Pub hunt: pubs in London
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The Farmhouse, Eltham, London SE9
Price: £89,950
Tenure: Leasehold
Turnover: £260,000 (incl. VAT)
Wet:dry split: 100:0
Rent: £50,000
Landlord: Punch Taverns
Agent: Guy Simmonds
This popular community inn is well positioned in the prime location of Eltham. The previous client has established a strong trading foundation but there is massive potential for new operators to exploit the immense food potential. The substantial property features a lounge bar and public bar (circa 55 covers) and a versatile conservatory games room (25 covers). There is also a compact kitchenette area and glass-wash area, along with an impressive 3-bed family accommodation that features a lounge, fitted kitchen (with dumb waiter) and bathroom. Outside is an enclosed beer garden and parking facilities for six cars.
The Globe, Bow Street, London WC2E
Price: £2,950,000
Tenure: Leasehold
Turnover: £1,500,000
Wet:dry split: Not supplied
Rent: £177,000 (free-of-tie)
Landlord: Private
Agent: Sidney Phillips
The Globe occupies a prominent position on Bow Street, a major thoroughfare in Covent Garden, adjacent to the Royal Opera House with numerous theatres nearby. The property offers extensive accommodation over four floors with a main bar (37 covers) on the ground floor, further bar (41 covers) and an external decked area on the first, along with a restaurant (29 covers) and fully-fitted stainless steel kitchen on the second floor. Private owner’s accommodation compromises of an en-suite bedroom, living room, kitchen and roof terrace across the third and fourth floor.
Lord Stanley, Kentish Town, London NW1
Price: £2,500,000 ex VAT
Tenure: Freehold
Turnover: N/a
Wet:dry split: N/a
Agent: Everard Cole
The Lord Stanley is a 3-storey property trading across ground and first floors with a large domestic flat on the second providing rental income of £80,000 pax. There is also a large basement cellar separated into several sections (including cold store, dry store and office) and a trade garden outside to the rear. The property is being sold as an investment, subject to the existing ‘tied’ agreement, and is held on a 20-year FRI lease from December 2005.
The Bountiful Cow, Holborn, London WC1R
Price: £275,000
Tenure: Leasehold
Turnover: £624,172 ex VAT (year ending 31st December 2013)
Wet:dry split: Not supplied
Rent: £41,500
Landlord: Private
Agent: Fleurets
The Bountiful Cow is centrally located in 'Midtown', London's fastest growing bar and restaurant circuit, close to the Red Lion Square and London’s legal district. A few minutes walk from Holborn tube station, the property occupies the ground floor of a six-storey building and comprises a 70-cover restaurant and bar. Currently the pub is well-known for its excellent steaks and over-sized burgers, something that the new client may wish to build upon.
642 Wandsworth Road, Clapham, London SW8
Price: Offers invited
Tenure: FRI lease
Turnover: Not supplied
Rent: Rental offers invited
Landlord: Private
Agent: Davis Coffer Lyons
A full internal fit out is required for this Clapham property along a commercial/retail pitch with Clapham Common and Battersea Arts Centre also in the vicinity. The ground floor and basement only are available on a new FRI lease on standard commercial terms and benefits from A4 planning, with A3, A2 or A1 also acceptable uses. The premises has a 2.30am license and is within walking distance of railway and underground transport links.
