Basic Facts
Property ID:
4951
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Post Updated:
2019-06-24 10:41:22
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Status:
Acquired
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Type:
Pub
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Tenure:
Freehold
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Gross Rent:
£ 182,500
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Lease Term:
35 years from Nov '00
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Property Description
- Freehold Blue-Chip Public House Investment
- 27,964 sq ft arranged over Ground, Basement, First, Second and Third floors
Location Description
- Bristol is the UK’s 8th most populous city with a population of ca. 450,000 and the largest in Southern England after London.
- The property is situated in the town centre, adjacent to Caffe Nero, Natwest Bank and a number of other leisure operators.
- Bristol Temple Meads train station is 1 mile to the south east of the property
Additional Notes
- The entire property is let to Stonegate Pub Co for £182,500 pa from 21st November 2000 on a 35 year lease
- The 2015 review remains outstanding
- Stonegate Pub Co reported sales of £642.6m and operating profits of £46.4m in the year to 25/09/2016
- Stonegate are due to refurbish the first floor into a high-end pool venue.
Features
£1m - £5m
Attractive property
Blue-chip tenant
Finance available
Freehold
Lease term > 15 years
No Break clauses
Prime location
Suitable for a SIPP
Upwards Only Rent Reviews