Business Description
 
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Seller Reference: D9252
Request Details
Business Description
This well established business has been owned by our clients since 2011 and is only for sale today due to our clients’ other business commitments. 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, increasing the current level of deliveries. This business has already gained an excellent reputation within the area, achieving a 4 star rating on TripAdvisor.co.uk from over 380 reviews.

• 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

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.
Tenure:
Leasehold
Location Details:
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.
Leasehold Term:
21 year lease from 2011, with 3 yearly rent reviews
Listed by:
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