This notable two-story detached freehold property presents a unique investment opportunity in Manchester. Currently functioning as a profitable restaurant, it boasts a strong annual income of £48,000 (£4,000 per month) under a Full Repairing and Insuring (FRI) lease that spans 20 years. With an impressive yield of 15%, this asset not only provides immediate returns but also holds the potential for future development, subject to planning permission.
Covering an expansive area of 4,510 sq ft, the ground floor is dedicated to the restaurant space complete with a fully equipped commercial kitchen and bar. The first floor features an extensive function suite measuring 51 ft by 49 ft, including independent services that could cater to various uses. The enclosed rear yard offers versatility for secure parking or loading operations.
Located on Belle Vue Street, this property enjoys excellent visibility and easy access to both Manchester City Centre and the M60 motorway. It’s situated in a region recognized for its growth potential, making it a compelling choice for investors seeking both secure income and room for capital appreciation through renovation or redevelopment.
