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42 Cheap Street, Newbury, Berkshire, RG14

££1,400,000

Pub For Sale

Opportunity to purchase a commercial investment property used as a pub in the town centre of Newbury.

The property consists of 9000 sqft of commercial space set on the first two floors with staff rooms on the second floor.

The property is leased to Stonegate Limited, the largest pub operator in the United Kingdom. The property is leased until 2040 with a tenant break clause in 2025. The current income from the lease is £104,000 per annum with a set increase of 7.5% every 5 years.

We believe the tenants favour continuing the lease until the end of the term.

VAT is applicable on the property.

Offers are invited in the region of £1,400,000.

For more information, contact Nathan at nathan@cityandcounties.com or Bogdan at bogdan@cityandcounties.com.

Tenure: Freehold

No floorplans available for this property

No EPC available for this property

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Office Details

London
Unit 2
2 Delacourt Road
London
SE3 8XA

020 8106 8666
info@cityandcounties.com

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