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The Black Lion
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The Black Lion

65 Chapel Street, Manchester M3 5BZ

  • Rare opportunity to acquire an established bar investment with additional 16 bedrooms

  • Central location within 100 metres of Manchester's prime leisure core and in an area that has seen substantial residential and commercial development

  • Strong future development potential for conversion to residential or offices (subject to planning)

  • The property is let on FR&I terms to a private individual for a term of 5 years from the 5th March 2018

  • Current rental of £102,512 pa, subject to annual RPI Linked rent reviews

  • Offers in excess of £1,445,000 (STC)

  • A 6.5% net initial yield

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Profile photograph of Chris Bathurst

Chris Bathurst

Partner

+44 (0)7957 138 003

cb@christopherdee.co.uk
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