Cricketers, E5
07 October 2010

Bowled over by Cricketers

Sometimes you just see a pub and decide you just have to have it. That’s what happened to the Cricketers in Hackney, London, where a local investor submitted an offer of over £400,000 after a single viewing and exchanged contracts six working days thereafter!

Panayiotis Themistocli of licensed leisure specialists AG&G, who handled the sale, says, “The buyer immediately saw the potential of the building, which is of traditional mid-Victorian style.  It would make an excellent retail or licensed retail unit at ground floor with a number of flats to the upper parts (subject to the necessary consents being ascertained).

The Cricketers lies within the Clapton Pond Conservation Area and was built in 1872. The local conservation officer regards it as “the most significant of buildings on Lower Clapton Road”, where it shares a corner with Clarence Road.

The building has a footprint of approximately 150 square metres with a triangular bar area decorated in a traditional style at ground floor level.  The basement contains not only stores but also a trade kitchen.  The first floor provides a kitchen, bathroom, store room and three other rooms, while the second floor comprises a further five rooms, a kitchen and a bathroom.

For more information, contact Panayiotis Themistocli on 020 7836 7826, e-mail pthemistocli@agg.uk.com or media@agg.uk.com.

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

AG&G
8 Exchange Court,
London, WC2R 0JH