Wakuwaku, 54 Portland Street, Manchester, M1 4QU
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Tenure
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- Primary use
- Restaurant
Key features
- 2D Japanese style restaurant
- 40 covers
- Viral restaurant concept
- £31,200 rent with new lease possible
- Turnover '25 - £1.2m
- EPC Rating - C
- Annual rent: £31,200
- Christie & Co Ref: 5665050
Description
Wakuwaku is one of Manchester's most distinctive hospitality venues and is widely recognised as the UK's first dedicated 2D Japanese restaurant. The concept has garnered significant attention thanks to its immersive hand-drawn interior, which transforms the entire venue into a monochrome, illustrated environment. Created over many months by the owners themselves, the design extends across the walls, ceilings, fixtures and furnishings, delivering a truly unique customer experience and a highly marketable social media presence.
LocationThe premises occupies a prominent city centre position on Portland Street, one of Manchester's principal leisure and hospitality destinations. The property is situated moments from Chinatown, Piccadilly Gardens, Oxford Road and St Peter's Square, benefiting from strong pedestrian footfall throughout the day and evening from office workers, students, tourists and shoppers. The surrounding area is home to a diverse mix of independent operators, national brands, hotels and entertainment venues, making it a highly sought-after trading location.
Internal DetailsThe premises provide approximately 35-40 covers within an open-plan customer dining area incorporating a feature bar and service counter. To the rear is a fully fitted commercial catering kitchen together with ancillary storage accommodation and customer toilet facilities. The venue is presented to an excellent standard throughout and is equipped to continue trading immediately, offering purchasers a genuine turnkey opportunity requiring minimal additional capital expenditure.
Fixtures & FittingsWe have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory.
The OpportunityThis represents a rare opportunity to acquire an established, highly profitable and fully operational hospitality business in the heart of Manchester city centre. The business benefits from a loyal customer base, strong brand recognition and a unique proposition that is difficult to replicate. The operation can be run fully staffed, making it suitable for both owner-operators and arms-length purchasers seeking a managed business model. The current lease expires in 2029, with the potential for a longer-term commitment available subject to landlord approval. Opportunities to acquire a profitable, fully fitted restaurant with such a distinctive identity in a prime city centre location are exceptionally rare.
Trading InformationTurnover '25 - £1,189,414
GP ' 25 - £707,207 (59.5%)
Adj Nett '25 - £110,883 (9.3%)
Tuesday - Saturday - 12.00pm - 10.00pm
Sunday - 12.00pm - 9.30pm
The Rateable Value is £22,000 with effect from April 2026. Confirmation of actual business rates payable should be obtained from the local authority.
RegulatoryPremises License
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- Business rates
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- Listed building
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- Business for sale
- Yes
- Tenure
- Leasehold
- Length of lease
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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Brochure
Wakuwaku, 54 Portland Street, Manchester, M1 4QU
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Disclaimer - Property reference 5665050-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.










