19 February 2013

New life for old Vintage

In a spin on the saying “New wine in old bottles”, one of the oldest pubs in Fulham looks set to become a restaurant after being sold through licensed leisure specialists AG&G for substantially more than the £1.25 million guide price.

Most recently called Vintage Bar, it was originally the Beggar’s Rest before becoming the White Hart for some 250 years. In recent years, the pub on Fulham Road has seen several incarnations.

“Now it looks likely to become a restaurant with an excellent catchment area, subject to the usual permissions,” says AG&G’s Michael Penfold. “There was strong interest in the freehold, leading to several offers.”

The building sits on a prominent site near Fulham Broadway Tube station and occupies three floors plus basement.

For more information, contact Michael Penfold on 020 7836 7826, e-mail michael@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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