The property comprises a substantial, end of terrace building arranged over ground, first and second floors. The ground floor ground is a pub of approximately 1,580 sqft (146.8m²), comprising main trading area with bar servery, trade kitchen, male & female toilets and rear store / cellar. The ground floor is let to Four Acres Taverns Limited on FRI lease expiring 30th May 2043 without breaks, at a rent of £52,000 per annum exclusive.
The upper parts have an independent entrance from Sparsholt Street and comprise 3no. modern, self-contained flats. The first floor provides 2no. one bedroom flats, one with roof terrace, with a two bedroom flat, with roof terrace, on the second floor. All three flats are let on Assured Shorthold Tenancies, producing a total income of £58,800 per annum.
The property occupies a prominent corner position on the western side of Crouch Hill (A1201), at its junction with Sparsholt Street, immediately adjacent to Crouch Hill (London Overground) Station. The immediate area is a mixture of local shops, businesses and restaurants, serving the surrounding densely populated, affluent residential streets, largely comprising Victorian houses, converted and purpose built flats.
FREEHOLD OFFERS IN THE REGION OF £2.2M STC.
