This is now off the market

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47 Station Road, Urmston, Manchester M41 9JG – Urmston

This is now off the market

W T Gunson
Full address
47 Station Road, Manchester, Urmston, Greater Manchester M41 9JG – Urmston
Contact details

020 *** ****

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Asking price
£295,000
Features
Disabled access, Exposed bricks, Grade II, Kitchen, Lounge, Restaurant, Storage, Train transport, Transport
Size
4,800 sq ft
NIY (%)
6.9

The property comprises a unique Grade II listed building built in the 1930’s which was formerly used as a billiards hall and Indian restaurant. The restaurant is fit out to a high standard throughout keeping the buildings character with exposed timber beams, timber floors, exposed brickwork and open kitchen.
The property is currently configured to provide an attractive lobby/entrance with disabled access to the front leading to the bar areas and lounge/seating area near the entrance. The restaurant caters for 150 covers throughout the middle of the property with seating arranged on different levels. To the rear of the property is the open kitchen and WC facilities. Additional storage and cold stores are located on a mezzanine above the kitchen.
Externally, the site is self contained with a small yard to the rear accessed via two rear entrances.
The lease has recently been re-geared to a newly formed company EGE 48 Ltd (CRN 11029230) at an initial rent of £21,000 per annum (exclusive plus VAT) for a term of 15 years from and including 10 October 2018 and expiring 9 October 2033 providing an unexpired lease term of 14.9 years to expiry with no break clause.
The lease provides for upwards only rent reviews on the fifth and tenth anniversaries of the term to open market rental value (OMRV).
Istanbul Grill is a Mediterranean restaurant and cocktail bar. There are currently 4 restaurants trading as Istanbul Grill in Greater Manchester and another in Cheshire which has been rebranded as Topkapi Palace. Each restaurant has been opened and established by the same restaurant owner and has been subsequently sold onto staff in each instance. The restaurants are owned and operated independently.

This commercial property for sale is located in Urmston.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to W T Gunson. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact W T Gunson for full details and further information.