LONDON - CLOSED PUB WITH POTENTIAL FOR ALTERNATE USE

Wood Green, London

Ref: 46611

£1,850,000 Freehold

Key Features

  • Prime position close to Wood Green station
  • Sizeable two-storey detached public house
  • Circa 5,000 sq ft (GIA)
  • Extensive 10 bedroom accommodation
  • Currently closed
  • Suitable for alternative use (STPP)
  • Precis

    Rare freehold opportunity in London. Closed public house with potential for conversion or development.

    Location

    The Jolly Anglers is situated in Wood Green, a suburban district in the borough of Haringey in London. Wood Green lies directly to the east of Alexandra Palace and is 6.5 miles from Charing Cross. The area is predominantly residential centralised around a busy high street housing a large number of national retailers. Since 2018, Wood Green has been the focus of one of two major regeneration programs undertaken by the London Borough of Haringey, transforming the area and providing new homes, businesses and high-rise buildings. Wood Green is also one of the suggested stations along the new Crossrail 2 transport development.

    Wood Green is serviced by London Underground services on the Piccadilly Line with fast tube access to vital hubs including Kings Cross/St. Pancras International, Finsbury Park and Piccadilly Circus. The area is served by a comprehensive TfL bus network.

    The Jolly Anglers occupies a two-storey detached Edwardian property understood to date from 1905. The property is of brick construction under a pitched tile roof and is conveniently positioned in a prime location close to Wood Green Station, along Station Road, the main arterial route between Wood Green and Alexandra Palace. The property is understood to measure in the region of 5,000 sq ft (GIA), enjoying a footprint in the region of 2,637 sq ft. The property is not a listed building, not listed as an Asset of Community Value, nor lies within a Conservation Area. The property is in need of extensive refurbishment throughout.

    Property

    GROUND FLOOR
    Entrance from Station Road via lobby into OPEN PLAN BAR AREA. The bar occupies the majority of the ground floor and is tiered, centralised around u-shaped bar servery.

    Offset are LADIES and GENTLEMAN's WCs.

    BASEMENT CELLAR with delivery access from front of property.

    FIRST FLOOR
    Accessed from the bar is accommodation comprising:
    - FORMER TRADE KITCHEN with extractor
    - 3 x SINGLE BEDROOMS
    - 2 x DOUBLE BEDROOM
    - LIVING ROOM/DOUBLE BEDROOM
    - BATHROOM
    - WC

    SECOND FLOOR
    Further accommodation comprising:
    - 3 x DOUBLE BEDROOMS
    - SHOWER & WC ROOM

    EXTERNAL
    - SIDE PATIO, part covered
    - REAR TRADE PATIO, accessed from the bar or via Brabant Road

    The Business

    The business is currently closed and has not traded for the past three years. Historic trade accounts are unavailable and no trade is sold or warranted.

    Prospective purchasers must make their own assumptions as to potential trade levels giving due regard to the location and size of the property as well as the local demographics.

    Tenure

    FREEHOLD £1,850,000. Sold as seen with Vacant Possession.

    Any fixtures and fittings that remain on the premises at the time of completion will be included in the sale. Any third party items and items such as beer raising and cellar cooling equipment, branded items, and gaming machines etc. will be excluded. An inventory will not be provided. The vendors will not be required to remove such items that remain on the premises.

    VAT will apply on the sale of this property. It will be levied on the sale price of the freehold at the standard rate on 90% of the purchase price. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    No Premises Licence is held. Interested parties must make their own enquiries with the Local Authority.

    Services

    All mains services are connect.
    Rateable Value: £32,000.
    Local Authority: London Borough of Haringey

    Planning

    The property falls within the Sui Generis class usage, historically A4. We are of the opinion that the property is suitable for alternative uses, subject to planning permission.

    Enquire about this listing

    Robert Cockayne
    South East & London