07 September 2008

Young Love for Belsize Beauty

Licensed leisure specialist AG&G has sold a prestigious public house in the sought after area of Belsize Park, North London on behalf of Mitchells & Butlers. 

The Roebuck, an attractive building opposite the Royal Free Hospital was sold for just over £2,250,000 to pub giant Youngs. 

AG&G director James Grimes says of the transaction: “The property was marketed discreetly and sold to Youngs, who continue to buy select properties. Our office alone has transacted around £20million with them since April, demonstrating their continuing desire for acquisitions.” 

Youngs plans to upgrade the property, a landmark building with almost 7,000 sq ft of floor space, with a good trade garden and basement bar, close to the entrances of Hampstead Heath. 

For more information on this or other property deals, please contact James Grimes on 0207 836 7826.

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

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