The Gladstone Arms 64 Lant St 1,899 SF Retail Building London SE1 1QN $1,507,072 ($793.61/SF)

Located in within the London Borough of Southwark, 1.0 mile (1.6 kilometres) east of Waterloo and 1.8 miles (2.9 kilometres) south east of Central London. The Gladstone Arms is situated on Lant Street in a predominantly residential area and is located a short walk from Borough Underground Station which provides London Underground services via the Northern Line giving fast travel to the City of London (Bank Station) in approximately 5 minutes. Borough Market is located just 0.4 miles to the north of the property.
Zone 1 London Freehold Public House Investment For Sale Extending to 1,79 Sq Ft (175 Sq M) The property comprises the basement, ground, first and second floors of a two storey detached building with exposed brick elevations beneath a mansard roof.
Freehold Zone 1 public house investment Entire property let to Pegz N Frazes Limited Property arranged over four levels extending to 1,879 Sq Ft (175 Sq M) Managers accommodation at second floor level Current rent of £80,000 per annum Lease expires December 2031 The rent is subject to five yearly open market rent reviews with the next review in December 2026 Rent deposit of £96,000 is held by the landlord We are instructed to invite offers in excess of £1,120,000 (6.75% NIY) Business unaffected by sale Basement: The basement provides cellar and stores as well as a managers office. Ground Floor: The ground floor provides an open plan trading area with the bar servery located to the side and seating on loose tables, chairs and benches for 34 customers. Customer WC's are located to the rear. First Floor: The first floor provides a private function room with and seating for 20 customers. Ancillary areas include customer WC’s, trade kitchen and a dry store. Second Floor: The second floor provides managers accommodation which provides one double bedroom, a living room and bathroom. Externally: There is a balcony located on the first floor which provides seating on loose tables, chairs and benches for 10 customers.
The fixtures and fittings are currently owned by the occupational tenant.