09 January 2013

Royal flush in dramatic Chelsea

Back in the 1870s, there were three separate entrances to different snuggeries at Chelsea’s Finborough Arms, so the various social classes did not meet over their drinks, and the sanitary pioneer Thomas Crapper used to start his days in the appropriate bar with a bottle of Champagne.

Today, the 1868 building is known as the home of London’s top off-West End theatre, the Finborough Theatre, and its ground floor and basement are in need of a new operator.

“With a fabulous catchment area extending from the ultra-desirable Boltons to buzzy Earls Court, a landmark position that ensures its interior is flooded with light and almost 3,000 square feet of space to play with, we reckon it could make a fabulous restaurant, although a bar or retail are other possibilities,” says Michael Penfold of licensed leisure specialists AG&G, who are offering the property at a guide rent of  £60,000 a year.

“It’s just round the corner from Princess Diana’s bachelorette flat and not far from the Middleton girls’ Kings Road base so you could even end up with a royal client base.”

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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