Restaurant Premises located in the ever more popular Northern Quarter district of Manchester City Centre
Summary
- Northern Quarter location
- Short walk to Arndale Centre
- Substantial premises
- Ground floor & basement seating areas
- Newly fitted kitchen
- Presented to a high standard
- True Turn-key opportunity
Accommodation
The accommodation comprises the following areas:
| Floor/Unit | Description | sq ft | sq m |
| Ground | Restaurant/Kitchen | 910 | 84.54 |
| Basement | Restaurant/Storage | 936 | 86.96 |
| Total | 1,846 | 171.50 |
Location
The property is located on back Turner Street in Manchester's historic and increasingly popular Northern Quarter within Manchester City Centre.
Located opposite the Arndale Shopping Centre and close to Manchester Printworks, the immediate area is home to many popular restaurant, café and retail operators, creating a vibrant atmosphere and driving footfall to the area.
All of the usual City centre transport facilities are available and are within short reach of this property.
Other nearby occupiers include Pupa Restaurant & Bar, Kabana Indian Restaurant, Evuna NQ & Saan 1 Art Gallery.
Get directions from Google Maps
Mainline Stations
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Manchester Victoria7 mins
-
Manchester Piccadilly10 mins
-
Manchester Oxford Road14 mins
-
Salford Central14 mins
Underground Station
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Chesham2714 mins
-
Amersham2753 mins
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Chalfont and Latimer2778 mins
-
Chorleywood2811 mins
Further Information
Price £375,000
Rent £30,000 per annum
Service Charge £5,009 per annum Current years service charge
EPC Rating This property has been graded as C (51)
Description
The property is a four-storey commercial unit of brick construction. The available space for sale is the ground floor and basement which is currently occupied by restaurant chain ‘What The Pitta’.
Internally the unit provides an entrance foyer with serving counter to the front, with a largely open plan fitted kitchen beyond and a generous open plan dining/seating area off. The basement is accessed via feature staircase from the foyer and leads to a further generous seating and dining area, with customer W/C facilities and storage off. Beyond the storage area is ancillary space including an office and staffroom to the rear.
The premises is presented to a very high standard throughout, with original stripped pine floors to the ground floor restaurant and feature tiles to the kitchen, W/C facility and basement floor. The kitchen is fitted out to a high standard with the usual stainless steel fixtures and fittings plus a good sized walk in chiller off. Feature exposed brick walls are also found throughout the building which further add to the charm of the building.
This premises provides a true ‘Turn Key’ opportunity for an incoming purchaser, whether they be an owner occupier or investor, with the premises having an ERV of £30,000.
Terms
The premises are available on a new effective FRI (fully repairing and insuring) lease for a minimum of 10 years with upward only rent review at the end of every third year and all other terms to be agreed.
Business Rates
Rateable Value (2023 List) - £23,750
Interested parties should make their own enquiries with the local rating authority regarding the retail and hospitality rates relief scheme. The scheme currently provides 75% relief until the end of March 2025. From 1st April 2025 this will reduce to 40%.
Sale Terms
Offers invited over £375,000 for the long leasehold interest (999 years from 1st January 2008)
Gallery
