Turkish Cafe Restaurant & Takeaway in heart of Manchester City Centre
City of Manchester, Manchester
- Status
FOR SALE
- Date Submitted:
10/07/18
- Advert ID
224389
- Leasehold: £120,000
- Turnover: £280,000 £5,385 Per week
- Net Profit: N/A
Business Details
The property occupies an excellent corner position at the junction of the A56 Great Ducie Street/Bury New Road and in the heart of busy Cash & Carry area. The A56 provides immediate access to Manchester city centre. five minutes walking distance from Manchester Arena with a free secure car parking space. Also, it is surrounded by hotel chains and businesses.
Leasehold Licensed Turkish Cafe Restaurant & Takeaway Located in Manchester town on a busy main road.
Restaurant with ground floor dining area. Kitchen & Bar is also located on the ground floor. First floor with four offices and already tenanted they can be either transferred or offices can be vacated. Extensive catering kitchen. Free car parking at the rear and side street.
Annual Turnover of £280,000
Weekly takings between £5000 to £6500
Seating For 54
Retirement Sale.
LEASE.
The building is available on competitive rent. This is the most common form of commercial property lease. The new lease will be a 10 to a 20-year lease with rent reviews every five and will begin when the business sale completed. The lease will run at a cost of £480 Vat per Week.
Recent rates for the property is £5400 per year, £103 per week.
The Business has been trading on Great Ducie Street since 2012. The business is well established to meet local demand for a business of this nature. The business has a superb reputation and large, repeat customer base from different locations also close to Green Quarter’s apartments which are a large number of residential flats. The business has an online ordering system and a delivery service in partnership with Deliveroo, Just Eat, and Uber-eat. The business has secured a strong online and social media presence, with almost 1400 Facebook followers and the business has earned an excellent reputation with a number of excellent online reviews noted on Trip Advisor, Google and Facebook. The business has a 5* hygiene rating in place.
The premises could suit a variety of cuisines. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Fixtures & Fittings:
Commercial Coffee machine.
Coffee Grinder.
Turkish Tea & Coffee Machine.
Commercial Canopy X 2
Grill.
Pizza Oven.
4 hob range.
Double Fryer.
Double sink.
Dishwasher.
Microwave.
Commercial walk-in freezer 260cm X 200 cm.
Commercial double fridge X 2
Drink fridge X 2
Under Counter Drink fridge.
Stainless steel worktops.
Stainless Steel tables.
Display Fridge.
Flat TV.
Desert Fridge.
Bain-marie.
Air Condition.
Ice Maker 10 lt.
Various Small Kitchen Appliances.
Doner Kebap Machines X 2
Till.
Shutters.
Opening Hours:
Open seven days a week 11 am-10 pm.
Website
Key Features
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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