Operators sought for five pubs and bars around London


lost society

Five bars and pubs around London have been put on the market by property management company Golfrate, including The Lost Society in Battersea and Filthy McNasty’s in Islington.

It has appointed specialist leisure agency Restaurant Property to find operators for the sites on new leases of 15 to 25 years and a nil premium basis.

The Lost Society (pictured) on Wandsworth Road, covering 4,159 square feet over ground, first and second floors, is available on a rent of more than £100,000 per year.

Filthy McNasty’s, famous for its poetry nights, covers 3,000 square feet over a ground floor and basement, on a corner location on Amwell Street. Restaurant Property is seeking a rent of more than £70,000 per year.

The 2,300 sq ft Peacock on Falcon Road in Battersea consists of a ground floor and basement on a prominent corner position, a short walk from Clapham Junction station. Restaurant Property is seeking offers on the rent of more than £50,000 a year.

The 2,788 sq ft pub The Surprise on Vauxhall Bridge Road is also in a prominent corner position, covering the ground floor and basement, located between Victoria and Pimlico tube stations. Offers of a rent more than £90,000 per year are being sought.

The Bailey, also on a prominent corner location on Holloway Road, is just metres from Highbury and Islington station. The 4,400 sq ft property is spread over a ground floor and basement and is available on a rent of more than £50,000 per year.

Restaurant Property sales director Mark Calder said: “These pubs, if taken as a portfolio, would be a great springboard to provide geographical reach and grow a brand given their great locations.

“But we are also already aware of interest in single assets from local operators who are seeking to expand, in both north and south London.”

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