Hoxley & Porter
14 May 2018

Private Porter

AG&G acted for a private vendor in the sale of the Hoxley & Porter on Upper Street, in London’s Islington, to a private investor.

Key info about the pub

Freehold investment let to Ei Group plc until 2045

Attractive Listed Grade II building

Lease term 35 years (27 years unexpired) with a passing rent of £82.5k per annum

Circa 600m from Highbury & Islington Station (Overground & Victoria Line)

Gross internal area approximately 300sqm (3,227sq ft)

Interesting fact

The sale price produced a net initial yield of circa 3.7%.

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.

8 Exchange Court,
London, WC2R 0JH