The new restaurant will have 70 covers and will serve the Mexican-inspired food it has become synonymous with in the US. Free wi-fi and phone charging stations will also be installed at the new site.
Caskade Caterers had secured a £29.4m funding package from HSBC to fund plans made up of a £13m loan, £10m revolving credit facility, and a £6.4m commercial mortgage.
Taco Bell UK spokeswoman Ellen Gault said: “We’ve seen so much love for Taco Bell throughout the UK, especially in the north.
“We are excited to announce even later opening hours until 4am every day – and to welcome more people in Manchester through our doors to experience our delicious Mexican-inspired food.”