Summary - 7, PIERSHILL PLACE EH8 7EH
1 bed 1 bath Pub
Ready-made licensed business with steady barrelage and reversionary potential.
Freehold licensed wet-led public house with tied tenancy
Annual barrelage approximately 106 — established trading level
Lease expires June 2027 — reversionary interest on expiry
Annual rent £24,497 — known ongoing outgoings
EPC rating D — potential energy efficiency improvements required
Inner-city cosmopolitan location but area classified as very deprived
Excellent mobile signal and fast broadband connectivity on-site
No internal/external photos or floorplans provided — inspection needed
A rare freehold investment in Porters Bar, offered with a tied wet-led trading profile and annual barrelage around 106. The business currently pays an annual rent of £24,497 and the lease runs to June 2027, giving potential for renegotiation or re-letting on expiry.
The building is a Victorian-era public house with a narrow frontage and potentially spacious interior, presenting a clear refurbishment or rebranding opportunity. It has an EPC rating of D, excellent mobile signal and fast broadband — useful for modern point-of-sale systems and digital marketing. The surrounding neighbourhood is inner-city cosmopolitan but flagged as very deprived, which affects local spending power and could influence operating strategy.
Key negatives are the limited proprietary information supplied: no internal/external photographs, floorplans or measured area were provided, so prospective buyers should commission an inspection and obtain full trading figures and licensing details. The tied model and lease expiry are material considerations for occupational control and future income. Buyers should also allow budget for refurbishment and compliance works where needed.
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