Sovereign are delighted to welcome to the market this beautifully presented eatery with chic waterside terrace, based in the Great Ancoats area of Manchester City Centre. Recently voted one of the best eateries in Greater Manchester by the Manchester Evening News & featured in The Guardian, it is hailed as one of the top hidden gems in the city by food bloggers. This exceptional business is only for sale due to our client’s wish to concentrate on their other business commitments.
Great Ancoats is a vibrant area of Manchester & is a busy hive of activity. It is renowned for its restaurant and cafe culture, housing some of the city’s liveliest music venues as well as its emporiums and independent shops. Many young professionals also live within the Great Ancoats triangle, adding to the vibrancy of the area.
Following a recent impressive refurbishment with no expense spared, the premises are on trend, immaculate and in perfect ‘walk in’ condition. With floor to ceiling windows and internal seating for over 40 covers, it makes the perfect venue for celebrations and private hire. The business also comes with a complete high specification inventory meaning that little if no further investment is required.
Our clients have built up an enviable reputation locally for high quality cuisine, boasting an extensive & loyal client base, high volumes of repeat trade and word of mouth referrals.
The business currently trades only 6 evenings a week. Therefore there is vast scope to increase turnover by extending the current opening hours as well as expanding the range of cuisine offered. The new owner could also embark on a marketing campaign, harnessing social media and introducing a local online delivery service.
This is an excellent opportunity for the new owner to take this already thriving and successful business to the next level; therefore, early viewing must come highly recommended.
- Business ID:2783
- Average Weekly Sales Circa £6,500
- Scope For Delivery Service and Increased Trading Hours
- Prime City Centre Affluent Location
- 40+ Covers Immaculate Refurbished Interior
- High Specification and Valuable Inventory
- Enviable Reputation
- Loyal Client Base
- Attractive New Lease Terms Offered
Business ID: 2783
Price: £155,000 +SAV
Annual Turnover: £338,000
Business Category: Bars & Restaurants
Location: Greater Manchester
Living Accommodation: No
EPC Rating: D
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