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%.