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The Wheatsheaf Chapel St 9,701 sq ft 100% Let Retail Property Thornbury BS35 2BJ £190,000 (£19.59/sq ft)
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
Property Size
9,701 sq ft
Costar Property Class
B
Year Built
1898
Price
£190,000
Price per sq ft
£19.59
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Parking
8 Spaces (0.82 Spaces per 1,000 sq ft Leased)
AMENITIES
- 24 Hour Access
- EPC - D
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NEARBY MAJOR RETAILERS
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VIDEOS
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The Wheatsheaf | Chapel St
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