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Floorplan
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    Key features

    • A freehold pub investment located in the heart of De Beauvoir estate (Haggerston/Dalston)
    • An approx. 6,167 sqft across 4 floors
    • Let to Ei Group Limited (wholly owned subsidiary by Stonegate Group)
    • Let on a FR&I lease from 2015 until 2045
    • Outstanding rent review from 2025
    • Five yearly open market reviews
    • 6 week completion available
    • Low capital value of £210.79 per a sq ft on guide price
    • Investment let at £82,500 p.a. (6.87% GIY on guide)

    Description

    Please click here for the legal pack.

    A substantial freehold public house investment occupying a prominent position in the sought-after De Beauvoir area of North London. The property comprises approximately 6,167 sq ft (573 sq m) arranged over basement, ground, first and second floors, including extensive trading accommodation, ancillary areas and residential-style upper floor accommodation.

    The property is fully let on a full repairing and insuring lease expiring in 2045. The current passing rent is £82,500 per annum, with an outstanding rent review from 2025, offering the potential for future rental growth.

    Located between Haggerston and Dalston, in the heart of the popular De Beauvoir neighbourhood, the property benefits from a vibrant surrounding catchment and strong underlying occupational demand. The investment offers secure long-term income together with asset management potential through the outstanding rent review.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to the floor plan

    An approx. 6,167 sq ft

    Basement: The basement comprises cellar and stores.

    Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables and chairs. Ancillary accommodation includes a trade kitchen, stores and customer WC’s.

    First Floor: The first floor comprises two additional trading areas with a separate WC.

    Second Floor: The second floor comprises the managers accommodation which provides two bedrooms, bathroom and living room.

    Externally: There is an enclosed courtyard to the rear with seating on wooden benches as well as two balcony’s at first floor with external seating. There is additional seating to the front elevation which is held by way of a pavement licence.

    Tenancy

    The Talbot

    • The entire property is let to Ei Group Limited (Company No. 02562808)
    • On a 35 year FRI lease from 1st December 2010 (Title Number AGL22917)
    • At a current rent of £82,500 per annum
    • Subject to five yearly open market reviews.
    • The rent review on 1 December 2025 remains outstanding
    • Tenant break option on 1 December 2035
    • The entire property is sublet to Frontier Pubs Limited (Company No. 10113513) on a sub-lease expiring 25th November 2045.

    Rent

    £82,500 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

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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

      The property occupies a prominent position on Mortimer Road in the popular De Beauvoir Town area of North London, between Islington and Dalston. The location benefits from a vibrant mix of residential, retail and leisure uses, with Dalston Junction and Haggerston stations both within easy reach, providing convenient access to Central London.

      Transport

      The property is well connected, with Dalston Junction and Haggerston Overground stations within walking distance, providing regular services across London. Numerous local bus routes serve the surrounding area, and the A10 Kingsland Road offers convenient road access to Central London and the wider motorway network.

      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.

      •Some properties might be open to offers prior to auction. Exchange will take place, subject to contract and no higher offers, on auction terms and as per the legal pack. Please contact the auctioneer with your best and final offer, their details can be found on each lot page.

      •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.

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