Restaurants in M45 available for sale
3

Restaurants for Sale near M45, Manchester

Restaurants for Sale Within 5 miles of the M45, Manchester

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

Hide
See More
More details for 1 Glynne St, Bolton - Retail for Sale

Shakespeare (Pub) - 1 Glynne St

Bolton, BL4 7DN

  • Retail for Sale
  • £550,000
  • 3,658 sq ft
See More
More details for 252 Grimshaw Ln, Manchester - Retail for Sale

Victoria Hotel - 252 Grimshaw Ln

Manchester, M24 2AL

  • Retail for Sale
  • £550,000
  • 4,453 sq ft
See More

FAQs About Restaurants For Sale in M45

See All Restaurants For Sale
How many restaurants are currently available for sale in M45?
There are currently 0 restaurant properties available for sale. Sizes range from to , with an average size of.
How much does restaurant property cost in M45?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, trading potential, fit-out quality, size and local demand.
What factors influence restaurant property values?
Location, footfall, visibility, accessibility, seating capacity, kitchen facilities, extraction systems and trading history can all influence value. Properties with established fit-outs or strong trading locations may attract additional buyer interest.
What sizes of restaurant property are available?
Available properties range from to , with an average size of. Opportunities may suit independent operators, expanding hospitality businesses and larger restaurant groups.
What should I consider before buying a restaurant property?
Important considerations include location, customer footfall, visibility, kitchen specification, extraction systems, storage space, licensing requirements, accessibility and future operating costs. Buyers should also assess the property's suitability for their concept and target market.
Can I buy a fully fitted restaurant?
Some restaurant properties are sold with an existing fit-out, including kitchen equipment, extraction systems, seating areas and customer facilities. Others may require refurbishment or a complete reconfiguration before opening.
Do restaurant properties require specific licences?
Depending on the intended operation, licences may be required for alcohol sales, late-night trading or entertainment. Buyers should verify existing licences and understand any local authority requirements before completing a purchase.
Can I change the use of a restaurant property?
Many restaurant properties fall within Use Class E, which may allow flexibility between restaurant, café, retail, office and other commercial uses. However, any proposed change should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review planning permissions, licences, title documents, building condition reports, environmental matters and any existing operational infrastructure. Professional legal and surveying advice is recommended before proceeding.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance, refurbishment works and any upgrades required to meet operational or regulatory standards.
Can restaurant properties be attractive investments?
Restaurant properties can generate income through occupational leases and may benefit from strong locations with consistent customer demand. As with any investment, buyers should assess tenant quality, lease terms, local market conditions and long-term growth prospects.

Discover More Restaurants for Sale in the M45, Manchester

LoopNet - the worlds No. 1 commercial property marketplace.