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Licensed Leisure Cured Bar Licensed Leisure Cured Bar 209 - 211 Liverpool Road, Islington, London N1 1LX Free of Tie Public House - Premium £125,000 Free of tie pub and café bar located in an affluent north London suburb Ground floor bar (64) and beer gardens (42) Recently refurbished property with fitted trade kitchen Close to other established dining pubs and bars Well presented 3-bedroom accommodation May suit both drinks led and food orientated operators Savills Southampton Savills London 2 Charlotte Place 33 Margaret Street Southampton SO14 0TB London W1G 0JD +44 (0) 7807 999 504 +44 (0) 20 7299 3088 savills.co.uk Location The subject property is located in the sought after Barnsbury area of Islington in north London and is situated on Liverpool Road which connects with Highbury & Islington and Angel Islington underground stations, both are 0.5 mile (850 metres) to the north and south respectively. The immediate area comprises a mix of commercial space surrounded by densely populated and mainly affluent residential housing. Public house and restaurant operators in the area include The Pig & Butcher, The Regent, The Draper’s Arms and The Albion. The area is administered by the London Borough of Islington. Property Description A mid-terraced public house constructed over basement, ground and two upper floors of mainly brick elevations with a mansard roof. Internal Description The ground floor bar and dining areas provide 64 seated covers. Features within the bright and spacious interior include a zinc top central servery, wood panel walls and stylish fixtures and fittings. Customer WCs are provided. The cellar is situated at basement level and includes cold room, spirit and wine storage and walk-in refrigerator. Located at first floor level is a trade kitchen with dumb waiter, dry storage, office, staff kitchen, WC and a private terrace. Accommodation At second floor level is further accommodation comprising three double bedrooms, one of which is en-suite, kitchen/reception and a bathroom. External Description Ground 123 sqm / 1,324 sq ft First 89 sqm / 958 sq ft Second 48 sqm / 517 sq ft Basement 85 sqm / 915 sq ft Total 345 sqm / 3,714 sq ft NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. External Description Planning Located to the rear is a walled beer garden which provides open and We understand the property currently benefits from Class A4 use. We covered customer seating for around 24. To the front is a decked area understand the property is not listed but is located in the Barnsbury for a further 18 customers. Conservation Area. The Business Licensing Cured Bar is an Italian influenced neighborhood pub, bar and restaurant The property has been granted a Premises Licence in accordance serving independently produced beers, wines, cheeses and cured meats with the Licensing Act 2003. We understand that the pub is permitted and fish. The property has a long history as a wet-led public house and to sell alcohol Monday to Saturday 10:00-23:30 and Sunday 12:00- therefore may appeal to a wide range of operators. An indication of trade 22:30. Opening hours may vary; please check if conducting a discreet levels may be provided but no figures will be warranted. customer visit. For more information please visit www.curedbar.co.uk Rating Tenure The subject property is entered in the 2017 Rating List with a Rateable Value of £17,000. The national multiplier for England and Wales for Free of Tie Leasehold. We understand the property is held on the 2018/2019 is £0.493. remainder of a 20 year lease. The current passing rent is £60,000 per annum exclusive. We understand rent reviews are five yearly. Energy Performance Certificate Premium A copy of the EPC Certificate is available upon request. A E-(118) Reduced to £125,000 for the leasehold interest inclusive of goodwill Rating has been calculated. and fixtures and fittings (inventory to be provided). Stock at valuation Viewing will be purchased in addition on completion. For a formal viewing, strictly by appointment with Savills. Staff are not aware of the sale so please be discreet if visiting as a customer. Contact Chris Bickle Stuart Stares +44 (0) 7807 999 504 + 44 (0) 207 299 3088 [email protected] [email protected] Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | July 2018.
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