Restaurant for sale

Wilmslow Road Fallowfield. M14 6Nw Manchester

£77,500

Property Description

Key features

  • Great Location
  • Excellent business presence
  • Great opportunity
  • Liquor licence
  • Established delivery service
  • MUST SEE

Full description

Tenure: Leasehold

C&R HULME offer an excellent opportunity to acquire a profitable business to be sold in a prime location of Fallowfield. Operating as Tzatziki's Greek deli, the property measures approximately 722 sq ft (67Sq mtr) + basement situated in a prime location of Fallowfield village and fronting onto Wilmslow Road within close proximity to Sainsbury's, McDonalds, Abdul's and Nandos. Monthly turn over in excess of £21,500.00 per month.

Excellent investment opportunity

The property which has been recently refurbished comes with valid A3 consent is a ground floor retail unit offering a large sales area plus storage space and W.C with useful dry basement. Internally the property is fitted out as a hot food restaurant with large seating area for 24, fitted commercial kitchen to rear and strip fluorescent lighting and CCTV. Externally the property has recently fitted metal framed double glazed windows and is protected by fitted automatic steel security shutters.

Basement 520 sq ft (50.5 sq mtr)
Ground floor 722 sq ft (67 sq mtr)

TOTAL Approx. GIA 1242 sq ft (117.5sq m)


Business operation.

The business has a liquor license serving until 11.00pm with operating hours;
Sunday to Thursday 11.00am to 12.00am
Friday & Saturday 11.00am till 1.00am (although can operate until 4.00am)

The owners of the business have an established delivery service which has been in operation for approximately 2 years and this accounts 40% of the revenue with potential to increase. A current agreement is in place with Just Eat and have also partnered with Yo Yo which is a commission free order delivery service with a monthly standing charge of £30.00. Orders can be placed via mobile apps as well as P.c's.

Tenure:
Leasehold: By way of FRI lease with the rental of £15,000 per annum with a pending rent review likely to be within 10 % increased margin.

Estimated rates for 2017/18
Ratable value £ 5600
Rates payable £475.00 (on commercial entity only). Based on small business rates

VAT
All prices, rents and outgoing costs are exclusive but may be liable for VAT.


Accommodation Comprising 

Shop 

More information from this agent

Nearest stations

  • Mauldeth Road (0.7 mi)
  • Levenshulme (1.1 mi)
  • Burton Road (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

C & R Properties Ltd, Hulme

Meridian Square Stretford Road Hulme Manchester M15 5JH

0161 468 0579 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

C & R Properties Ltd, Hulme

Meridian Square Stretford Road Hulme Manchester M15 5JH

0161 468 0579 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Mauldeth Road (0.7 mi)
  • Levenshulme (1.1 mi)
  • Burton Road (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

C & R Properties Ltd, Hulme

Meridian Square Stretford Road Hulme Manchester M15 5JH

0161 468 0579 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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