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Prominent Stoke Newington Pizza Restaurant With 100 Covers For Sale

Stoke Newington, London, UK
Asking Price:
£75,000 Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

An attractive opportunity to acquire a fully fitted, 100-cover pizza restaurant in a prominent High Street position in Stoke Newington, North London. Currently open and trading, the restaurant may appeal to experienced restaurateurs, independent operators and established hospitality groups seeking a presence in this popular London neighbourhood.

The restaurant occupies approximately 2,400 sq. ft. across the ground floor and basement, providing 80 covers at ground-floor level and a further 20 covers in the basement. Its prominent High Street location benefits from high pedestrian footfall and passing traffic, offering excellent visibility for a restaurant business.

Available at a guide price of £75,000 for the leasehold interest and trade contents, the property provides an incoming operator with an existing restaurant fit-out and a lease running until 2037. The combination of a well-positioned trading premises, substantial seating capacity and established pizza restaurant configuration makes this an appealing acquisition opportunity.

  • Prominent High Street location in Stoke Newington, London N16.
  • Fully fitted, 100-cover pizza restaurant.
  • Approximately 2,400 sq. ft. across ground-floor and basement levels.
  • 80 ground-floor covers and 20 basement covers.
  • High pedestrian footfall and passing traffic.
  • Leasehold interest and trade contents available, with the lease expiring in 2037.

Property Information

Property:

Leasehold

Lease Terms:

Existing leasehold interest with the lease expiring in 2037 and a passing rent of £45,000 per annum.

Leasehold Rent:

£45,000 per annum per annum

Location:

The restaurant occupies a prominent position on a busy High Street in Stoke Newington, North London, N16. The location benefits from high pedestrian footfall and passing traffic, providing strong visibility within an established commercial setting.

Premises Details:

Fully fitted pizza restaurant arranged across the ground floor and basement, accommodating approximately 100 customers. The ground floor provides 80 covers, with a further 20 covers at basement level.
The premises are currently open and trading.

Size in square feet:
Approximately 2,400 sq. ft. across the ground floor and basement.

Business Operation

Expansion Potential:

The existing restaurant layout offers flexibility for an incoming operator to continue the pizza restaurant concept or explore an alternative dining proposition, subject to the necessary consents.
The prominent High Street location provides an opportunity to develop the restaurant's appeal to local customers and passing trade.