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

Additional information is provided after the signing of an NDA

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. 

Statistics in London

Price per m², £
13,467
Healthcare efficiency level
68
Crime rate
52
Real estate Price, £
Apartment in the city centre, m² 13,467.42
Apartment in a bedroom community, m² 6,998.27
Transport Price, £
Public transport, 1 ride 2.48
Monthly travel card 140.47
Taxi, 1 km 2.97
Petrol, 1 l 1.29
Food Price, £
Water, 1.5 l 0.96
Milk, 1 l 0.9
White bread, 500 g 1.08
Eggs, a dozen 2.09
Chicken fillet, 1 kg 6.53
Education Price, £
Kindergarten, per month 1,245.28
International school, per year 16,630.56
Health care index
Staff competence 66.52
Medical equipment 82.08
Research accuracy and completeness 66.63
Attitude towards patients 69.82
Security index
Crime rate 61.55
The risk of being robbed 53.81
The risk of car theft 49.6
The risk of break-in and property damage 57.77

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Olga Starintseva
Real Estate Expert Tranio in London
+44 17 4822 0039
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