73 Hospitality, 73 High Street, Uppermill, Oldham, OL3 6AP
- SIZE
Ask agent
- SECTOR
Restaurant for sale
Key features
- Turnkey Investment Opportunity
- Highly regarded and affluent location
- 120 covers over 4 floors
- Fabulous all weather al fresco dining
- Net t/o July 2023: £1,500,000
- 10 year protected free of tie lease. Energy Rating C
- Christie & Co Ref: 5665004
Description
A double fronted four storey end of terrace of stone elevations beneath a predominantly pitched tiled roof line with customer seating over all four floors, and the advantage of an excellent outdoor dining area to the front elevation.
LocationThe business is prominently located on the high street within the Greater Manchester area.
Internal DetailsGround floor (c. 75sqm) with natural exposed beams, wooden flooring, free-standing tables & chairs, product display area, bar/food preparation area. Staircase to;
First floor (c. 62sqm) with stylish corner mounted bar servery and food preparation area, glass panelling, fixed leather back seating, free-standing tables & chairs, exposed beams, and wooden flooring. Staircase to;
Second floor (c. 60sqm) stylish split level open-plan trade area, fixed leather seating, free-standing tables & chairs, feature exposed beam ceiling, projector & screen, three customer wc's.
Basement area (c.102sqm) with leather back booth seating, wooden tables & stools, wooden flooring, ceiling down lighting, two customer wc's, basement store and cellar.
All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.
External DetailsExternally the property benefits from a superb all weather covered outdoor seating area with stone paving, free-standing tables & chairs.
Yard to side with bin store.
Our client is looking to sell part of the shareholding to an investor to allow the business to continue to grow and enable the current owner to continue to concentrate on other parts of the business.
Trading InformationManagement accounts provided by our client show a turnover to July 2023 in excess of £1,500,000.
TenureLeasehold. Free of tie 10-year lease subject to five-year reviews at a current rent of £34,500 per annum, with an option for another 10 years.
Business RatesThe Rateable Value is £56,000 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.
RegulatoryPremises licence.
Energy Performance Certificates
EPC 1Brochures
73 Hospitality, 73 High Street, Uppermill, Oldham, OL3 6AP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Greenfield Station0.8 miles
- Mossley Station2.8 miles
- Derker Tram Stop4.0 miles
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Notes
Disclaimer - Property reference 5665004-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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