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Restaurant/cafe for sale

£9,995

74A Water Street, Radcliffe M26

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Property description

Business
Hilton Smythe are delighted to offer to the market a takeaway/restaurant formerly trading as steaks and shakes, Radcliffe. The business was established by our client 2 years ago, due to personal circumstance had to cease trading in February 2018.

The premises are well presented with bespoke decor, seating area with 10+ covers, large fully fitted commercial kitchen, separate storage and pot wash area, and 1st floor currently used as storage but could be converted into living accommodation.

Steaks and shakes built up an excellent rating on social media with lots of repeat custom. The main road location generates ample footfall. The owner is looking for an enthusiastic buyer, that is looking to bring the business back to its former glory.

The kitchen equipment and furniture are included in the sale, our client is happy to offer advice to the new buyer should they require. This is a fantastic opportunity in such a sought for location, with low rent and benefiting from being rates exempt.

We feel this business would suit a partnership, perhaps husband and wife team, or family. Early viewing is advised to avoid disappointment.

Location
The restaurant is located on Water Street (A665) Radcliffe, Manchester.

The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade.

The location of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

There are several Railway stations nearby the closest being Radcliffe rail station, just a 10-minute walk away. Also, there's a main bus link to and from surrounding towns such as Bolton and Bury.

The area is also well served by the a-roads, with the A665 and the A58 being within easy driving distance of the business, which links to the M60 motorway network

Premises
The premises have been recently refurbished, with high quality furniture and a fitted commercial kitchen. The assets hold a current value of £12,000.

Ground floor
Dining area
Modern designed restaurant with covers for 10+
American style furniture, wall art decor and bespoke lighting

Kitchen
Large open plan commercial kitchen, briefly comprising of:
Stainless steel worktops
Stainless steel sink
Storage cupboards and shelving
Gas oven, with hood
Fryer
Griddle
Gas Grill
Over-counter chiller
Tall Cake display stand
Ice-cream freezer
Milkshake machines
Bain-marie
Large menu boards

The business is secured with CCTV and metal shutters.

Tenure
Our Client owns the freehold, the lease term is negotiable. Rent of £6,200pa

Hours
The business is currently closed.

Staff

N/A


Financial Profile

N/A


What Zoopla users think of Radcliffe

Overall rating:

  • currently 3.5 stars
Good - 73% (108 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Radcliffe:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Kearsley (Manchester) (2.3 miles)
  • Farnworth (2.6 miles)
  • Clifton (Manchester) (3.0 miles)
  • Manchester International Airport (14.7 miles)
  • Liverpool John Lennon Airport (26.7 miles)
  • Blackpool International Airport (32.0 miles)
  • Liverpool Belfast Ferry Terminal Bootle (29.0 miles)
  • Liverpool Pier Head Ferry Terminal (29.5 miles)
  • Liverpool Isle of Man & Dublin Terminal (29.6 miles)

Nearby schools

View all schools in Bury
  • Gorsefield Primary School (0.1 miles)
  • St Mary's Roman Catholic Primary School, Radcliffe (0.2 miles)
  • Millwood Primary Special School (0.3 miles)
  • The Young Mums Unit (4.3 miles)
  • Youth Challenge Pru (5.7 miles)
  • Abbey College Manchester (6.7 miles)
  • The Derby High School (1.6 miles)
  • Elms Bank Specialist Arts College (1.7 miles)
  • Philips High School (1.8 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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