179 School Lane, East Didsbury, Manchester, M19 1GN
Size
1,284
Tenure
Leasehold
EPC
Parking
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- Primary use
- Café
- Other use(s)
- Restaurant
Key features
- Prominent high traffic area
- Fully refurbished to an excellent standard
- Located on the Corner of Kingsway and School Lane
- Turn key opportunity
- Double frontage providing two separate business opportunities
- High quality fixtures and fittings included
- East Didsbury location
Description
The restaurant has been fully refurbished in the last 5 years at a cost of circa £350,000 by the present occupiers and provides a contemporary and vibrant takeaway premises with seating for 12, serving counter, good sized kitchen with washing area and walk in fridge, staff toilets, storage room, and separate dessert counter fronting School Lane.
Situated in a prime position on the corner of Kingsway (A34) and School Lane along a parade of local retailers in an otherwise residential location. The property is within walking distance of Didsbury town centre, one of South Manchester's most affluent leisure and residential locations.
Manchester City Centre is situated approximately 6 miles to the north with excellent transport links, being located approximately 2 miles from the M60 motorway.
The premises are available by way of an assignment of the existing 20 year effective FRI lease from 8th June 2021. The lease is subject to 5 yearly rent reviews and mutual break options.
The outgoing tenant is seeking offers over £80,000 for this ‘turn-key’ opportunity with the majority of fixtures and fittings to remain. An inventory can be provided on request to potential purchasers.
The passing rent is £22,500pa, rising to £23,500pa from 8th June 2028, with rent payable on the usual commercial quarter dates
Rateable Value (2026 List) - £23,500
Rates Payable are believed to be in the region of £5,665.25 based on a rate of 38.2p/£ (Small Business RHL Multiplier) with transitional relief and small business support currently available.
Each party are to be responsible for their own legal costs incurred in this transaction.
We understand that VAT is not applicable to the rent on this property.
- Service charge
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- Business rates
- £5,665
- Use class
- E
- Listed building
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- Tenure
- Leasehold
- Length of lease
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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179 School Lane, East Didsbury, Manchester, M19 1GN
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