Opportunity to acquire pub in Hackney through Christie & Co
Specialist business property adviser, Christie & Co, has been instructed to market The Duke of Richmond, a well-established neighbourhood pub-restaurant in Hackney, London.
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The virtual freehold is on the market as an investment sale, tenanted until 2045. The property features an elegant dining space and an outdoor seating area for al fresco dining on the ground floor, and a basement kitchen. It is positioned in a prime corner location on Queensbridge Road with excellent public transport links and surrounded by local amenities and a vibrant community.
The trading business is unaffected by the investment sale and the pub will continue operating as normal.
David Wilson, Associate Director – London Pubs & Restaurants at Christie & Co is managing the sale and commented, “The Duke of Richmond is a great opportunity for an investor, with the guide price reflecting a 12% yield. Currently leased to an experienced operator until 2045, the property presents an exciting opportunity for an investment buyer to acquire an established venue in London.”
The Duke of Richmond is on the market with a virtual freehold asking price of £500,000.
For more information, visit the property page here: https://www.christie.com/4256569/
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: 07561 115179
E: jasmine.davis@christie.com
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