Spacious and RecentlyRefurbished Restaurant

Asset Sale in ManchesterR07865

Key Financials

Turnover TBC

Net Profit TBC

Rent £120,000

Rates N/A

Stock Value £0

Key Points

Fantasticreputation

Spacious, well-equippedpremises

Recentlyrefurbished

Business Overview

Intelligent is pleased to present an exciting asset sale of an Italianpizzeria restaurant in Ashton-Under-Lyne, Greater Manchester.

Because this is an asset sale only, the existing business itself is notincluded in the sale. Instead, the buyer will be acquiring an exquisiterestaurant venue, its lease transfer, and its restaurant foundationmaking this a purchase which comes with exceptional value formoney.

Boasting an enormous recent refurbishment at a significant cost tothe vendor, the restaurant is ideally located in the popular AshtonLeisure Park in Greater Manchester. Nestled amongst householdbrands in the catering and retail sectors, the restaurant benefits froma consistently high level of footfall. The multi-million-poundrefurbishment has been completed to a magnificent standard,featuring high-quality fixtures and fittings throughout.

This is a prime opportunity to take over a food establishment whichoffers an immediate return on investment.

Tenure:

LeaseholdAsking Price:

£15,000

Location

More Info

Reason for SaleOtherbusiness

YearEstablished

2018

Lease Length 15

ManagementStructure

Run byowner

Full Financials TBC

EnergyPerformanceCert.

TBC

Leisure parklocation

Other businessesnearby

High footfall

Nearby carparking

Business DescriptionLocated in Ashton Leisure Park, 900 Degrees’ neighbours includeCineworld, Hollywood Bowl, TGI Fridays, Costa Coffee, Five Guys,McDonald's, Harvester, Chiquito, Nando’s, Frankie & Benny’s, KFC,Sainsbury’s, Marks & Spencer, and Ikea. The restaurant’s interior hasbeen tastefully refurbished and decorated, featuring exposed brickwalls, cosy leather booths, and a large bar area. Although therestaurant currently specialises in Italian cuisine, the venue couldeasily be adapted to suit an alternative culinary fare.

The asking price incorporates an extensive array of booths, Signage,Bar set up, parasols and heaters, Walk in Fridge, Interlock Gas system,tables & Chairs, an office, ventilation, W/Cs, CCTV, ceiling speakers,alarms, and storage. A full, itemised inventory is available uponrequest. Unfortunately, however, a transitional period is not availablewith this sale.

OpportunityThis is the perfect opportunity for the operator of a large chain ofrestaurants to obtain excellent restaurant premises which benefitfrom a multi-million-pound refurbishment.

The immaculate presentation of the premises has prepared the buyerfor immediate use of the space, allowing them to instead concentrateon how they can grow their business activity within this newrestaurant venue. A key method to achieving further growth of thebuyer’s enterprise is to conduct an advertising campaign which seeksto raise awareness amongst the local community about the new foodestablishment available at Ashton Leisure Park. They may alsoconsider hosting events to introduce an additional stream of income,effectively utilising the large space available. Further options fordeveloping a business in this venue include introducing a new menu,offering outside catering, or expanding opening times to increasecapacity and overall appeal of the restaurant to customers.

Gallery

Viewing

If this business is of interest to you, we recommend arranging a viewing.

All viewings are strictly by appointment through Intelligent Business Partners. Noapproach whatsoever should be made to the owner of the business.

What To Do Next

If you would like to find out more detailed information about this business, such ascopies of the accounts or have a specific question, please call 0800 612 7718.

To find out more about Intelligent, please visit our websitewww.intelligent.co.uk

Terms & Conditions: Misrepresentation Act 1967- Intelligent Business Partners for itself and the Vendor (s) or lessor (s) of thisproperty/business whose agent it is give notice that; 1. These particulars do not constitute any part of an offer or contract. 2. None of thestatements contained herein as to the property or business are to be relied upon as statement or representation of fact. 3. Any intendingpurchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars.4. The vendor(s) or lessor(s) do not make or give and neither Intelligent Business Partners limited nor any person in it employment has anyauthority to make or give any representation or warranty whatsoever in relation to the property. 5. None of the buildings services or serviceinstallation (where specific responsibility of the freeholder/business owner lessor or lessee) have been tested and are not warranted to be insafe working order. Finance Act 1989- Unless otherwise stated all prices and rents quoted (where applicable) are exclusive of VAT. PropertyMisdescriptions Act 1991- Every reasonable effort has been made by Intelligent Business Partners limited to ensure accuracy. Interested partiesare strongly recommended and advised to take appropriate steps to verify by independent inspection or enquiry all information for themselvesand to take the appropriate professional advice.