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Landmark Leasehold Pub For Sale Or Sub-Lease

Islington, London, UK
Asking Price:
Undisclosed Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

Exceptional opportunity to acquire the lease assignment or secure a new sub-lease on the landmark Old Dairy PH, a substantial and fully fitted free of tie pub located in the heart of Finsbury Park, North London. Occupying a highly prominent corner position at a busy five-way junction, this impressive venue combines strong local presence, excellent transport connectivity and significant operational scale, making it ideal for experienced operators, hospitality groups or investors.

Situated approximately 150 metres from Crouch Hill Overground Station and less than one kilometre from Finsbury Park Station, the pub benefits from high daily footfall from commuters, local residents and visitors. The surrounding Stroud Green and Crouch End areas are well-established and affluent North London neighbourhoods known for their independent restaurants, cafés, bars and strong residential catchment. The property’s bold historic façade and extensive frontage provide outstanding visibility within the Stroud Green Conservation Area.

Internally, the premises offer an impressive and versatile ground floor trading environment with excellent ceiling height, generous natural light and capacity for over 160 covers across four distinct trading areas. The traditional interior includes timber flooring, attractive original features and a long dog-leg shaped bar servery, creating a warm and characterful atmosphere suited to food-led, wet-led or hybrid trading concepts. A fully fitted commercial kitchen with extraction, walk-in fridge and freezer is positioned to the rear, alongside customer WCs and additional beer storage facilities.

The upper floors benefit from separate self-contained access and include two one-bedroom flats, each with lounge, kitchen and bathroom facilities, providing valuable staff or management accommodation and additional flexibility. The premises are offered fully fitted and equipped with a free of tie lease expiring in September 2032 and fixed annual rental increases of 3.5%. There is significant scope to enhance food sales, private events, entertainment programming and premium drinks offerings within this established North London location.

Enquiries are invited from operators seeking a substantial London pub opportunity with character, scale and strong trading potential.

Property Information

Property:

Leasehold

Lease Terms:

Free of tie leasehold with passing rent of £190,000 per annum. Lease expires September 2032 with fixed annual rental increases of 3.5%.

Lease Rent:
£190,000 per sq ft per annum
Living Accommodation:

Two separate self-contained one-bedroom flats located on the first and second floors, each including lounge, kitchen and bathroom facilities.

Location:

The property is situated within the London Borough of Islington, approximately 4 ¼ miles (seven kilometres) north east of Central London (Trafalgar Square) and 500 metres south east of Crouch End.

The pub lies just 150 metres southeast of Crouch Hill Overground Station (Suffragette Line) with Finsbury Park Station (National Rail, Piccadilly Line and Victoria Line) located circa 900 metres to the south east. The surrounding area is a well-established North London neighbourhood with a strong mix of independent retailers, cafés and local services, giving
the pub excellent visibility and natural footfall throughout the day.

Premises Details:

Landmark three-storey pub premises with ornate single-storey extension and attractive original features. Large open-plan trading areas across the ground floor with commercial kitchen, beer storage and customer facilities. Separate self-contained residential flats on first and second floors. Building footprint approximately 610 sq m (6,565 sq ft).

Size in square feet:
6,565 sq ft
Planning Consent:

Grade II Listed building situated within the Stroud Green Conservation Area.

Business Operation

Expansion Potential:

Opportunity to further develop food-led trade, events, live entertainment, sports viewing, private hire functions and premium beverage offerings. Potential to maximise residential accommodation and local community engagement.

Competition / Market:

Located within a vibrant North London hospitality and residential area surrounded by independent operators, cafés, restaurants and bars. Excellent visibility and consistent local footfall support strong year-round trading.

Reasons for selling:

Lease assignment or sub-lease opportunity.

Trading hours:

Premises licence permitting alcohol sales:
Sunday: 12:00pm – 10:30pm
Monday to Wednesday: 10:00am – 11:00pm
Thursday to Saturday: 10:00am – 1:00am

Other Information

Support & training:

Handover support available subject to agreement.