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London N16 7JD Click here for Map |
| Location Situated at the busy junction of the High Street (A10—London to Cambridge) and Church Street (B104) Stoke Newington set amongst shops, restaurants, offices and a densely populated cosmopolitan residential area. |
| Trade Accommodation Contemporary styled bar, wooden floor, large feature skylight, prints and sculptures to walls, glass chandeliers to ceiling, leather sofas, sleeper style coffee tables, high back stools, chrome poser tables, stainless steel bar with feature glass insets, DJ stands with decks, CD player and amplifier, CCTV cameras (monitor to office). Servery - High quality stainless steel fittings and shelving, triple glass door chiller, triple glass door chiller, triple stainless steel chiller, ice machine and coffee machine (on rental). Stairs down to large well equipped kitchen including double sink, grill, four ring cooker and extraction. Double doors to ladies, gents and disabled toilets, all finished to a very high standard. Doors to cold cellar, 2 stores and rear fire escape. Further store room and office. |
| Tie FREE OF ALL TRADING TIES. |
| Trade In the short time the bar has been opened, trade has averaged at £2500 per week but the potential is far in excess of these figures. The overheads are reasonable with rent at £25,000 per annum and rates (tbc) at £6,000 per annum and the vast potential offered with a FREE OF TIE lease in a very busy location. |
| Tenure 8 years remaining on a 12 year lease (private landlord). |
| Rent £25,000 per annum next review |
| Licence Sunday to Thursday 11 am—12 midnight Friday and Saturday 11 am—2 am Licensed for 100 persons |
| History Converted from a furniture shop, this bar opened in September 2006. Due to the lessees other business commitments and staff issues, he is being forced to sell reluctantly. |
| Price We are seeking offers in the region of £90,000 plus SAV for the remaining lease to include trade fixtures and fittings. The freeholders may require additional funds for deposit, advance rent and legal fees. |
| Viewing Details :- STRICTLY BY APPOINTMENT THROUGH THE VENDORS AGENTS. YOUNG AND SMITH Telephone 020 7709 8788 Fax 020 7709 8789 For further details on this Public House please Contact :- Martin Smith |
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| Misrepresentation Act 1967
n b. the information contained in these particlars has been verified by Young & Smith staff so far as it has been possible to do so. Young & Smith believes the information is correct, objective and unambiguous and meets in all respects, the requirement of the property misdescriptions act and order |