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The Three Lords, 27 Minories, London, EC3N 1DE

Offers in Excess of
£995,000

£873.57 per sq ft

Business rates & charges may apply

Savills, Margaret Street - Licensed Leisure
SIZE AVAILABLE

1,139-2,805 sq ft

106-261 sq m

SECTOR

Pub for sale

Key features

  • Attractive City of London location
  • Ground floor and basement pub fronting Minories
  • GIA approx 261 sq m (2,805 sq ft)
  • Ground floor trading area and basement function room
  • Virtual freehold held on a 999 year lease until March 3004 at a peppercorn rent
  • 2am sale of alcohol licence
  • Google Link:
  • Guide Price - Offers in excess of £995,000 plus VAT

Description

Description
The property comprises the ground and basement of a five storey building with traditional stone elevations beneath a mansard roof.

Location
The Three Lords is located in the centre of the City of London fronting both St Clare Street and the Minories. The immediate area comprises hotels and other drinking establishments including Motel One, Canopy by Hilton, Slug & Lettuce and The Chamberlain Hotel (Fuller’s).

Availability_text
The accommodation comprises the following areas:

The ground floor comprises the main bar servery with an open plan trade area, trade kitchen, plant room and a store. The basement provides a further trade area with dedicated servery, customer WC’s, staff WC, cellar, stores and an office.

Tenure
Virtual Freehold (Title No. NGL846913). Held for a term of 999 years expiring on 11th February 3004 (circa 979 years unexpired) at a peppercorn rent. The area outlined blue on the plan is included at basement level only. The most recent service charge was £6,060 per annum.

Premises Licence
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol daily between 7am and 2am.

Trading
The premises are currently open and trading.

Rateable Value
2023 - £29,500.

EPC
B - 38

Planning
The building is not listed nor situated within a conservation area.

Fixtures and Fittings
Trade fixtures and fittings which are in the absolute ownership of the Vendor and in situ on completion will be included within the sale. Any branded or leased items and any items owned by third parties will be excluded.

Terms
Offers in excess of £995,000 are invited for the benefit of ours clients virtual freehold interest with vacant possession.

VAT
VAT will be applicable.

Viewings
All viewings must be arranged strictly by appointment with the sole selling agents Savills.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers. Prospective purchasers will need to provide proof of identity and residence.

Brochures

The Three Lords, 27 Minories, London, EC3N 1DE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aldgate Station0.1 miles
  • Tower Gateway Station0.1 miles
  • Fenchurch Street Station0.2 miles

Notes

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Disclaimer - Property reference 212905-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Margaret Street - Licensed Leisure. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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