1 Kilburn High Rd 5,727 SF Retail Building London NW6 5SE $2,676,266 ($467.31/SF)

The Queens Arms is situated in Kilburn, a vibrant and densely populated suburb which is located approximately 2.5 miles (4 kilometres) north-west of Central London to the west of St Johns Wood. The property occupies a prominent position on the A5 Kilburn High Road, the area’s principal commercial thoroughfare. It is situated just 0.2 miles (0.3 kilometres) from Kilburn High Road Station (Lioness Line), 0.3 miles (0.5 kilometres) from Kilburn Park Underground Station and 0.5 miles (0.8 kilometres) from Maida Vale Underground Station, both of which are served by the Bakerloo Line. The Marriott Maida Vale which has 237 rooms is located diagonally opposite the property and has a Carluccio’s restaurant. The remainder of the surrounding area is primarily made up of a mix of national and local retailers and residential property with occupiers nearby on Kilburn High Road including Starbucks, Chaiiwala and Tesco Express.
Freehold Tied Public House Investment for Sale in Kilburn The property comprises a traditional two-storey building arranged over a basement, ground, and first floors. The elevations are of painted brick set beneath a multi-pitched clay tile roof and complemented by sash fenestration.
Freehold tied public house investment opportunity Located within close proximity to Kilburn Park and Maida Vale Underground stations and Kilburn High Road Overground station Site area approximately 0.113 acres (0.046 hectares) Property arranged over basement, ground and first floor levels Held on a three year rolling lease agreement expiring in February 2027 Current Tied Rent of £85,770.59 per annum Ability to significantly increase income through the beer tie Business unaffected We are instructed to invite offers in the region of £2,000,000 + VAT (if applicable) reflecting a low capital value of £305 psf Ground Floor: The ground floor comprises multiple trade areas with a central bar servery. The right-hand bar includes a corner servery and loose seating for approximately 32 customers. The left-hand bar leads to a rear restaurant area accommodating approximately 46 covers. The main bar area offers loose seating for approximately 56 customers. Ancillary facilities include two sets of customer WC’s. First Floor: The first floor comprises a commercial kitchen with a dumb waiter, along with a staff WC and shower room. The remainder of the floor provides living accommodation, including four bedrooms, a kitchen, a bathroom and a separate WC. Basement: The basement includes a large beer cellar with additional storage areas, as well as a section currently used as the manager’s office. Externally: Externally, there is an outdoor trade area located at the front of the building which falls within our clients' ownership. To the side, additional seating is provided on benches positioned outside our clients' demise. A small car park is also situated to the rear of the property.
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003 the premises are permitted to sell alcohol at the following times: - Monday to Thursday : 10:00 - 23:30 - Friday to Saturday: 10:00 - 00:00 - Sunday: 12:00 - 22:30 The site falls within the sui generis pub use class and lies outside of any designated floor zones. The building does not have a listing with Heritage England and is not situated within a Conservation Area. The local authority for the site is City of Westminster, and further information can be found on their website: www.westminster.gov.uk The property is held freehold (Title Number NGL376738).
The property is held under a tied tenancy to a private individual, initially granted in 2015, and operating on a three-year rolling agreement. The current rent is £85,770.59 per annum, with the tenancy benefitting from the protection of the Landlord & Tenant Act 1954. The lease benefits from annual RPI linked rent reviews in addition to 3 yearly rent reviews. The next expiry or review date is 4 February 2027. The agreement is internal repairing and the tenant is tied to purchase all beer and cider from the landlord. Further details are available upon request.