The Wooden Cross, 153 Crouch Hill Crouch End London N8 9QH

The Wooden Cross, 153 Crouch Hill
Crouch End
London
N8 9QH

London Freehold Long Let Public House Investment

Newly refurbished & rebranded pub in Affluent North London location
New 25 year lease to EI Group Limited with a guarantee from Stonegate Pub Company Limited (No Breaks)
5 yearly CPI linked rent increases subject to 1% minimum and 4% maximum (compounded annually)
Approximately 2,873 sq ft with beer garden
Includes flat on second floor
Nearby occupiers include Waterstones, M&S Simply Food, Little Waitrose, Gail's, Boots the Chemist, Costa, Sainsburys and Tesco
Low capital value of £313 per sq ft on Guide Price

Lot
6
Auction
10th July 2025
Rent
£60,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

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London Freehold Long Let Public House Investment

Newly refurbished & rebranded pub in Affluent North London location
New 25 year lease to EI Group Limited with a guarantee from Stonegate Pub Company Limited (No Breaks)
5 yearly CPI linked rent increases subject to 1% minimum and 4% maximum (compounded annually)
Approximately 2,873 sq ft with beer garden
Includes flat on second floor
Nearby occupiers include Waterstones, M&S Simply Food, Little Waitrose, Gail's, Boots the Chemist, Costa, Sainsburys and Tesco
Low capital value of £313 per sq ft on Guide Price

Lot 6
Auction 10th July 2025
Rent £60,000 per Annum Exclusive
Status Sold Prior
Price
Sector
Public House
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 1 mile south-west of Muswell Hill, 1.5 miles west of Highgate, 5 miles north of Central London
Roads: A1, A103, A109, A1201, A503
Rail: Highgate (Northern Line), Crouch Hill Rail (Overground), Hornsey Train Station
Air: London Heathrow Airport, London Luton Airport

Situation

Crouch End is an affluent and fasionable North London suburb approximately 5 miles north of Central London. The property is situated on the west side of Crouch Hill, close to its junction with Crouch End Hill and Coleridge Road. Nearby occupiers include Waterstones, M&S Simply Food, Little Waitrose, Gail's, Boots the Chemist, Costa, Sainsburys and Tesco as well as several well known pubs.

Tenure

Freehold.

Location

Miles: 1 mile south-west of Muswell Hill, 1.5 miles west of Highgate, 5 miles north of Central London
Roads: A1, A103, A109, A1201, A503
Rail: Highgate (Northern Line), Crouch Hill Rail (Overground), Hornsey Train Station
Air: London Heathrow Airport, London Luton Airport

Situation

Tenure

Freehold.

Description

The property comprises a newly refurbished and rebranded public house arranged over the ground, basement, first and second floors, and benefitting from an external beer garden and a flat on the second floor.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.	Rent Review
Ground Basement First Second	Public House Ancillary Ancillary Residential	267.00	(2,873)	EI GROUP LIMITED with a guarantee from STONEGATE PUB COMPANY LIMITED (2)	25 years from 05/12/2024 until 04/12/2049	£60,000	05/12/2029 and 5 yearly thereafter to CPI (1% minimum and 4% maximum compounded annually)
Total		267.00	(2,873)			£60,000

(1) The areas stated above are sourced from the Energy Performance Certificate.
(2) Following the acquisition of EI Group, Stonegate Pub Company is now the largest pub company in Britain with over 4,500 sites. The company operates traditional pubs in both high street and suburban locations, as well as leading branded bars including Slug & Lettuce, Yates, Walk about and Be At One (www.stonegategroup.co.uk). The lease is also guaranteed by Town & City Pub Group Limited and Bay Restaurant Group Limited.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.