Guide price
£110,000
(£142.12/sq. ft)
Pub/bar for saleStoke Newington Road, London N16
774 sq. ft
Business
About this property
Long Lease - 14 Years
Grant of Alcohol License
Club/Bar use
High Street Attraction
Premium 110k
Discover an exceptional bar/club located on High Street in Stoke Newington.
Currently operating as a bar and club, this establishment has made a significant impact over the past seven years, building a renowned reputation. This is a rare opportunity to acquire a well-established business in one of London's most sought-after locations. The space is designed with an emphasis on modern contemporary style. The retail parade here bustles with trade all through the day, and running a successful bar here is already proven by the businesses in the surroundings.
This location brings an abundance of trade throughout the day. From morning commuters to early-rising locals, then onto the thriving lunchtime trade. Not forgetting the busy nightlife.
The area is well known for its pubs, coffee shops, restaurants, and lively music scene; Stoke Newington High Street never fails to be eventful. It connects Dalston’s hipster heartlands with the quirky boutiques and charming cafés of Church Street, making this one of London’s most highly desired business locations.
Not forgetting the excellent transport links, including Dalston Kingsland Overground and Dalston Junction Overground, only just 5 minutes’ walk away, as well as being served by many bus routes around the city.
The fully licensed bar/club currently holds an alcohol licence, allowing it to be sold on the premises.
The premises consist of the following:
Premium: In the region of £110,000, encompassing the lease and all fixtures and fittings.
Rent: £25,000.00 Per Annum
Business Turnover: Enquire via office
Business Rate: £31,000 Per Annum (Interested parties are also advised to make their own enquiries to the local authority.)
Lease: 14 years remaining
Grant of Alcohol Licence on the premises & late closing hours
deposit: Interested parties are required to submit a non-refundable deposit to the marketing agent. This deposit will be credited towards the agreed purchase price upon completion of the sale. In the unlikely event of vendor withdrawal, deposits will be fully refunded. Conversely, if a purchaser fails to adhere to the agreed terms and conditions, the deposit/s will be forfeited.
Currently operating as a bar and club, this establishment has made a significant impact over the past seven years, building a renowned reputation. This is a rare opportunity to acquire a well-established business in one of London's most sought-after locations. The space is designed with an emphasis on modern contemporary style. The retail parade here bustles with trade all through the day, and running a successful bar here is already proven by the businesses in the surroundings.
This location brings an abundance of trade throughout the day. From morning commuters to early-rising locals, then onto the thriving lunchtime trade. Not forgetting the busy nightlife.
The area is well known for its pubs, coffee shops, restaurants, and lively music scene; Stoke Newington High Street never fails to be eventful. It connects Dalston’s hipster heartlands with the quirky boutiques and charming cafés of Church Street, making this one of London’s most highly desired business locations.
Not forgetting the excellent transport links, including Dalston Kingsland Overground and Dalston Junction Overground, only just 5 minutes’ walk away, as well as being served by many bus routes around the city.
The fully licensed bar/club currently holds an alcohol licence, allowing it to be sold on the premises.
The premises consist of the following:
Premium: In the region of £110,000, encompassing the lease and all fixtures and fittings.
Rent: £25,000.00 Per Annum
Business Turnover: Enquire via office
Business Rate: £31,000 Per Annum (Interested parties are also advised to make their own enquiries to the local authority.)
Lease: 14 years remaining
Grant of Alcohol Licence on the premises & late closing hours
deposit: Interested parties are required to submit a non-refundable deposit to the marketing agent. This deposit will be credited towards the agreed purchase price upon completion of the sale. In the unlikely event of vendor withdrawal, deposits will be fully refunded. Conversely, if a purchaser fails to adhere to the agreed terms and conditions, the deposit/s will be forfeited.