Rose, 35 Albert Embankment, London, SE1 7TL

Description
The Rose occupies a highly prominent position along the riverside and is arranged over ground, basement and three upper floor levels. The property is of brick construction under a mix of pitched and flat roofs

Location
Located on the historic Albert Embankment in Vauxhall, on the southern bank of the River Thames, The Rose occupies a high-profile riverside position directly opposite the Palace of Westminster, one of London’s most politically and commercially significant corridors.

The pub sits on Albert Embankment close to its junction with Lambeth Road. This section of the Embankment benefits from strong pedestrian flow generated by riverside footfall, nearby offices, hotels, and major civic institutions. Surrounding occupiers include St Thomas’ Hospital, MI6, Park Plaza Hotel, and the rapidly expanding Nine Elms district anchored by Battersea Power Station and the US Embassy.

Vauxhall station is within a 6–7-minute walk providing national rail services to Surrey and other services in the southwest. The Victoria Line provides
connections between the West End and King’s Cross and extensive bus routes around south London. Lambeth Bridge lies a short walk to the north, offering direct access to Westminster, Whitehall and St James’.

Accommodation
GROUND FLOOR: Open plan trading area with a central bar servery and seating on loose tables and chairs for 80 customers. Ancillary areas comprise customer WC’s.

BASEMENT: The basement provides a manager's office, stores and cellar.

FIRST: The first floor provides a function room with separate bar servery and seating on loose tables and chairs for 36 customers. Ancillary areas comprise a trade kitchen.

SECOND: The second floor provides three double bedrooms, a large bathroom and kitchen.

THIRD: The third floor provides a further three double bedrooms with a large bathroom and additional kitchen.

Tenure and Tenancy
The property is Freehold (Title Number 256179).

The property is let to Rose & Albert Property Co Ltd (Company Number 15345297) on a 10-year lease expiring in December 2033 at a current rent of £208,000 per annum. The rent is subject to five-yearly upwards-only rent with the next review due in December 2028. There is a landlord break clause in December 2027 and December 2031 which may be exercised by giving no less than 6 months’ notice in writing. The lease is contracted outside of sections 24-28 of the Landlord & Tenant Act 1954.

Planning
The property is not historically listed but is locally listed and situated within the Albert Embankment Conservation Area. A pre-application enquiry has been undertaken with the London Borough of Lambeth, which produced a positive response. The preapplication proposals comprised the retention of the public house together with the conversion and extension of the upper floors to provide a 23-bedroom hotel. A copy of the pre-application and response is available on request.

Fixtures & Fittings
The fixtures and fittings are owned by the occupation tenant and are excluded from the sale.

VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis that the purchasing entity is VAT registered.

EPC
An EPC is in the course of preparation.

Rateable Value
2026 - £117,000

Premises Licence
The property has the benefit of a Premises Licence which
permits the sale of alcohol at the following times:
• Monday to Saturday: 11:00 to 05:00
• Sunday: 10:00 to 02:00

Terms
We are instructed to invite offers in excess of £2,400,000 (8.15% NIY) assuming usual purchaser’s costs. A sale at this level would reflect a capital value of £435 per square foot. The business will continue to trade unaffected from the premises during the marketing of the property and post completion of the sale.

Money Laundering
Money Laundering Regulations require Savills to conduct mandatory checks on all purchasers. Prospective purchasers will need to provide proof of identity and residence.

Viewings and Contacts
All viewings must be made by prior appointment and under no circumstances should and direct approach be made to any of the occupational staff.

For further information and all viewing requests please contact the sole selling agents Savills.