Commercial Building For Auction
Wilmslow Road, Fallowfield, Manchester, M14

Business not affected as only the commercial building is for sale.

TO BE SOLD BY AUCTION ON 18TH MARCH 2020

A rather unique opportunity for investors, which comprises a modernised bar & restaurant over the ground floor and basement of the property in the heart of the thriving Student area of Fallowfield, Manchester.

GIA circa 125 SQM (1,345 SQFT) over the two floors

The property produces an exceptionally good return on investment with future growth anticipated.

Location

Fallowfield is a suburb of Manchester, it lies 3 miles (5 km) south of Manchester city centre and is bisected eastwest by Wilmslow Road and northsouth by Moseley Road and Wilbraham Road.

The area has a very large student population. The University of Manchester's main accommodation complex the Fallowfield Campus occupies a large area in the north; these are adjacent to the university's Owens Park halls of residence and the Firs Botanical Grounds.

Overview

The lot on offer is the ground floor and basement of the newly refurbished "HQ Grill Bar & Restaurant", which is sold with according to the owners the benefit of an income producing lease which has recently been signed for a 3 year lease for £1,850 per month from the same tenant, with 3 moths deposit. (to follow in legal pack)

This unit is one of the largest in terms of ground floor and basement area, has at least 60 covers and was granted A3/A5 and alcohol licence, there is a restriction on change of use for food business in this area, so this is a very good opportunity for investment as limited units are left with food and alcohol licence. The unit has been extended at the rear historically.

Notes

Please do respect the privacy and quiet enjoyment of the tenant and we respectfully request that any interested party contact the agent directly to arrange inspections where required. EPC rating C (75)

Who, When, Where?

Edward Mellor Auction
For Auction on the 18th March 2020
Sheridan Suite, 371 Oldham Road, Manchester, M40 8RR

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