London Retail for Sale - Hampstead Heath
Located in the desirable district of Highgate in North London, approximately 5 miles (8 kilometres) north of the West End. The Winchester occupies a prominent position on Archway Road, a busy main thoroughfare linking Highgate to Archway and Holloway to the south and East Finchley to the north. The property is well positioned within a vibrant residential community, close to a range of shops, restaurants and amenities, and within walking distance of Highgate Wood and Waterlow Park. Highgate Underground Station (Northern Line) is situated 0.2 miles to the north, providing direct services into central London, with numerous bus routes running along Archway Road enhancing connectivity across the capital.
Freehold Public House Investment For Sale in Highgate, Business Unaffected The property comprises an attractive four-storey building arranged over basement, ground, first, second and third floors. The elevations are of brick beneath a multiple pitched and flat roof, and are complemented by a mix of glazed fenestration. The public house is arranged over ground and basement and was subject to a comprehensive refurbishment throughout in 2022 by the tenant. The 11 residential flats above are not included in the sale.
Public house investment for sale Site area of 0.130 acres (0.053 hectares) Property arranged over two levels extending 3,489 ft2 (324 m2) Property was subject to comprehensive refurbishment in 2022 Rent received of £80,500 per annum Offers in the region of £1,500,000 invited Basement: The basement provides male and female toilets, beer storage, an office, additional cellar/storage space and a commercial kitchen that is currently under construction. Ground Floor: The ground floor comprises a traditional open-plan trading area arranged around a central bar servery. Seating is a mix of fixed and loose tables and chairs, providing approximately 117 covers in total. To the front of the property, The a pavement licence allows for a further 15 covers.
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003 the premises are permitted to sell alcohol at the following times: Sunday to Wednesday: 08:00 - 00:00 Thursday to Saturday: 08:00 - 01:30 The site falls within the sui generis pub use class. It is not listed, lies outside any prohibitive flood risk zones, and is not situated within a Conservation Area. The local authority overseeing the site is Haringey Council, and further information can be found on their website: www.haringey.gov.uk The property is held freehold (Title Number MX201592).
