CAMDEN HIGH STREET PUB LEASE FOR SALE *2AM PREMISES

CHARTERED SURVEYORS • LICENSED LEISURE SPECIALISTS
CAMDEN HIGH STREET
PUB LEASE FOR SALE
*2AM PREMISES LICENCE
BEATRICE PH
55 CAMDEN HIGH STREET
CAMDEN
LONDON
NW1 7JH
• Surrounded by a mixture of residential and commercial uses
• *Licensed to sell alcohol until 2am on Thursday to Sunday
• Situated between Camden Town and Mornington Crescent
Underground Stations (Northern Line)
• Eight rooms to the upper parts
• Gross internal area approx. 423 sq m (4,551 sq ft)
LEASEHOLD FOR SALE
£150,000
LonL215
LOCATION
The pub fronts the main leisure circuit of Camden High Street at its junction with
Miller Street. It is surrounded by pubs, bars, restaurants and retail properties. It’s
within a moments’ walk from Camden Market and Camden Lock.
Mornington Crescent Underground Station (Northern Line) lies approximately 150
metres to the south.
A location plan is attached.
DESCRIPTION
A corner building set out over three storey’s above part basement with a single storey
flat roof extension to the rear. The accommodation can be summarised as follows:Ground Floor
A largely open plan trading area fitted with an “L” shape bar
servery and a small open trade kitchen to the rear of the bar.
A set of customer wc’s lie to the rear.
Gross internal area approx. 175 sq m (1,883 sq ft)
First Floor
Three rooms, domestic kitchen, bathroom and wc.
Gross internal area approx. 85 sq m (915 sq ft)
Second Floor
Five rooms and wc.
Gross internal area approx. 73 sq m (785 sq ft)
Basement
Cold beer cellar with ancillary storage areas.
Gross internal area approx. 90 sq m (968 sq ft)
A site plan is attached.
GROUND FLOOR BAR AREA
SERVICES
We are advised that the property is connected to all mains services.
LICENSING
The Premises Licence permits the sale of alcohol from 10:00am until 1:00am on
Monday to Wednesday, from 10:00am until 2:00am on Thursday to Sunday.
RATING ASSESSMENT
The property is listed as Public House and Premises and has a Rateable Value of
£55,750.
TENURE
The property held by way of a 15 year lease from 24th January 2014 expiring in
January 2029. The lease is tied to Enterprise Inns. The rent passing is £69,000 per
annum with five yearly rent reviews. The lease provides options to release the
following products from the tie:Bottled beer
£3,000 per annum
Bottled cider
£2,000 per annum
Wine
£3,000 per annum
Spirits
£4,000 per annum
Minerals
£3,500 per annum
Flavoured alcoholic beverages
£ 80 per annum
A copy of the lease is available upon request.
VIEWINGS & FURTHER INFORMATION
The staff and management are unaware of the intended disposal and therefore
it is requested you respect the Vendor’s wish to keep the matter confidential.
The sale must not be discussed with any staff or customers.
A discreet customer inspection is encouraged initially. For further information and full
inspection please speak to Panayiotis Themistocli on Tel: 020 7836 7826 at the sole
selling agents AG&G.
NOT TO SCALE – PROVIDED FOR INDICATIVE
PURPOSES ONLY
NB:
This plan is based upon the Ordnance Survey Map with the sanction of the
controller of HM Stationery Office. Crown Copyright reserved. This plan is
published for convenience of purchasers only. It is for indicative purposes only,
it’s accuracy it is not guaranteed and is expressly excluded from any contract.
© Crown Copyright ES 100033218.
NOT TO SCALE – PROVIDED FOR INDICATIVE PURPOSES ONLY