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Davis Coffer Lyons
31 July 2017

‘King of Clubs’ Nick House Takes on New Notting Hill Venture

The Portobello Gold - a popular pub on Portobello Road frequented by Ed Sheeran – has been let to a consortium led by serial entrepreneur and late-night bar operator Nick House.

The leasehold pub in Notting Hill was sold through licensed property specialists Davis Coffer Lyons for £650,000 and is tied to EI Group at a passing rent of £125,000 per annum. It also has nine letting rooms on the upper floors.

Nick House - co-founder of several high profile entertainment such as Mahiki, Whisky Mist, The Punch Bowl, The Brompton Club, The Markham Inn, Bodo Schloss, Steam & Rye and Bonbonniere – plans to carry out significant works to the property and opening a new concept in 2018.

Paul Tallentyre, Executive Director at Davis Coffer Lyons, said: “We received numerous bids for the property due to its ideal location on Portobello Road and opportunity to develop the trade. It has a strong reputation amongst the local community and I’m sure the former landlord Mike Bell will be much missed as he starts a new venture in Wales. However, Nick House is famous for creating some of London’s hippest venues and I’m sure he won’t fail to recreate another fantastic success here.” 

‘King of Clubs’ Nick House Takes on New Notting Hill Venture

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Further Details
Paul Tallentyre

Davis Coffer Lyons
020 7299 0740
ptallentyre@dcl.co.uk

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