The Oliver Conquest
70 Leman Street
E1 8EU

Attractive Central London Public House Investment

  • Let on a New lease until 2031(No Tenant Break Options)
  • Attractive City of London fringe Public House with Residential 2nd floor.
  • Close to Tower of London and the heart of the City of London
  • Directly Opposite Unite Student Halls (617 rooms)
  • Annual Rental increases by £15,000pa to £165,000 pax
  • Outside the Landlord & Tenant Act 1954 with Landlords Option to break
  • Lot
  • Auction
  • Rent
    £90,000 per Annum Exclusive
  • Status
  • Price*
  • Sector
  • Auction Venue
    Live Streamed Auction
  • The  Oliver Conquest, 70 Leman Street, London, E1 8EU
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

500 metres north of the Tower of London
100 metres east of the City of London
A13, A1203
Aldgate East Underground Station, Tower Hill Underground Station, Liverpool Street Mainline and Underground Station, Fenchurch Street Mainline Station, Tower Gateway DLR Station
London City Airport, London Heathrow Airport

Leman Street (A1202) is immediately east of the City of London and runs from Aldgate, one of the City of London's 7 historic gates to the Tower of London and St Katherine Dock to the south. The City of London's important City Tower cluster, with its skyscrapers including the Gherkin, The Cheesegrater, Twentytwo and Heron Tower are closeby to the east. The immediate locality has seen massive recent investment with a large number of new residential developments providing thousands of new high end residential flats.

The property is situated on the west side of Leman Street directly opposite Unite Student halls providing accommodation for 617 students and immediately adjacent to a major London Police Station.




The property comprises a Grade 2 Listed period public house building with Public House accommodation on the ground floor and First floor and ancillary accommodation in the basement. The second floor provides 4 room residential accommodation.
For a virtual tour please click here -


VAT is applicable to this lot.


The property is Grade 2 Listed but is not situated within a Conservation area. The property does not appear on the London Borough of Towers Hamlets register of Assets of Community Value that is published at


Band 'C'. See legal pack

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews/(Reversion)
Public House
Public House
68.20 sq m
111.20 sq m
98.40 sq m
82.50 sq m
(734 sq ft)
(1,197 sq ft)
(1,059 sq ft)
(734 sq ft)
t/a The Oliver Conquest PH
10 Years from
21st September 2021
until 2031 on full
repairing and insuring
lease (1)
rising by
to £165,000
£15,000 annual rent
increases for the first
6 years until the rent
reaches £165,000pax
Total Approx
Floor Area
 360.30sq m(3,878sq ft)  £90,000
rising by
to £165,000

(1) The lease is outside of the Security of Tenure provisions of the Landlord and Tenant Act 1954 and provide for a landlord rolling option to determine the lease on serving no less than 6 month written notice. The Seller is holding a rent deposit of £22,500 plus VAT.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Site Plan
    Updated Date
    File Size
    814 KB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF


John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135
Associate Auctioneers
AG & G 8 Exchange Ct
Panayiotis Themistocli 07973 856
Seller's Solicitors
Gunnercooke LLP 1 Cornhill
Sam Rosenthal

Useful Links

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