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Unit 1, The Printworks, Exchange Square Manchester

Prime Fitted Restaurant | Bar Opportunity| 8,248 sq.ft

pdf Unit 1 Exchange Square Printworks 2020 (2.10 MB)

Location

The Printworks is Manchester’s premier leisure scheme and one of the top performing schemes in the country attracting almost 8 million visitors each year. The scheme is approximately 350,000 sq ft and is home to a 23 screen, 4,723 seat Vue cinema (with IMAX), a 33,000 sq ft Nuffield Health Centre and 16 restaurants and bars, including Hard Rock Café, Wagamama, O’Neills, Nandos, Yates and Walkabout.

The Printworks is situated on Exchange Square, with neighbouring occupiers including The Corn Exchange, Manchester Arndale, Manchester Arena, Victoria Train Station and the Co-Op Headquarters. The Exchange Square Metrolink stop sits directly opposite The Printworks.

  • Manchester Arndale – 1.4 million sq ft shopping centre anchored by Next, Marks and Spencer and Selfridges with footfall of 42 million visitors a year.
  • Manchester Arena – 21,000 capacity event and live music arena, attracting over 1 million visitors each year.
  • The Corn Exchange – 14 restaurants and a 114 apartment Roomzzz Hotel.
  • The National Football Museum – ‘The World’s biggest football museum’ attracting approx. 500,000 visitors each year.
  • Victoria Train Station – following completion of the Ordsall Chord (linking Victoria Station to Oxford Road and Piccadilly Station), passenger numbers are expected to rise to 12 million by the end of 2020’.
  • NOMA – an £800m, 20-acre redevelopment site surrounding the new Co-Op HQ, including 1.3 million sq ft of offices and over 1,000 apartments.
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Accommodation

This fitted former restaurant occupies a very prominent, external position at The Printworks, overlooking Exchange Square.

The premises are arranged over ground, mezzanine and first floor and provide the following approximate floor areas:

Floor sq.m. sq.ft.
Ground Floor: 226 sq m (2,428 sq.ft)
Mezzanine: 205 sq m (2,202 sq.ft)
First Floor: 336 sq m (3.618 sq.ft)
(All measurements have been calculated in imperial and converted to metric).

The premises also benefit from an extensive, south facing outside seating area, opposite The Corn Exchange and Manchester Arndale.

The unit is well presented and fitted to include the main bar, dining area (split over ground and a raised level) and cellar at ground floor. There is also a DDA compliant lift, with access to all levels. Further space is available for dining at mezzanine level and at first floor level is the kitchen, male and female WC’s, disabled WC and a number of storage rooms and staff areas. Three food hoists run between all three floors.

Tenure

A new lease for a term to be agreed

Rent

On application.

Service Charge

£56,244 per annum.

Rates

We understand the premises are assessed for rates as follows but would advise all interested parties to make their own enquiries with the Local Authority.

Rateable Value (2020) £143,000
2020/2021 UBR: 51.2p
Rates payable: £73,216 per annum
Interested parties are advised to make their own enquiries to the Local Authority (Tel. 03000 501 501) or visit www.voa.go.uk

EPC

EPC rating: C Copy available upon request.

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.

Viewing

Appointments to view should be made strictly by appointment through Metis Real Estate Advisors or Savills Tel: 020 7877 4516

Suzanne Wainwright:

Dan Davies:

Luke Nicholson:

Misrepresentation Clause

  • Status: Available
  • Area sq ft: 8,248
  • Area m sq: 767
  • Location: Manchester