Manchester, a city with a rich history as a textile mill town, has evolved into a diverse economy with key employers in healthcare, education, and major corporations. This makes it an ideal location for a Restaurant For Lease, offering a unique opportunity to capitalize on the city's vibrant downtown area and growing population of around 110,000. With its mix of residential, commercial, and retail spaces, Manchester provides an attractive environment for businesses to thrive. The city's ongoing redevelopment efforts, particularly in the Amoskeag Millyard, have transformed it into a cultural and commerce hub in the state. Additionally, the presence of notable landmarks such as the SNHU Arena and the Mall of New Hampshire further enhance the city's appeal.
With 4 Restaurants For Lease available, Manchester offers a range of options for entrepreneurs and investors. The average annual rent per square foot is $16 USD, with spaces ranging from 1,203 square feet to 7,201 square feet. In addition to Restaurants, Manchester also offers a variety of other property types, including Retail Space, which can be found in popular shopping areas like the Mall of New Hampshire; Commercial Real Estate, which is home to major corporations like Elliot Hospital and Southern New Hampshire University; and Flex Space, which can be utilized for a range of purposes. Overall, Manchester's diverse economy, rich history, and ongoing redevelopment efforts make it an attractive location for businesses of all types.
How are restaurant leases typically structured?
Restaurant leases in Manchester are typically structured with a mix of base rent and percentage rent, ensuring that landlords benefit from the success of the business. The average annual rent per square foot is $16 USD, with an average size of 3,944 square feet, and a maximum space size of 7,201 square feet, offering flexibility for restaurateurs to find the perfect fit for their concept.
What kitchen equipment is usually included in restaurant leases?
In Manchester, where there are 4 available listings of restaurants for lease, the kitchen equipment usually included in these leases may vary, but often features commercial-grade appliances such as ovens, stoves, refrigerators, and dishwashers, as well as essential utensils and equipment like pots, pans, and utensil holders.
Additionally, some restaurant leases in Manchester may also include specialized equipment like ice machines, walk-in freezers, and commercial coffee makers, depending on the specific needs and type of restaurant, such as a casual eatery, fine dining establishment, or quick-service restaurant.
