The Baring, 55 Baring Street, London
£291.62 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,772 sq ft
350 sq m
- SECTOR
Mixed use property for sale
Key features
- The vendor is open to selling the property prior to auction
- Let on a 15 year lease from 2022
- A dwelling space is located top floor
- Total GIA an approx. 355 sq m (3,772 sq ft)
- 6 week completion available
- Freehold period pub situated within attractive and high-value residential area
- 5 yearly rent review with minimum uplift to £85,000 p.a. at 1st rent review
- Future development potential to convert upper floors in residential dwellings
- Enclosed rear Patio area
- Investment let at £80,000 p.a. rising to minimum of £85,000 p.a. in 2027
Description
The property benefits from a Premises Licence permitting the sale of alcohol from 10:00am until 11:00pm Monday to Saturday and from noon until 10:30pm on Sunday.
We have been advised that the new tenant has modernised the ground floor premise
Please note a number of the photos are Historic - we advise any incoming purchaser to do there own due diligence
The pub lies within an area administered by the London Borough of Islington near its border with the Borough of Hackney approximately 2.5 kilometres (1.5 miles) north of the City of London (Bank Station).
The building fronts Baring Street at its junction of Wilton Square.
The Regents Canal and New North Road (A1200) lie circa 150 metres to the south west.
The surrounding area comprises predominantly low-rise, attractive period Victorian terraced houses of high value and good quality.
Transport
National Rail - Essex Road (Great Northern)
Overground - Haggerston
Underground - Angel (Northern)
Brochures
The Baring, 55 Baring Street, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Essex Road Station0.4 miles
- Haggerston Station0.5 miles
- Hoxton Station0.6 miles
Notes
Disclaimer - Property reference AD9B2CAB-0C0B-409F-B936-C916C1079654. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills Auctions- Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills, Savills Auctions- Commercial on 020 3834 8097.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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