Freehold for sale in Covent Garden — Free of Tie restaurant and Pub

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Freehold for sale in Covent Garden — Free of Tie restaurant and Pub

15,000,000 £
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Total area: 3,000 m² Yield: 5.0%
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Features
  • 5-floor building
  • Occupancy: 100%
  • End of lease: 2043

This spacious and trendy PUB located in the heart of the ever desirable West End location of Covent Garden. The pub is decorated to a high end spec and the building is located over 4 floors. The building offers a wide range of lounge area, Balcony terrace and bar space that's perfect to just sit: relax and enjoy. 

Ground Floor: 11.00m (118.4 sq ft) x 6.8m (73.1 sq ft) First Floor: 8.80m (94.7 sq ft) x 6.80m (73.1 sq ft).

Small Bar: 2.2m (23.6 sq ft) x 2.9m (31.2 sq ft) Balcony area with around seven tables.

Second Floor: 4.3m (46.2 sq ft) x 6.80m (73.1 sq ft) Kitchen: 4.9m (52.7 sq ft) x 4.9m (52.7 sq ft).

Third Floor Flat: Living Room 4.3m (46.2 sq ft) x 6.80m (73.1 sq ft).

Bedroom: 3.7m (39.8 sq ft) x 3.8m (40.9 sq ft). Bathroom: 1.2m (12.9 sq ft) x 2.5m (26.9 sq ft). 

Fourth Floor: Kitchen for flat 3.53m (38 sq ft) x 3.00m (32.3 sq ft). 

Roof Terrace: 4.3m (46.2 sq ft) x 6.80m (73.1 sq ft).

Financial performance

  • PREMIUM: Offers Invited
  • RENT: £ 225,000 pa
  • BUSINESS RATES: £ 25,000
  • LEASE: The premises are available by way of an assignment of a 25 years lease within the Act with 24 years remaining.
  • STOCK: Part of a separate negotiation
  • TURNOVER: TBC
  • PROFIT: TBC 

Location and nearby objects

Situated in the centre of the theatre district is Covent Garden. The area is teeming with theatres, shops, restaurants and hotels which help make this one of the most desirable locations in London. 

The centre is within 100 yards of Covent Garden tube station and only a short walk from Charing Cross and Leicester Square giving access to the Piccadilly Line, Northern Line and National Rail. 

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Enquire about this restaurant
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in London
+44 20 3608 1267
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