£585,000
Pub/bar for sale
Property photos
Guide price
£585,000
(£209.23/sq. ft)
Pub/bar for sale
High St, Caterham CR32,796 sq. ft
Local area information
Property location
Nearby amenities
- Essendene Lodge School 0.2 miles
- Hillcroft Primary School 0.2 miles
- Caterham 0.5 miles
- Whyteleafe South 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Caterham to find out more about the local area.
Features and description
- 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
Description
- 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
- 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
More information
Listed by
Prideview Group
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