Skip to content

The Goods In, Stella House, Infant Street, Prestwich, Manchester, M25 1SS

Offers Over
£95,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Restaurant for sale

Key features

  • Turnkey Free of tie Restaurant & Bar
  • Expansive Open plan trade area (90)
  • Contemporary outdoor seating area (40)
  • Opposite Metrolink & Heaton Park
  • Turnover ’24 £397,000 Profits £63,000
  • 10 year protected lease, rent £19,500. Energy Rating B
  • Christie & Co Ref: 5665012

Description

Description

Situated in a former goods warehouse this cafe-bar provides a modern feel whilst retaining the industrial style. There is open plan seating for 90 covers inside and a 40 cover outdoor seating area.

Large reclaimed warehouse doors connect the two spaces and can be swung open during the warmer months to bring the outside in. A good sized bar area with rotating drinks options, coffee area and kitchen provide opportunity for day and evening trade.

Location

This prime location in Prestwich is directly opposite one of the main entrances for Heaton Park and Heaton Park Metrolink. There is significant passing trade from both. Heaton Park Metrolink station gives easy access to Manchester City Centre (15 min tram ride).

Internal Details

Open plan seating area (90 covers), bar area, kitchen with service hatch, snug/studio space, unisex and accessible toilets, woodburning stove, DJ booth and professional sound system, temperature conditioned cellar room for beer and ale storage.

Fixtures & Fittings

We have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory.

External Details

Outdoor seating area (40 covers)

The Opportunity

The Goods In already has a committed local client base and is also an attractive destination for out-of-towners. There is substantial passing trade from visitors to Heaton Park and a significant and growing footfall from concerts and events at the park that happen throughout the year (eg Parklife and Oasis) – a new tenant would be able to build on this opportunity. There is also great scope to increase the food offering. Additional income can be generated on the newly developing events side of the business and there have already been many successful and lucrative weddings, functions, pop-up markets and makers workshops.

There is an established and creative Instagram page and large following.

Trading Information

Turnover for the year ending 2024 - £397,118
Adjusted Net Profit - circa £63k

Trading Hours

Monday - Tuesday - Closed
Wednesday - 10am - 4pm
Thursday - 10am - 9pm
Friday - 10am - 11pm
Saturday - 9am - 11pm
Sunday - 9am - 4pm

Tenure

Leasehold

Tenancy

10 year lease from 2019
Current rent - £19,500 reviewed every 3 years
FRI
Free of tie

Business Rates

Current rateable value is £7,600 as of April 2023
This business currently benefits from small business rate relief.
Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises licence

Energy Performance Certificates

EPC 1

Brochures

The Goods In, Stella House, Infant Street, Prestwich, Manchester, M25 1SS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Heaton Park Tram Stop0.0 miles
  • Prestwich Tram Stop0.7 miles
  • Bowker Vale Tram Stop0.8 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5665012-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.

Map data ©OpenStreetMap contributors.