Offers in region of
£165,000
(£52.77/sq. ft)
Leisure/hospitality for sale32 Beech Road, Chorlton-Cum-Hardy, Manchester M21
3,127 sq. ft
Leasehold
About this property
Outstanding suburban setting on Beech Road
Corner South facing position
External covered terrace
Excellent fit out including bi-fold doors to terrace
Fully fitted and functioning kitchen and extract
Basement and first floor storage
Description
The property is positioned on the north side of Beech Road, near Chorlton Green.
Beech Road stands out as one of Chorlton's most desirable areas, boasting an array of charming bars, pubs, restaurants, and boutiques. It's just a third of a mile southwest from central Chorlton. Nearby attractions include The Beach Inn, The Chorlton Green, and The Horse & Jockey.
The property features a fully operational food and beverage venue, spanning the ground, basement, and first floors. It includes a spacious covered terrace for outdoor dining.
The ground floor boasts a principal dining area with an inviting bar, two separate WCs (one accessible), and an extensive kitchen designed for high-volume service.
Outside, there's additional covered space housing a walk-in refrigerator, dry storage, and a pot washing zone.
Storage facilities are available in the basement alongside a well-equipped beer cellar. The first floor is independently accessible from the side of the property and offers supplementary storage; it was historically used as residential accommodation.
Fixtures & Fittings
A number of items are on hp such as fridges and tills and these will be returned to the respective loan companies. The property includes the following:
1 x Blue seal 6 burner hob/gas oven
1 x Double Gas chargrill
1 x Ambrogi gas dome pizza oven
1 x Blue deal turbo fan combi oven
1 x Cobra double basket fryer 20 litre
1 x Silea 30k pizza dough mixer
1 x Double freestanding fridge
2 x Single freestanding fridge
1 x Marble top 3-door pizza fridge
1 x Steel top 3 door prep fridge
2 x Single steel blizzard fridge
4 x Various-sized steel benches
2 x Microwaves
Interlevin walk-in fridge
Invertek kitchen cooling and extraction system
Steel double pot wash sink
80 litre grease trap
1 x Monroc double-head coffee machine
2 x Cocktail bar stainless steel stations with ice wells and bottle racks
Heineken Smart Dispense 5-line beer cooling system
Pepsi/Britvic bag-in-box 4-line dispenser
Marstair cellar cooling system
Hkvision 14-channel/camera CCTV
2 x Samsung ceiling air conditioning units
All furniture and crockery
Lease
The property is held by way of a ten year full repairing and insuring lease commencing 6th November 2023 with a passing rent of £36,000pax with upwards only open market rent review at the 5th year. There are tenant break clauses at the third and sixth anniversaries of the term, subject to serving no less than six months notice.
Services
The property is serviced by mains gas, water and three phase electricity, all of which are directly metered.
Premium
We are instructed to obtain a premium for the lease together with fixtures and fittings for the sum of £165,000.
Business Rates
The property attracts a rateable value of £29,000.
Legal Costs
Each party will be responsible for bearing their own legal costs in respect of the transaction.
VAT
The business has been registered for VAT and all prices quoted are subject to VAT.
Aml Regulations
In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful purchaser.
The property is positioned on the north side of Beech Road, near Chorlton Green.
Beech Road stands out as one of Chorlton's most desirable areas, boasting an array of charming bars, pubs, restaurants, and boutiques. It's just a third of a mile southwest from central Chorlton. Nearby attractions include The Beach Inn, The Chorlton Green, and The Horse & Jockey.
The property features a fully operational food and beverage venue, spanning the ground, basement, and first floors. It includes a spacious covered terrace for outdoor dining.
The ground floor boasts a principal dining area with an inviting bar, two separate WCs (one accessible), and an extensive kitchen designed for high-volume service.
Outside, there's additional covered space housing a walk-in refrigerator, dry storage, and a pot washing zone.
Storage facilities are available in the basement alongside a well-equipped beer cellar. The first floor is independently accessible from the side of the property and offers supplementary storage; it was historically used as residential accommodation.
Fixtures & Fittings
A number of items are on hp such as fridges and tills and these will be returned to the respective loan companies. The property includes the following:
1 x Blue seal 6 burner hob/gas oven
1 x Double Gas chargrill
1 x Ambrogi gas dome pizza oven
1 x Blue deal turbo fan combi oven
1 x Cobra double basket fryer 20 litre
1 x Silea 30k pizza dough mixer
1 x Double freestanding fridge
2 x Single freestanding fridge
1 x Marble top 3-door pizza fridge
1 x Steel top 3 door prep fridge
2 x Single steel blizzard fridge
4 x Various-sized steel benches
2 x Microwaves
Interlevin walk-in fridge
Invertek kitchen cooling and extraction system
Steel double pot wash sink
80 litre grease trap
1 x Monroc double-head coffee machine
2 x Cocktail bar stainless steel stations with ice wells and bottle racks
Heineken Smart Dispense 5-line beer cooling system
Pepsi/Britvic bag-in-box 4-line dispenser
Marstair cellar cooling system
Hkvision 14-channel/camera CCTV
2 x Samsung ceiling air conditioning units
All furniture and crockery
Lease
The property is held by way of a ten year full repairing and insuring lease commencing 6th November 2023 with a passing rent of £36,000pax with upwards only open market rent review at the 5th year. There are tenant break clauses at the third and sixth anniversaries of the term, subject to serving no less than six months notice.
Services
The property is serviced by mains gas, water and three phase electricity, all of which are directly metered.
Premium
We are instructed to obtain a premium for the lease together with fixtures and fittings for the sum of £165,000.
Business Rates
The property attracts a rateable value of £29,000.
Legal Costs
Each party will be responsible for bearing their own legal costs in respect of the transaction.
VAT
The business has been registered for VAT and all prices quoted are subject to VAT.
Aml Regulations
In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful purchaser.
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Monthly repayment
£825 per month
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