The Slurping Toad in Bishopsgate, London, has been sold to
PizzaExpress. The pub covers three levels (basement, ground and mezzanine) and
is held on a 35-year lease from January 1997, at a £75,000 a year rent.
PizzaExpress paid a "substantial" premium.
This was followed by the sale of the Pimlico Wine Vaults and
Wine Library in Upper Tachbrook Street, London, to unknown property developers
for over £1m.
In the financial year to date, Eldridge Pope's disposal
programme has raised £18.3m
Berkeley Simmons Davis was the agent representing Eldridge
Pope in both deals.