London Brewing Company Takes on the Bull
July 20, 2011
One of North Londons oldest pub sites has been let on behalf of the owners, The Tonstate Group, by leisure agents Davis Coffer Lyons to fledgling pub operator, The London Brewing Company (LBC).
The historic Grade II listed building, formerly trading as The Bull has been let on a new 25 year lease at a passing rent of £70,000 per annum exclusive. The property is located on North Hill close to Highgate Village on a site which has been home to a public house for over 500 years.
LBC is partnered by Dan Fox, the former manager of one of Mitchells & Butlers busiest pub sites, The White Horse in Parsons Green; and Nick Campregher.
The Bull trades on ground and first floor with additional basement space comprising a total of 3,605 sq ft. LBC will carry out an extensive re-fit costing several hundred thousand pounds. The new site, which will reopen in the autumn, will be complemented by LBCs own beers which will be brewed on site.
Dan Fox comments: We are really pleased to offer a new lease of life for one of Londons oldest pubs. We believe we have a strong offer and cant wait to show the local residence of Highgate their new feel local.
Chris Bickle, Davis Coffer Lyons, adds: This opportunity attracted a vast amount of interest across various leisure sectors including from health and fitness and nurseries. However, it seems fitting that a site with over 500 years of history continues to trade as a pub at heart, with a unique brewing concept which we expect residents and visitors will really appreciate.