Freehold investment in iconic Royal Vauxhall Tavern purchased for £2.2m
The Royal Vauxhall Tavern is an iconic LGBTQ venue in Vauxhall. The pub dates to 1860 and has hosted many acts including The Three Degrees, Gabrielle, Kim Wilde and Belinda Carlisle. The freehold investment has been purchased by a private investor for £2.2m reflecting a net initial yield of 6.32%. The buyer was represented by Michael Penfold of AG&G with Coffer Corporate Leisure acting for the vendor.