42 Back Turner Street, Manchester, M4 1FR
1,846 Sq Ft / Leisure
For Sale
- £375,000.00
To Let
- £30,000.00
per annum
Under Offer - Last updated: 31 March 2025
Summary
The property is a four-storey commercial unit of brick construction. The available space for sale is the ground floor and basement which is currently occupied by restaurant chain ‘What The Pitta’.
Internally the unit provides an entrance foyer with serving counter to the front, with a largely open plan fitted kitchen beyond and a generous open plan dining/seating area off. The basement is accessed via feature staircase from the foyer and leads to a further generous seating and dining area, with customer W/C facilities and storage off. Beyond the storage area is ancillary space including an office and staffroom to the rear.
The premises is presented to a very high standard throughout, with original stripped pine floors to the ground floor restaurant and feature tiles to the kitchen, W/C facility and basement floor. The kitchen is fitted out to a high standard with the usual stainless steel fixtures and fittings plus a good sized walk in chiller off. Feature exposed brick walls are also found throughout the building which further add to the charm of the building.
This premises provides a true ‘Turn Key’ opportunity for an incoming purchaser, whether they be an owner occupier or investor, with the premises having an ERV of £30,000.
Key Points
Northern Quarter locationShort walk to Arndale CentreSubstantial premisesGround floor & basement seating areasNewly fitted kitchenPresented to a high standardTrue Turn-key opportunity
Business Rates
Rateable Value (2023 List) - £23,750
Interested parties should make their own enquiries with the local rating authority regarding the retail and hospitality rates relief scheme. The scheme currently provides 75% relief until the end of March 2025. From 1st April 2025 this will reduce to 40%.
Sale Terms
Offers invited over £375,000 for the long leasehold interest (999 years from 1st January 2008)
Location
The property is located on back Turner Street in Manchester's historic and increasingly popular Northern Quarter within Manchester City Centre.
Located opposite the Arndale Shopping Centre and close to Manchester Printworks, the immediate area is home to many popular restaurant, café and retail operators, creating a vibrant atmosphere and driving footfall to the area.
All of the usual City centre transport facilities are available and are within short reach of this property.
Other nearby occupiers include Pupa Restaurant & Bar, Kabana Indian Restaurant, Evuna NQ & Saan 1 Art Gallery.Terms
The premises are available on a new effective FRI (fully repairing and insuring) lease for a minimum of 10 years with upward only rent review at the end of every third year and all other terms to be agreed.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Leasehold
|
£375,000.00
| NA |
| |
To Let
|
£30,000.00
| per annum |
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