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55 King Street Manchester City Centre M2 4LQ

Restaurant/ café opportunity in the heart of Manchester city centre| 2,995 sq.ft

Location

55 King Street occupies a prominent position amid the hustle and bustle of Manchester’s Central Business District. Long established as the city’s central business core the area benefits from a wealth of prestigious office buildings and affluent workers. The location has excellent connections for shoppers in the city’s main retail areas on St Ann’s Square and The Arndale Centre on Market Street, which are only a few minutes’ walk away.

King Street has shown strong growth in the leisure and dining market with increasing demand for new sites as regional, national and London based operators recognise the Central Business District’s potential. Kala, Mash Tun, Zizzi, Miller & Carter and Grand Pacific all have a presence on King Street with others coming soon. The food and beverage market in Manchester looks bright and 55 King Street is ideally placed to benefit from this strong city-centre demand.

Mouth watering potential

Covers

Dining area 99

Outside terrace 46

Bar Area 8

A landmark building and formerly the headquarters of RBS/NatWest in Manchester. The ground floor at 55 King Street is 15,500 sqft with planning consent for a mix of retail and leisure uses while the six upper floors contain 76,000 sqft of prestigious office space. Current ground floor tenants include Bang & Olufsen with the recent introduction of Kala, Coco's Cafe and Mash Tun. On the ground floor, vegetarian favourite 1847 completes the line up. Nearby occupiers include Chaophraya, Miller & Carter, Zizzi, Pizza Express, Jamie’s Italian, Browns, Rosso and Grand Pacific./p>

The available ground floor unit is 2,995 sqft along with a large outside seating area. The unit is part fitted with tiled floor, ceiling, lighting, WC facilities, has A1 & A3 planning consent and is immediately available.

The perfect recipe for success

  • 2,995 sqft (278.28 sqm)
  • A1 & A3 planning consent
  • Prime King Street shopfront
  • Immediately available
  • Large, spacious dining area for 99 covers
  • Large outside terrace for 46 covers
  • Bar seating area for 8 covers
  • Central Business District location

EPC Rating

The unit is EPC rated D (85). A copy of the EPC certificate can be obtained from the landlord.

Restaurant/ café opportunity in the heart of Manchester city centre

CACI research carried out demonstrates that:

  • The CBD has a significant population of affluent workers
  • The working population includes large numbers of Acorn groups with high disposable income
  • These workers are cash rich, time poor with a high propensity to eat out
  • Manchester city centre has the 4th highest worker spend potential in the UK
  • Manchester city centre has equal market share with the Trafford Centre

Manchester has shown strong growth in the restaurant market in recent years and in particular King Street with the additions of El Gato Negro, Grand Pacific, Mash Tun and Tast.

Widely recognised as being the city’s business core, the Central Business District has a significant population of affluent workers making 55 King Street the ideal location for further restaurant growth, benefitting from its potential as a lunchtime and evening destination.

55 King Street’s position in the heart of the Central Business District and close to major retail sites such as Manchester Arndale and St Ann’s Square give it a solid foundation to benefit from this strong trade from city centre workers, shoppers and residents.

Viewing

Viewings should be made strictly by prior appointment through Tom Powell of this office. or via our joint agent Savills (John Agnew: jagnew@savills.com)

Tom Powell:

Subject To Contract & Without Prejudice

Misrepresentation Clause

  • Status: Available
  • Area sq ft: 2,995
  • Area m sq: 278.28
  • Location: Manchester
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