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1A Watson Street, Manchester, M3 4EE

First Floor Leisure Opportunity | 3,760 sq.ft

pdf Unit 1A Watson Street Manchester (4.96 MB)

Location

The premises overlook Great Northern Square, just off Peter Street and Deansgate. Peter Street is home to some of the best performing bars and restaurants in the city including Alberts Schloss and their adjoining live music venue (The Albert Hall), Revolution De Cuba, Almost Famous Burgers, Brewdog, Rudy’s Pizza and Dirty Martini.

The Great Northern Warehouse opposite is currently occupied by a 16 screen Odeon Cinema, Manchester 235 Casino, All Star Lanes and Whistlepunks. The Owners have plans to redevelop the scheme, improving the public realm directly outside the subject premises and introducing up to 130,000 sq ft of new office accommodation.

Located next door to the Manchester Central Convention Complex, numerous hotels, including The Radisson Blu, Hilton and The Midland Hotel are also located close by.

Accommodation

The premises are accessed via a ground floor entrance lobby and provides the following approximate floor areas:

Floor sq.m. sq.ft.
Ground Floor (lobby): 30.19 sq m (325 sq.ft)
First Floor (Internal): 288.92 sq m (3,110 sq.ft)
First Floor (Balcony): 30.19 sq m (325 sq.ft)
(All measurements have been calculated in imperial and converted to metric).

The premises feature a stunning glass box extension at the rear and a large balcony overlooking Great Northern Square. Fully fitted as a bar, the premises provide a large open plan trading space, long bar, male, female and disabled WC’s, office and a platform lift between ground and first.

Tenure

A new lease for a term to be agreed.

Rent

£70,000 per annum exclusive

Service Charge

£4,033 per annum

From verbal enquiries, we understand the premises are assessed for rates as follows:-
Rateable Value £79,500
2019/2020 UBR: £ 0.504
Rates payable: £40,068
Interested parties are advised to make their own enquiries to the Local Authority (Tel. 03000 501 501) or visit www.voa.go.uk

LICENCING

The existing premises licence permits the following hours of trade:

Mon-Sat: 12:00 – 02:30

Sun: 12:00 – 02:00

The outside area is to be closed by 21:00 Sunday - Thursday and by 22:00 Friday – Saturday.

Costs

1.The ingoing party is to be responsible for their own legal costs incurred in this transaction.

2. All figures quoted are exclusive of VAT where applicable.

EPC

EPC rating: E

Viewing

Appointments to view should be made strictly by appointment through Metis Real Estate Advisors.

Suzanne Wainwright:

Dan Davies:

Code of Practice

The landlord accepts the principles of the Code of Practice for Commercial Leases in England and Wales. Alternative lease terms are available on request. A copy of the Code of Practice can be obtained from the Royal Institution of Chartered Surveyors, 12 Great George Street, Parliament Square, London, SW1P 3AD, Tel: 0207 334 3795 or alternatively from the website: www.leasingbusinesspremises.co.uk.

Misrepresentation Clause

  • Status: Available
  • Area sq ft: 3,760
  • Area m sq: 349.31
  • Location: Manchester