Disposal of The Three Kings, Clerkenwell
October 5, 2022
Coffer Corporate Leisure has advised a private client on the sale of 7 Clerkenwell Close – a freehold pub investment trading as The Three Kings.
The property comprises a 2,800 sq ft public house let to Ei Group, part of Stonegate Pub Company, on a long index-linked lease.
The price of £2,600,000 reflected a Net Initial Yield of c.4%.
Coffer Corporate Leisure advised the vendor. The purchaser, a private consortium, was unrepresented.
For further information contact Jack Silvani.