Spacious and Recently Refurbished Restaurant Asset Sale in Manchester

Ashton-Under-Lyne, Manchester
REF: R07865

Asking Price:
£15,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
REF: R07865

Overview

Tenure:
Leasehold
Established:
2018
  • Fantastic reputation
  • Spacious, well-equipped premises
  • Recently refurbished

Intelligent is pleased to present an exciting asset sale of an Italian pizzeria restaurant in Ashton-Under-Lyne, Greater Manchester.

Because this is an asset sale only, the existing business itself is not included in the sale. Instead, the buyer will be acquiring an exquisite restaurant venue, its lease transfer, and its restaurant foundation making this a purchase which comes with exceptional value for money.

Boasting an enormous recent refurbishment at a significant cost to the vendor, the restaurant is ideally located in the popular Ashton Leisure Park in Greater Manchester. Nestled amongst household brands in the catering and retail sectors, the restaurant benefits from a consistently high level of footfall. The multi-million-pound refurbishment has been completed to a magnificent standard, featuring high-quality fixtures and fittings throughout.

This is a prime opportunity to take over a food establishment which offers an immediate return on investment.

Located in Ashton Leisure Park, 900 Degrees’ neighbours include Cineworld, Hollywood Bowl, TGI Fridays, Costa Coffee, Five Guys, McDonald's, Harvester, Chiquito, Nando’s, Frankie & Benny’s, KFC, Sainsbury’s, Marks & Spencer, and Ikea. The restaurant’s interior has been tastefully refurbished and decorated, featuring exposed brick walls, cosy leather booths, and a large bar area. Although the restaurant currently specialises in Italian cuisine, the venue could easily be adapted to suit an alternative culinary fare.

The asking price incorporates an extensive array of booths, Signage, Bar set up, parasols and heaters, Walk in Fridge, Interlock Gas system, tables & Chairs, an office, ventilation, W/Cs, CCTV, ceiling speakers, alarms, and storage. A full, itemised inventory is available upon request. Unfortunately, however, a transitional period is not available with this sale.

This is the perfect opportunity for the operator of a large chain of restaurants to obtain excellent restaurant premises which benefit from a multi-million-pound refurbishment.

The immaculate presentation of the premises has prepared the buyer for immediate use of the space, allowing them to instead concentrate on how they can grow their business activity within this new restaurant venue. A key method to achieving further growth of the buyer’s enterprise is to conduct an advertising campaign which seeks to raise awareness amongst the local community about the new food establishment available at Ashton Leisure Park. They may also consider hosting events to introduce an additional stream of income, effectively utilising the large space available. Further options for developing a business in this venue include introducing a new menu, offering outside catering, or expanding opening times to increase capacity and overall appeal of the restaurant to customers.

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  • Leisure park location
  • Other businesses nearby
  • High footfall
  • Nearby car parking
Rent
£120,000
Rates
£0
Lease Term
15
Lease Expiry
2033
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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