The Goods In, Stella House, Infant Street, Prestwich, Manchester, M25 1SS
- SIZE
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- 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
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.
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 DetailsOpen 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 & FittingsWe 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 DetailsOutdoor seating area (40 covers)
The OpportunityThe 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.
Turnover for the year ending 2024 - £397,118
Adjusted Net Profit - circa £63k
Monday - Tuesday - Closed
Wednesday - 10am - 4pm
Thursday - 10am - 9pm
Friday - 10am - 11pm
Saturday - 9am - 11pm
Sunday - 9am - 4pm
Leasehold
Tenancy10 year lease from 2019
Current rent - £19,500 reviewed every 3 years
FRI
Free of tie
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.
Premises licence
Energy Performance Certificates
EPC 1Brochures
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
Notes
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.
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