www.savills.co.uk/licensedleisure

� Free of Tie public house between Highgate Village and Archway

� c. 9 years unexpired lease term

� 9-bedroom letting room potential (STC) plus owner’s flat

� Prominent location close to Whittington Hospital

� Scope to develop food and drink business

� Sale of alcohol until 1:00am Thursday to Saturday

Licensed LeisureThe Old Crown90 Highgate Hill, London, N19 5NQ

Leasehold - Premium Offers Invited

Savills 33 Margaret StreetLondon W1G 0JD

+44 (0)7807 999 504

LocationThe property occupies a prominent position at the junction of Highgate Hill, Hornsey Lane, Dartmouth Park Hill and Highgate High Street in the London Borough of Islington, north London. Located to the west of the property is a residential area of Highgate which in turns leads to the green space of Parliament Hill and Hampstead Heath. Highgate Village is located 400 metres (0.3 mile) to the north with densely populated residential areas located in all other directions.

Public transport communications are good with Archway Underground station 650 metres (0.4 miles) providing Northern Line services and Upper Holloway Overground station 1.0 kilometre (0.7 miles) to the south east.

Property Description The Old Crown is an imposing Grade II Victorian property arranged over basement, ground and two upper floors. The property is of mainly brick construction under a pitched tiled roof with an imposing copper tiled turret roof design. There is separate access to the first floor located to the side fronting Hornsey Lane.

Internal DescriptionThe main trading area is located at ground floor level with features including prominent central bar servery, open plan trade kitchen with a raised seated section to the rear. Ancillary space includes ladies and gents WC’s. Further ancillary space includes basement, cold room and storage.

The private accommodation is located on the upper floors and is laid out as follows:

First Floor Six bedroom accommodation, WC and circulation areas (located in the former function room).

Second Floor Three bedrooms with additional four-bedroom self-contained flat (includes bedroom and kitchenette).

External DescriptionLocated to the rear of the property is a terraced beer garden with seating for around 40 customers. To the side and front of the premises are further beer garden areas. Within the demise located on Highgate Hill is private car parking for around 20 vehicles.

Important Notice

Savills, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Designed and Produced by Savills Marketing: 020 7499 8644 | January 2017

Chris Bickle 023 8071 3943 cbickle@savills.com

Andrew Robinson 07967 184 320 andrew@a3a4licensedproperty.com

ViewingFor a formal viewing, strictly by appointment with Savills or through joint agents. Staff are not aware of the sale so please be discreet if visiting as a customer.

NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

The Business The Old Crown operates as a traditional wet-led public house with additional Bed and Breakfast accommodation. B&B rooms comprise four doubles, one family and three twins with prices ranging from £30 to £80 dependent upon the season. An indication of trade is available upon request, however no trade will be warranted.

TenureWe understand the premises are held on the remainder of a 30 year Enterprise Inns (Unique) Lease from the 6 December 1995 (c. 9 years unexpired). We understand the current rent is £80,000 per annum and the December 2015 review is currently outstanding. Rent reviews are every five years. The lease is free of all ties and is renewable within the 1954 Landlord and Tenant Act (Part II).

Premium The vendor is seeking premium offers for the benefit of the lease, goodwill and fixtures and fittings.

PlanningWe have made enquiries of the Local Authority and understand the property currently benefits from Class A4 use and is Grade II listed.

LicensingThe property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the pub is permitted to sell alcohol Monday to Wednesday 10:00 to 23:00, Thursday to Friday 10:00 to 01:00 and Sunday 12:00 to 22:30. Other licensable activities are permitted.

RatingThe subject property is entered in the 2010 Rating List with a Rateable Value of £32,750. The National Multiplier for England and Wales for small businesses in 2016/17 is £0.489.

Fixtures and FittingsFixtures and fittings that are owned outright by the business are included in the sale.

Energy Performance Certificate A D-118 Rating has been calculated.