The Blenheim, Chelsea, London
This week's star buy represents a top opportunity to lease a pub in the sought after area of Chelsea in London.
The Blenheim is set close to such landmark streets as Sloane Avenue, Fulham Road and Kings Road. The property is arranged over five levels, with a cellar, ground floor public house, first floor function rooms and kitchens, and staff accommodation on the second and third floors.
There's room for improvement too, with planning consent granted in 2002 to develop the property, to provide a pub on both the ground floor and basement, with three self-contained two-bedroom residential flats on the first, second and third floors.
The lease will be on a minimum 15-year term, subject to five-yearly upward-only rent reviews. Agent, Intrinsic Property, is inviting offers in the region of £135,000 per annum.
For further information call Simon Kelly on 020 7629 5658.