Stoke Newington High Street, Stoke Newington, N16 0LH

London Properties are pleased to offer to the market this Excellent opportunity to purchase a well fitted restaurant situated on Stoke Newington High Street offering vast amounts of footfall night and day. Stoke Newington is well known for its pubs, bars, lively music scene and open mic comedy sessions as well as its own festival which takes place in early June each year celebrating the area’s history. Neon Burgers is a cosy and vintage setting, with a dark electric vibe powered by multiple neon’s. The restaurant has 32 seats surrounded by neon designs that are regularly rotated and borrowed from a number of neon sign makers, a bit like an exhibition. Serving fresh gourmet burgers, messy fries, sticky wings and thick tall milkshakes.  Internal viewings are highly recommended through London Properties by appointment only

LOCATION:

The premises are prominently located on Stoke Newington High Street and only moments from the Great Anglia Lines at Rectory Road and Stoke Newington stations. Stoke Newington is well known for its pubs, bars, lively music scene and open mic comedy sessions as well as its own festival which takes place in early June each year celebrating the area’s history.

DESCRIPTION:

Neon Burgers is a cosy and vintage setting, with a dark electric vibe powered by multiple neon’s. The restaurant has 32 seats surrounded by neon designs that are regularly rotated and borrowed from a number of neon sign makers, a bit like an exhibition. Serving fresh gourmet burgers, messy fries, sticky wings and thick tall milkshakes.

TERMS:

The property is available to let on a new lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews.

USES:

A3

PREMIUM:

£100,000 for the benefit of the lease, fixtures & fittings.

RENTAL:

£22,000 per annum

BUSINESS RATES:

We are advised that the business rates payable currently stand at approximately £7,330 per annum. All interested parties are encouraged to make their own enquiries with the London Borough of Hackney

OPENING HOURS:

Monday - Friday 5:00 p.m & Saturday - Sunday 12 noon til 11:00 p.m

TURNOVER:

Current average weekly retail takings in the region of £4,500 to £4,000 with scope to increase with longer hours.

STAFF:

Own managed with 4 part time staff.

SIZE:

Approximately 1500 sq ft

UTILITIES:

All main services are connected

LOCAL AUTHORITY:

Hackney

LEGAL COST:

To be confirmed.

REFERENCE CHARGE:

London Properties charges a fee of £200 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

AGENT NOTE:

London Properties for themselves for Lessors, Vendors and their agents, give notice that:- 

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 

2. These details do not constitute any part of an offer or contract. 

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties. 

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS:

Through London Properties by appointment only.