29 August 2010

Buyer gives Libertaire freedom to set trends

Anarchists and investments don’t normally go hand-in-hand, but the new owner of Acton’s Libertaire night spot is confident that his oh-so-cool property won’t live up to its name.

The deal, at around the guide price of £1 million, is good news for west London party people because the buyer plans to continue with Libertaire’s existing uses, which range from club nights to hosting arts events and belly-dancing classes.

As a well-located, substantial freehold property with extensive residential accommodation, it represents a good investment prospect for its new owner,” says David Gooderham of licensed leisure specialists AG&G, who dealt with the sale.

“There is clearly a strong market for licensed premises with this kind of following – and potential.”

Libertaire, formerly known as the Captain Cook, is a semi-detached, Victorian-style building on Acton High Street. It has two stylishly-fitted trade areas, the front Glam Bar and separate Boogie Ballroom, and is becoming established as a destination venue for local trendsetters.

For more information, contact David Gooderham on 020 7836 7826, e-mail dgooderham@agg.uk.com or media@agg.uk.com.

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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