Golfrate, the property management company, is seeking operators for five pub sites located in south and north London.
The sites, which are available on new leases of 15-25 years and a nil premium basis, are the 4,159sq ft Lost Society, 697 Wandsworth Road, Clapham SW8; the 2,300sq ft Peacock Bar, 148 Falcon Road, Battersea; the 2,788sq ft Surprise Public House, 110 Vauxhall Bridge Road, Victoria SW1; the 3,000sq ft Filthy McNasties, 68 Amwell Street, Islington, EC1; and the 4,400sq ft The Bailey, 81 Holloway Road, N7.
Restaurant Property has been appointed to advise on of the portfolio.
The Lost Society close to Wandsworth train station is arranged over ground, first and second floors and is available on a rent in excess of £100,000 per year. The Peacock consists of a ground floor and basement on a prominent corner position, a short walk from Clapham Junction. The agent is seeking offers on the rent of in excess of £50,000 per year. The Surprise also on a prominent corner position consists of ground floor and basement and is located between Victoria and Pimlico tube stations. Offers of a rent in excess of £90,000 per year are being sought.
Filthy McNasties is not far from Angel Station and is close to a Jamie’s Italian and the Old Red Lion Theatre Pub. It consists of a ground floor and basement, on a prominent corner location. Restaurant Property is seeking a rent in excess of £70,000 per year. The Bailey again on a prominent corner location is just metres away from Highbury and Islington Station. The property spread of ground floor and basement is available on a rent in excess of £50,000 per year.
Restaurant Property sales director Mark Calder said: “These pubs if taken as a portfolio would be a great springboard to provide geographical reach and grow a brand, given their great locations. But we are also already aware of interest in single assets from local operators who are seeking to expand, in both north and south London.”
