Interested in this property? Call Andrew McGuiness on +44 (0)161 631 2852 or Chris Nutter on +44 (0) 161 631 2852
The unit occupies a prime position on the corner of Deansgate and John Dalton Street, in the heart of Manchester City Centre. Neighbouring occupiers include: Bill’s, Salvis and The Restaurant Bar & Grill. The unit is located in a well established leisure pitch with strong weekday and weekend footfall and a high concentration of office workers nearby, including new Grade A redevelopments of 125 Deansgate (next door) and Brazennose House. Also located nearby is Spinningfields, House of Fraser and King Street.
The premises comprise the following approximate floor areas:
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The unit comprises a ground floor restaurant with a theatre kitchen and a male/female WC. In addition, there are external seating areas (via a separate pavement licence) fronting Deansgate and John Dalton Street.
At basement level is the prep kitchen, cold & drink stores, freezer, wash up, male and female customer WC and staff facilities.
Servicing is via a rear service yard, accessed via the basement.
Furniture and equipment could be left on site for a suitable premium; terms to be agreed.
The passing rent is £165,000 per annum exclusive.
Our client Azzurri is a guarantor to Byron’s lease and is seeking a purchaser to take an assignment of the head lease or take a new sublease of the premises, subject to vacant possession.
The property is held leasehold for a term of 25 years from 14 June 2006, expiring 13 June 2031.
The unit has a 2017 rateable value assessment of £131,000.
For further details please contact the business rates department in the local authority.
Each party to be responsible for their own legal and professional costs incurred in this transaction.
Unless otherwise stated, all prices/rents are quoted exclusive of VAT.