Ref 6300 – Leasehold Restaurant Opportunity Blacks Brokers are pleased to bring to the market this leasehold restaurant opportunity located in a popular residential area of Wythenshawe, Greater Manchester. Introduction
200 Yewtree Lane (Previously Raoshi Restaurant) is a spacious, detached property which was renovated to accommodate four business areas – two on the ground floor and two on the first floor. This proposition is for the ground floor business space that must re-open as a restaurant. The other businesses occupying this property are a banqueting suite and another restaurant – these potentially offer unique opportunities for hosting weddings, parties and events all within one building. Location
The property is positioned close to the junction of Yewtree Lane, Sale Road and Sale Moor. This area is densely populated residentially, with a large school close by. It is well linked by the M60 and the property has a large, gated car park. There is additional roadside parking in the immediate area and public transport links are excellent. Lease
The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The new lease will be fully negotiated with our client. It will run at a cost of £192 per week with a premium of £15,000 – however, three months upfront rent will be required. Our client will look to incentivise the new lease depending on a new tenant’s requirements. Building layout and design
The restaurant is positioned within the ground floor of a very large, detached building with gated car park. Inside, as mentioned above, there are four main areas each accommodating separate businesses. This business space is very well presented both externally and internally. It has a main dining area offering seating for 80. This has tiled flooring throughout and modern, tasteful décor with a combination of free-standing and booth style seating in place. There are male and female toilet facilities and a staff wash room. The kitchen is a fully-equipped catering kitchen with commercial freezer, double fryer, grill, three-hob burner and much more. All areas are finished to a high standard and there is very little work for a new owner to complete before re-opening. Summary
This leasehold proposition offers an exciting restaurant opportunity for a new owner – the property is placed perfectly within a busy and much sought-after area of Wythenshawe and is very well presented and finished. The space can only accommodate a restaurant and has successfully housed this type of business for many years. Our client is open to negotiation of the lease agreement and already has the required A3 licencing in place. Early viewings are strongly advised. Business: £25,000.
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