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The Royal Oak High St 3,767 sq ft Retail Property Porlock TA24 8PS £350,000 (£92.91/sq ft) 5.95% Net Initial Yield
Investment Highlights
- Open Plan bar and restaurant
- Occupiers nearby include number of local traders such as pharmacy, butcher, café and restaurant
- Courtyard
Executive Summary
Comprises a ground floor public house with 4-bed owner`s accommodation above. The pub benefits from commercial kitchen, bar area with 30 seats, dining area with 16 seats, pool room and a skittle alley, providing the following accommodation and dimensions:
Ground Floor: Open plan bar & restaurant, commercial kitchen, wc`s
First Floor: 4 bedrooms, residential kitchen, bathroom and separate wc
Ground Floor: Open plan bar & restaurant, commercial kitchen, wc`s
First Floor: 4 bedrooms, residential kitchen, bathroom and separate wc
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
3,767 sq ft
Costar Property Class
B
Year Built
1883
Price
£350,000
Price per sq ft
£92.91
Yield
5.95%
NOI
£20,825
Tenancy
Single
Number of Floors
2
Plot ratio
0.86
Total Plot Size
0.10 ac
Amenities
- Restaurant
- Signage
- Smoke Detector
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The Royal Oak | High St
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