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Restaurant Premises, Stroud Green Road, Stroud Green, N4 3PZ

2,281 Sq Ft / Leisure / Business for sale

Withdrawn - Last updated: 22 September 2023

LOCATION: The business occupies a prominent trading position on Stroud Green Road in Stroud Green and benefits from being located in a densely populated residential area. The business benefits from being located in a high footfall area with excellent road links into Central London and the surrounding area. The nearest station is Crouch Hill.

DESCRIPTION: A3 restaurant with a alcohol license currently trading as a Italian restaurant and pizzeria . Glass wooden fronted trade space measuring with 100 covers, includes a well-equipped trade kitchen with prep area and storage, ice cream area, salad bar area, pizza area, bar area, small yard and male & female WCs.

BUSINESS: The business has a 5 Star review on Google. The business provides a delivery service with 2 of the best delivery service companies: Deliveroo and Uber. This brings in an average income of £XXX - £XXX weekly. the business has up to 100 covers.

USES: A3 with alcohol license

PREMIUM: £XXX for the benefit of the lease, fixtures & fittings.

RENTAL: £XXX per annum

TERMS: 4 years remaining & renewable

BUSINESS RATES: £XXX per annum. Interested parties are advised to make their own enquiries to the local authority.

SIZE: Approximately 2281 sq ft

OPENING HOURS: Monday -Saturday 10:00 a.m - 15:00 p.m & 18:00 p.m - 23:00 p.m & Sunday 12 noon - 22:00 p.m

COVERS: 100

STAFF: Husband & wife team with 7 staff

TURNOVER: Current turnover in excess of £XXX per annum

LEGAL COST: Each party to bear their own legal costs as well as the ingoing tenant to bear landlords legal costs

LOCAL AUTHORITY: Islington

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 67- C Rating. C copy of this property’s energy performance certificate is available on request

REFERENCE CHARGE: London Properties charges a fee of £XXX plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord.

HOLDING DEPOSIT: A holding deposit will be required to secure the property the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

VIEWINGS: Through London Properties by appointment only


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