8/29/2018 | Restaurants

Manchester city centre restaurant comes to the market

Specialist business property adviser, Christie & Co has brought to the market the leasehold of a Manchester city centre site on Liverpool Road, currently home to a popular, contemporary Italian restaurant.

The restaurant occupies a prominent site on Liverpool Road, just off Deansgate, one of the main thoroughfares through the city centre, and close to a variety of shops, bars, and the Hilton hotel. Set across two floors, the modern venue offers an open plan trading area on the ground floor for 80 covers and further dining space on the lower ground floor for an additional 40. Alongside the substantial capacity inside, the venue also provides outside pavement seating for 30 covers.

Ideally situated, the site is within easy walking distance of Deansgate railway station, the city’s buzzing nightlife circuit at Deansgate Locks, the bustling commercial district of Spinningfields, and the popular Castlefield residential area, as well as being conveniently located for the planned St. John’s development by Allied London.

Currently open from 08:30 every day, the business captures the daytime and evening trade, catering to the variety of residents, corporate visitors and tourists in the thriving city. Due to its prime location, the restaurant sees exceptionally high footfall and opportunities for passing trade.

Current owner Chris Buckley is looking to sell the leasehold of the business having relocated to Lancashire and comments, “I have thoroughly enjoyed operating in Manchester City Centre and meeting some great people over the past six years, but I have made the decision to focus my attention in different areas.”

Keith Stringer, Director at Christie & Co based in the Manchester office, comments, “The location of the restaurant is paramount, and this opportunity could scarcely be improved. Being sited within such close proximity of Deansgate and with excellent transport links, we would expect the property to attract significant interest from both independent and group operators.”

3-11 Liverpool Road has been brought to the market through Christie & Co on a leasehold basis at an asking price of £95,000 with an annual rent of £50,000.