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The Wheatsheaf Chapel St 9,701 SF 100% Leased Retail Building Thornbury BS35 2BJ $253,154 ($26.10/SF)
INVESTMENT HIGHLIGHTS
- Prominent building
- Large beer garden
- Parking at front
EXECUTIVE SUMMARY
Sale of the leasehold of The Wheatsheaf, Chapel St, at a guide price of £190,000.
2 trading areas at front, pool room and skittle alley at rear. Spacious 3 bed owner's accommodation at first floor.
The property is held by way of a 20 year free-of-tie lease from October 2012, expiring in October 2032. The rent passing is £41,840 per annum and is subject to annual RPI linked increases, with cap and collar, with no further rent reviews until the end of the lease term.
2 trading areas at front, pool room and skittle alley at rear. Spacious 3 bed owner's accommodation at first floor.
The property is held by way of a 20 year free-of-tie lease from October 2012, expiring in October 2032. The rent passing is £41,840 per annum and is subject to annual RPI linked increases, with cap and collar, with no further rent reviews until the end of the lease term.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Restaurant
Building Size
9,701 SF
Building Class
B
Year Built
1898
Price
$253,154
Price Per SF
$26.10
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Parking
8 Spaces (0.82 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Energy Performance Rating - D
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NEARBY MAJOR RETAILERS
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The Wheatsheaf | Chapel St
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