Restaurants in M1 available for sale
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Restaurant for Sale near M1, Manchester

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More details for 33 Back Piccadilly, Manchester - Retail for Sale

Rat & Pigeon - 33 Back Piccadilly

Manchester, M1 1HP

  • Retail for Sale
  • £885,000
  • 2,628 sq ft
  • Security System

Manchester Retail for Sale

Located in the city of Manchester in the Northern Quarter district of the city, 35.3 miles (56.5 kilometres) east of Liverpool and 44.4 miles (71.0 kilometres) south west of Leeds. The Rat & Pigeon is situated at the intersection between Back Piccadilly and Little Lever Street in centre of the Northern Quarter and a short distance from Piccadilly Gardens. Nearby occupiers includes Piccadilly House (JD Wetherspoon), Popeyes, Five Guys and Pret. Freehold public house investment for sale let until July 2043 at a current rent of £66,950 per annum The property comprises the ground, basement and two upper floors of a three storey corner building with painted brick elevations beneath a pitched roof. Freehold public house investment Entire property let to M1 1HP Ltd Property arranged over four levels: basement, ground, first and second floors Current rent of £66,950 per annum The rent is subject to five yearly open market reviews (from the 10th anniversary) and annual RPI increase with a collar of 1% and a cap of 4% (except in the open market review year) We are instructed to invite offers in excess of £885,000 (7.16% NIY) Lease expires July 2043 Site extending to 0.026 acres Business unaffected by sale Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and bench seating for 50 customers. Ancillary areas include a trade kitchen, customer WC's and stores to the rear. First Floor: The first floor comprises a venue for 65 customers with a bar servery and small lounge. Second Floor: The second floor comprises a games room and a further public bar with seating for 40 customers alongside a band room and WC. Basement: The basement provides a cellar, office and stores. The entire property is let to M1 1HP Ltd on a 20 year lease from 13 July 2023 at a current rent of £66,950 per annum which is subject to five yearly open market reviews (from the 10th anniversary) and annual RPI increase with a collar of 1% and a cap of 4% (except in the open market review year). A rent deposit of £14,646 is held by the landlord.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

30/03/2026
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Restaurants for Sale Within 5 miles of the M1, Manchester

More details for 936-938 Stockport Road & Farm Yard – for Sale, Manchester

936-938 Stockport Road & Farm Yard

  • Mixed Types for Sale
  • £1,500,000
  • 2 Properties | Mixed Types

Manchester Portfolio of properties for Sale

Uncover excellent redevelopment potential at this prominent corner property fronting Stockport Road (A6) on the corner of Albert Road (B5093). The property is located along a busy high street in a town centre position adjacent to Levenshulme train station, enjoying access from Stockport Road, Albert Road, and Farm Yard. The building comprises substantial residential or office conversion, subject to necessary planning consents. There is also a large car park and yard area to the rear. Following a significant redevelopment, the property would suit a range of uses under the A3 use class (restaurant), including an ice cream bar, Peri-Peri Chicken, Turkish & Asian Grill, Asian Cuisine, and many more, operating under the opening times of 11 am to 2 am. The property would also be well-suited for use as a banquet hall. The property enjoys a comprehensive seating area accommodating up to 142 seats over the ground and first floor, with the first-floor function room offering up to 125 seats. The site also benefits from extensive parking provisions of up to 50 cars in the rear car park and free, council-owned parking available opposite. Having already housed a restaurant use, the property boasts two dummy waiters reaching from the kitchen to the first floor, with air-conditioning also installed throughout. Capitalise on the attractive footfall generated by the area and join a host of diverse amenities, including cafes, bars, and shops, along this busy thoroughfare. Occupiers and visitors can easily travel to the site, utilising the site's car parking provisions and excellent nearby road network, alongside greener travel options from Levenshulme train station. Offers over : £1,500,000-00 by email (rauk2018@gmail.com)

Contact:

Kingston Estates

Property Subtype:

Mixed Types

Date on Market:

22/08/2024
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FAQs about Restaurants For Sale in M1

See All Restaurants For Sale
How many Restaurant listings are available for sale in M1?
There are currently 1 Restaurants available for sale near M1. These M1 Restaurant listings have an average size of 2,628 sq ft. The largest available listing in M1 is 2,628 sq ft. The thriving commercial centre and excellent transport links in M1 make it an ideal location for businesses to find suitable Restaurant for sale.
How much does it cost to buy a Restaurant in M1?
The average price/SF for Restaurant for sale in M1 is about £248. The cost per sq ft for Restaurant in M1 ranges from £248 to £248, depending on the location and the size of the property.
What factors could affect the prices of Restaurants in M1?
Several factors can impact the price of Restaurants, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £248 to £248 per square foot.
What is the largest Restaurant available for sale in M1?
Currently, the largest Restaurant available to buy is 2,628 sq ft and the smallest is 2,628 sq ft. The average size of Restaurant available for sale in M1 is approximately 2,628 sq ft.

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