28 May 2025: Wednesday 28 May 2025 - 9:00am
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    Key features

    • Investment Opportunity
    • Busy Public House investment
    • Situated in the heart of Dalston
    • Next to Dalston Junction Station
    • Prominent four storey building, the uppers floors have been sold off.
    • Rent reserved £80,000 per annum
    • Gross initial yield 10.6 % on guide
    • Let to Good Life (Dalston) Ltd
    • Parent company Urban Pubs and Bars Ltd
    • By order of the LPA Receivers

    Additional information

    Tenure

    Freehold - First second and third floors sold off on a 999 year from 06/07/2017 at a peppercorn ground rent

    Accommodation

    Ground floor - Bar area and seating (112 sq m - 1,205 sq ft)

    Basement - Cellar, Stores, Kitchen and Wc's (136 sq m - 1,463 sq ft)

    Total approximate area 248 sq m (2,679 sq ft)

    Tenancy

    Let to Good Life (Dalston) Limited (owned by Urban Pubs and Bars Ltd) on a 20 year lease from 12th October 2020, with rent reviews at every fifth anniversary.

    Rent

    £80,000 per annum
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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Situated in central Dalston, a prominent corner position at the junctions of Dalston Lane and Balls Pond Road.

      Adjacent to the station entrance this is a busy and fashionable area with a high footfall, there are many independent traders in the immediate area providing a good range of shops bars and restaurants.


      Transport

      Dalston Junction - National Rail , Windrush Line

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums