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leasehold

£189,950

Greater Manchester - FT4023

  • Weekly Takings:£11000
  • Annual Rent: £25000
  • Accommodation: Yes
  • Bedrooms:3
  • Seating:Yes
  • Seating Capacity:40
  • Lease Years: 15
  • Deliveries: Yes
  • Staff/Management Run: No
  • Seating:Yes

Description

An exceptional opportunity to acquire a long-established and immaculately presented fish and chip takeaway and restaurant located on the outskirts of Manchester, with excellent transport links into the city centre.

The Friary has been owned within the same family for over 50 years and underwent a comprehensive refit approximately three years ago. The business is presented to a very high standard throughout and comprises a busy takeaway together with a 40-seater restaurant.

Average weekly takings are approximately £11,000, achieved from just five days trading per week, with the business currently open Tuesday to Saturday from 11:30am to 7:30pm and closed Sunday and Monday. There are no late-night openings, offering further scope for a new owner to extend trading hours if desired.

The business benefits from a strong high-footfall location and sees significant increases in trade on match days from the nearby stadium. Although delivery apps are used, they account for only around 5% of weekly sales, with the majority of trade generated through walk-in and restaurant customers.

The premises are superbly fitted and equipped, with a 4-pan Florigo island frying range forming the centrepiece of a comprehensive inventory. The menu is based around traditional fish and chips and the overall business has been maintained to an excellent standard.

Above the shop is a spacious and recently refurbished 3/4-bedroom flat, providing excellent owner’s accommodation.

The business is available on either of the following terms:

Leasehold – £189,950.
A new 15-year lease is available at a rent of £25,000 per annum, to include the shop and residential accommodation.

Freehold – £599,950

A rare opportunity to acquire a highly established business with excellent weekly takings, attractive accommodation and considerable further potential. Viewing is essential.

Mandens Ref: FT4023
Sole Agents

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