Restaurant to Rent

Stoke Newington High Street, Stoke Newington, N16 tenancy info

£32,000 annually

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Additional information

Let Type: Long Term
Annual

Not Specified

Full Description

Restaurant and bar located on the west side of Stoke Newington High Street.

LOCATION
This modern restaurant and bar is located on the west side on Stoke Newington High Street (A10. This is a busy thoroughfare into central London. Situated in a prime location, this property benefits from high foot traffic and excellent visibility, making it ideal for attracting customers and increasing brand exposure. The surrounding area is known for its trendy cafes, boutique shops, and creative atmosphere, providing the perfect setting for a retail business to thrive.

DESCRIPTION
The property occupies the ground floor and lower ground floor of this mid-terrace building. The dining room is located n the ground floor with the kitchen located behind. Downstairs is currently used as a bar with a dancefloor and W.C's
The property benefits from a late license until 2:00 am.
Current taking purported to be ?3,000-?10,000 a week

Premium sought for benefit of fixtures, fitting, lease terms ad going concern - Offers invited

GROWTH OPPORTUNITIES
Delivery Partners: The business only currently works with two outside delivery partners, which could easily be expanded to additional platforms with the required staffing resources put in place.
Operating Hours: The business is currently open Monday - Saturday 18:00 - 23:00 and on Sunday 16:00-21:00

ACCOMMODATION
Gross Internal Area: 1,426 Sq ft (132.5 Sq M)

AMENITIES
Extraction
6x ring burner
1x Oven
1x Microwave
2x Fridges
1x Grill
1x Ice machine
WC
Bar

TERMS
Assignment of an existing RENEWABLE lease - 4 years remaining.

Business Rates
Parties are advised to make their own enquires with the local authority.

LEGAL COSTS
Each party bear own legal costs.

VIEWING
Strictly by appointment through Peach Properties