Located at the heart of Clerkenwell in the North London Borough of Islington, the Old Ivy House is traditional style pub from the outside with a modern and contemporary twist on the inside!
Located at the heart of Clerkenwell in the North London Borough of Islington, the Old Ivy House is traditional style pub from the outside with a modern and contemporary twist on the inside!
Boasting a prominent corner plot on Goswell Road, the pub sits within a residential area is just a short walk from the Barbican Arts Centre, Smithfield Market, Sadler's Wells Theatre and the City University of London, so it plays host to a very diverse customer base.
Internally at the Old Ivy House you will find a u-shaped trade drinking and dining area with a feature bar servery for approx.40 covers. Although not currently utilised, there is also a full catering kitchen on the first floor with a manual dumb waiter to the ground floor.
The tenants private accommodation is of a generous size at this property and set out across two floor it houses 5 bedrooms, a lounge, kitchen, bathroom and office.
Shepherd Neame is looking for new tenants to take over the running of the Old Ivy House in July 2022. This business would ideally suit a hands on operator that can re-introduce a food offer and that will re-launch an appealing offer to the locals in the surrounding market place.
For more information or a formal viewing of this site contact the Pub Business Recruitment Manager on 01795 542132.
Central feature bar servery with U-Shape trade drinking and dining space for approx. 40 covers.
Well equipped trade kitchen on the first floor with manual dumb waiter to the first floor
Set out across two floors and includes 5 bedrooms, lounge, kitchen, bathroom and office
| Trading deposit | £5000 |
| Contract deposit refundable on day of charge | £500 |
| Repair scheme + monthly payments £50 | £1000 |
| Inventory | £18000 |
| Stock, glassware, cutlery, crockery, etc Estimated subject to independent valuation by trade broker and stock taker | £5000 |
| Working capital | £3000 |
| Training deposit £750 refundable on completion of training | £1000 |
| Total estimated ingoings | £33500 |
| Minimum capital considered Based on: Trading deposit + stock, glassware, cutlery, crockery, etc, working capital + training deposits + misc | £15500 |
| Please note: Where only minimal capital is available inventory will be rentalised. | |
| Year 1 | Year 2 | Year 3 | |
| Per anum | £45500 | £46748 | £48048 |
| Per week | £875 | £899 | £924 |
Band C
RATEABLE VALUE - £51,500
MULTIPLIER - 0.512
ESTIMATED RATES PAYABLE 2022/2023 - (From 01/04/22) £13,184
NOTE:
Year ending 30 June
| 2018 | 2019 | 2020 | 2021 | |
| All beer and cider Barrels |
301 | 178 | 62 | 104 |
| Wine Gallons |
697 | 434 | 82 | 207 |
| PPS Gallons Premium packaged spirits (eg WKD) |
16 | 4 | 12 | 15 |
| Traditional Spirits Gallons |
136 | 128 | 53 | 81 |
| Minerals Ready to drink litres |
4593 | 2702 | 915 | 1811 |
Supply of alcohol, background music and provision of late night refreshment.
Monday - Sunday - 10.00 - 01.30
Open to the public
Monday - Sunday - 10.00 - 02.00
Live music
Monday - Sunday - 10.00 - 00.00