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Restaurant for sale in Fallowfield Manchester with 35 seats and outdoor dining available

Fallowfield, Manchester
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Restaurant in FallowfieldRestaurant in FallowfieldRestaurant in Fallowfield
  • Leasehold: £59,995
  • Turnover: £520,000 (£10,000 per week)
  • Profit: Not Applicable

Business Details

Restaurant in Fallowfield

Taking £10,000 per week
Rent £404 per week plus VAT
Seating for 35 with alfresco for 10
Car parking for 4
Prime location, end of parade, near student accommodation, bars & eateries
Alcohol License
Established in 2019
Hours of Opening: 5:00pm - 10:00pm Tuesday to Sunday, Closed Monday
10 year lease from 2022 with 3 year rent reviews

RESTAURANT: FALLOWFIELD: Located at the end of a parade in a prime location, surrounded by student accommodation, bars and eateries, benefitting from high levels of passing trade, taking £10,000 per week, rent £404 per week plus VAT.

LOCATION
Fallowfield is a bustling area of Manchester with a population of 14,869 at the 2021 census. Historically in Lancashire, it lies 3 miles south of Manchester City Centre and is bisected east–west by Wilbraham Road and north–south by Wilmslow Road. The former Fallowfield Loop railway line, now a shared use path, follows a route nearly parallel with the east–west main road (Moseley Road/Wilbraham Road). Manchester is a city in Greater Manchester, England. It borders the Cheshire Plain to the south, the Pennines to the north and east, and the city of Salford to the west.

This business is positioned in a prime location at the end of a parade, it is surrounded by student accommodation, bars and other eateries, benefitting from high levels of passing vehicular and pedestrian trade.

PROPERTY DESCRIPTION
Alfresco seating for 10, electric shuttered front, glass fitted unit, seating area for 35, W/C, 'L' shaped counter, open plan kitchen providing central preparation island, frying area, 6 burner oven, 5 burner Chinese water stove, cold storage, washing up area, dry storage, staff W/C, storeroom, 'attic' style storage and exit to bin area, 4 car parking spaces and store cupboard.

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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.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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