Restaurant/cafe for sale in Stoke Newington, London N16

Takeaway for Sale in Stoke Newington. Extra Commercial Kitchen in Place

Main features

Extra Commercial Kitchen in Place
Excellent to Delivery Focussed Business
Circa 1030 Sq. Ft
Gas & Extraction in Place
5 Star Food Hygiene
Eligible for rate relief

landlord’s requirements

6 Months or more Rent deposit subject to references
Personal Guarantor subject to references
Proof of funds
Accountant’s references
Trade references

Lease details

Lease Expiry: 2041 ( Inside the Act of 1954)
Current Rent: £25,000 per annum
Rent Review: Every 5 years
Next Rent Review: 2026
Premium: £90,000 (Goodwill, ff&E, Lease) + sav

The premises

Circa 1030 Sq. Ft
Circa 15 Covers Restaurant
Fully Equipped Commercial Kitchen
5 Star Food Hygiene
Eligible for rate relief
Gas & Extraction in Place

The location

Stoke Newington, London N16
0.4 miles to Rectory Road
0.6 miles to Herne Hill Station

Trading & financials

Gross Sales Revenue: We have been informed that the restaurant generates gross revenue of circa £130,000 per annum (£2,500/week).
Trading Dessert Cafe & Takeaway

Viewings & confidentiality

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

Disclaimer

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.