BAR RESTAURANT Lease for sale. Well established Chorlton Cafe Bar in Prime location, huge potential.

Chorlton cum Hardy, Manchester

Status

FOR SALE

Date Submitted:

11/02/20

Advert ID

256064
Leasehold: £125,000
Annual Turnover: £200,000
Annual Net Profit: N/A

Location:

This business is superbly located on the thriving Barlowmoor Road arcade, a strip of eclectic bars and restaurants in a large residential area buzzing with young professionals and students.

The business is perfectly located for high numbers of passing trade.

Premises Details:

Ground floor:

The premises comfortably seats 40 covers internally whilst the iconic 1920s parade at the front offers heated outdoor cover for a further 30.

Outdoor seating is available to the rear for another 30 in summertime, currently this area is partially covered with a retractable canopy. Potential to build further cover and use throughout the year.

For standing events/private parties etc 100 plus.

Business equipt with appliances ready to go.

Second floor: Two large rooms, a bathroom and a working kitchen.

Third Floor: One large room, one medium sized room.

Second and Thrid floors currently used by owners as office and studio space. Whilst the kitchen is used for the business on ground floor. Possible living quarters for an owner, or residential development (dependant upon change of useage) offers amazing potential for prospective buyers.

This business has already gained an excellent reputation within the area, achieving a 4.6 star rating on Facebook/4.4 on Google.

Leasehold.

10 year lease from April 2012 renewable under landlord act.

Leasehold rent 14,000 per annum.

• Taking £4,000 per week 200,000 per year.
• Rent £270 per week.
• Middle of busy & vibrant parade.
• Surrounded by shops, bars, restaurants and large residential area.
• Seating for 75-100.
• Fully staffed.
• Much sought after location.
• Huge potential for further development.
• High levels of passing trade.
• Hours of Opening 10:00am – 11:00pm closed Tuesday.
• 10 year lease from 2012.

Key Features
  • With Accommodation
  • Established Business
  • Close to Local Amenities
  • Prime Location
  • Attractive Business
  • Central Position in Affluent Village
  • Potential for Alternative Use
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