Leisure/hospitality for sale

Ye Olde Rose & Crown, 53 Hoe Street, Walthamstow, London E17

Freehold pub investment in Walthamstow, East London, providing approximately 10,014 square feet (930.4 square metres), spread over three floors and basement. Currently producing £96,000 per annum from tenant EI Group Ltd, with Stonegate Pub Company Ltd appointed as guarantor. Offers are invited in region of £1,500,000, which represents a gross yield of 6.4% and a very low capital value of approximately £150 psf and an attractive opportunity to acquire property in a highly sought-after London investment location.

Location

The property is located on Hoe Street in Walthamstow, an affluent town bordering Chingford to the north, Snaresbrook and South Woodford to the east.

Hoe Street is a well-established commercial location with a diverse mix of occupiers and serves as a destination for retail, leisure, and employment. The nearby High Street is home to one of the country’s longest street markets, attracting further visitors to the area. The location is also benefiting from significant ongoing investment and regeneration.

The property is located near Walthamstow Central Station (0.4 miles), which provides regular service into central London via the London Underground (Victoria Line) and London Overground. The A406 (North Circular) and M11 are both within close distance and the area is well served by buses.

Tenancy

The property is entirely let by way of a new 25-year lease from January 2026 to EI Group Ltd with Stonegate Pub Company Ltd appointed as guarantor, producing an income of £96,000 per annum. The tenant provides an excellent covenant.

There are 5-yearly cpi linked rent reviews, subject to an annual collar and cap of 1% and 4% respectively.

Description

The 0.13 acre site provides approximately 10,014 square feet (930.4 square metres) total accommodation, arranged as follows:

Basement: 2,153 square feet (200 square metres) - storage space and boiler room

Ground floor: 4,143 square feet (384.9 square metres) - open-plan bar and service area, function room, kitchen, WC's, and office

First floor: 2,413 square feet (224.2 square metres) - theatre, bar, changing rooms, WC's, and shower room

Second floor: 1,306 square feet (121.3 square metres) - three-bedroom flat

Vat

The property is elected for VAT.

Terms

Offers are invited in region of £1,500,000, which represents a gross yield of 6.4% and a very low capital value of approximately £150 per square foot.

Viewings

Please contact Harston+Co to arrange a viewing.