-
Location and Language SelectionUnited Kingdom
Location
-
Site Search:
- My Account
- Property details
- Contact an agent
Bay Tree Hotel, 59 Vicarage LaneLondon, E15 4HG
- Freehold
Key features
- Freehold public house investment
- Public house with 16 en-suite bedrooms on the upper floors
- Densely populated East London location
- Prominent corner position
- Potential to increase rental income by releasing beer tie
- Business unaffected by sale
- Approx. 900m from Stratford Overground & Underground Stations and 1.1km from Westfield Stratford City and Stratford International station
- Total GIA approx. 527.3 sq m (5,673 sq ft)
Freehold public house investment with 16 letting bedrooms for sale
About this property
Description
The substantial corner property is of brick construction with part painted and rendered elevations under a pitched slate covered roof. The property is laid out to provide accommodation on basement, ground and two upper floors.
Tenure & Tenancy
The property is held freehold.
The entire property is let for a term of 25 years expiring on 7th February 2037 to private individual at a current rent of £39,996 per annum which is subject to five yearly upwards only rent reviews. The tenant is currently tied to buy all drinks from the landlord.
On completion the successful purchaser will be able to trigger the “free of tie” market rent option.
Viewings
All viewings must be arranged through the sole selling agents Savills and under no circumstances should any direct approach be made to the occupational tenant or staff.
Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all Purchasers (including Agents). Prospective purchasers will need to provide proof of identity and residence.
Local information
- Stratford is a densely populated area of East London located 6 miles east of London’s West End which has seen considerable regeneration in recent years. The area was the central hub for the Olympics in 2012 with the Olympic Stadium since converted to become the home to West Ham United Football Club. The 1.9 million sq ft Westfield Stratford City Shopping Centre opened in 2011 and the area has seen a vast number of new high density residential schemes being built. Transport infrastructure into the area has also improved significantly in recent years with Stratford overground and underground stations (Central, Jubilee Lines & DLR) and Stratford International stations providing regular access to Central London and many parts of Kent.
- The Bay Tree Hotel is located to the east of central Stratford approximately 700m from Maryland Overground station, 900m from Stratford Overground and Underground stations and 1.1km from Westfield Stratford City. The property is more particularly located on the B164 Vicarage Lane at its junction with Ham Park Road in an area primarily made up of neighbourhood retail and residential uses. The Stratford Campus of Newham College is also located nearby.
Available space
| Floor / Unit | Type | Size | Status |
|---|---|---|---|
| Basement | Pub | 1061.97 sq ft | Available |
| Ground | Pub | 1710.49 sq ft | Available |
| 1st | Hotel | 1262.39 sq ft | Available |
| 2nd | Hotel | 1262.39 sq ft | Available |
| 3rd | Hotel | 377.28 sq ft | Available |