Restaurant
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.
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