Restaurants in M50 available for sale
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Restaurant for Sale near M50, Salford

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Restaurants for Sale Within 5 miles of the M50, Salford

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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FAQs about Restaurants For Sale in M50

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How many Restaurant listings are available for sale in M50?
There are currently 0 Restaurants available for sale near M50. These M50 Restaurant listings have an average size of. The largest available listing in M50 is. The thriving commercial centre and excellent transport links in M50 make it an ideal location for businesses to find suitable Restaurant for sale.
How much does it cost to buy a Restaurant in M50?
The average price/SF for Restaurant for sale in M50 is about. The cost per sq ft for Restaurant in M50 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Restaurants in M50?
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 to per square foot.
What is the largest Restaurant available for sale in M50?
Currently, the largest Restaurant available to buy is and the smallest is. The average size of Restaurant available for sale in M50 is approximately.

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