Takeaway for Sale in Stoke Newington

  • Premium £90,000
  • £25,000/Annum
Stoke Newington, London, UK
AVAILABLE BUSINESS & LEASE FOR SALE

Takeaway for Sale in Stoke Newington

Stoke Newington, London, UK
  • Premium £90,000
  • £25,000/Annum

Description

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


MAIN FEATURES

  • Extra Commercial Kitchen in Place
  • Large Basement
  • 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
  • Large Basement used as a storage
  • 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.

Details

Updated on January 17, 2024 at 4:49 pm
  • Price: Premium £90,000
  • Size: 1030 Sq. Ft
  • Covers: 15
  • Use: Cafe
  • Type: TAKEAWAYS
  • Status: AVAILABLE

Overview

  • TAKEAWAYS
  • Type
  • 1030
  • Sq. Ft

Contact Information

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