Green Lanes, N16

Green Lanes

Stoke Newington, London N16
Type: Commercial

Guide Price: £18,000

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Summary

Green Lanes - A1 ground floor and basement unit. Premium - £40,000

Accommodation

Michael Naik & Co offer this desirable opportunity to acquire the lease assignment of this well placed ground floor and basement unit, with 4 years unexpired on the existing lease. Currently run as a child friendly cafe, the current tenant have made significant improvements to the property throughout, with new electrics and plumbing installed around 1 year ago, as well as a newly fitted kitchen in the basement, modern decor and fittings. There are a number of possible options that the premises can be used for as it is within close walking distance of both Newington Green and Stoke Newington Church Street whilst neighbouring Clissold Park and being on route for many commuters who use Canonbury and Manor House Stations in addition to the bus service which stops directly outside the property with direct links to Waterloo & Bank. The premises is set amongst newly established retailers and restauranteurs in the area with Post (homeware store) and Cérès (French fusion restaurant) already situated on this section of Green Lanes. The ground floor offers an open seating and serving area, with customer WC partitioned to the rear, the basement has a staff WC fitted, large storage - which can be used as additional seating, and a separate and newly fitted kitchen.

Currently there is seating for 16 on the ground floor, which can be further expanded with changing the use of the basement storage area. The ground floor has preciously accommodated private parties of 35 people.

The premises is offered inclusive of the following;
2 x La Spaziale coffee machine with grinder
2 x Grill Dualit Panini maker
Smoothie maker
Cold press juicer
2 x under counter fridges
1 x under counter freezer
1 x large free standing fridge
1 x deli counter fridge
1 x in-counter cold plate
3 x sinks
1 x disgwasher

Lease Details:
A1 use
100 SQ M
5 year lease - 4 years unexpired
Rent - £18,000 per annum
Premium - £40,000

Location Map

Tel: 020 7249 0272 Email: contact@michaelnaik.com

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