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No longer on the market

This property is no longer on the market

Restaurant

Reserved
Restaurant
Added > 14 days

Letting details

  • Availability date: 12 Apr 2024
  • Furnished
  • Deposit: £7500

Features and description

Well-established family business for sale located in London N16.

Description

Trading as a traditional Asian licensed restaurant since 1990 the business has a great reputation for good food and is popular with the locals.

Located in Stoke Newington N16 this long road acts as a popular motorist route between Stamford Hill and Stoke Newington providing a good audience for passing trade, Offered with full repairing and insuring.

Features:

Fixtures

High daily footfall

Ground floor premises with basement

Prominent location

A3 Use/ fully license

- Lease for 10 years with an option to renew after that

- Four (4) yearly rent reviews.

- Premium - £18,000 

- Rent £30,000 pa

- Zero business rates as subject to small business relief

Premises license allows opening hours to be extended and open 7 days a week

Scope to improve turnover by having longer working hours and Sunday opening plus include delivery options as currently nothing in place, an alternative business can consider.

Call office for more details: [use Contact Agent Button] E: [use Contact Agent Button]

 

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Area statistics

Crime score
High crime
10/10

About this agent

Next Location - Stoke Newington
Next Location - Stoke Newington
212 Stoke Newington High Street London N16 7HU
020 3544 5893
Full profileProperty listings
We're an independent London estate agency specialising in sales, lettings and property management. We have launched the company, that would take a fresh and customer-focused approach to residential property - one that would be transparent, built on trust, and which would put the customer before the commission. We achieve this, in large part, by employing only the highest quality staff: consultants who are articulate and approachable, thoroughly up-to-speed with all areas of the local and broader property markets, and fully conversant with the industry's codes of practice. But above all, we manage it by employing consultants who understand your needs, are excellent communicators, and have a strong work ethic. It helps, of course, that we provide extensive and ongoing training, which keeps our staff informed about all the latest industry-related and relevant legislative, developments. For your sake, we prefer to keep our finger firmly on the property sector's pulse. But what really sets us apart is that we're genuinely passionate about estate agency. We're not a big 'corporate' with formal procedures and faceless, purely sales-driven staff - we're a young and enthusiastic company that wants to impress and make its mark. We are happy to provide short-term solutions, but our long-term aim is to build mutually beneficial partnerships with our tenants, landlords, vendors and purchasers.
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