Restaurant/cafe to let in Stoke Newington High Street, Stoke Newington N16

£32,000 pa (£29.44/sq. ft. pa)
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Restaurant/cafe to let

1 101 sq. m*

Property 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 - £100,000


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

Property info

61 Stoke Newington High Street - Cduvskyiyb5J2Oqo7 View original

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Peach Properties, E2 on +44 20 3641 5253 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Peach Properties, and do not constitute property particulars. Please contact Peach Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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