Guide price
£585,000
(£209.23/sq. ft)
Pub/bar for saleHigh St, Caterham CR3
2,796 sq. ft
About this property
Freehold pub investment in Caterham, South London
Total accommodation of approximately 2,796 sq ft
Entirely let to EI Group Ltd with Stonegate Pub Company Ltd appointed as guara
25 yr lease(no breaks) from 16th January 2026 with 5 yearly cpi rent reviews
Current rental income of £35,000 p.a
Caterham lies close to the A22 and south of Croydon
In close proximity to Caterham Overground station
- Freehold pub investment in Caterham, South London
- Total accommodation of approximately 2,796 sq ft (floor plan upon request)
- Comprising of a ground floor, first & second floor
- The first & second floor contains a 5-bedroom flat and ancillary rooms
- Total site area of 0.09 acres
Tenancy
- Entirely let to EI Group Ltd with Stonegate Pub Company Ltd appointed as guarantor
- The guarantor will remain on the lease by way of an Authorised Guarantee Agreement
- 25 yr lease(no breaks) from 16th January 2026 with 5 yearly cpi rent reviews, subject to an annual collar and cap of 1% & 4% respectively
- Current rental income of £35,000 p.a
- EI Group Ltd published net assets of £913m and a total comprehensive profit of £84m in year ending Sept 2023
- Stonegate Pub Company Ltd totalled net assets £601m and a total comprehensive profit of £491m in year ending Sept 2023
- Stonegate Pub Company Ltd recently re-financed their debt in July 2024, extending their debt terms to 2029
Location
- Caterham lies close to the A22 and south of Croydon
- In close proximity to Caterham Overground station
- Nearby retailers/attractions include Waitrose, Aldi and Kenley Airfield
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