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The George & Dragon 29 High St

4,946 SF Retail Building Headcorn TN27 9NL £600,000 (£121/SF) 7.10% Net Initial Yield

Shops & Retail Properties Kent Headcorn 29 High St, Headcorn, KEN TN27 9NL

Investment Highlights

  • Freehold public house investment.
  • We are instructed to invite offers in excess of £600,000 (7.1% NIY).
  • Entire property let to PBD Group Limited.

Executive Summary

Ground Floor: The ground floor provides a front and rear trading area with a central bar servery and seating for 62 customers. Ancillary areas include a trade kitchen, beer cellar and customer WCs to the side and rear. There is a function room in detached barn to rear.
First Floor: The first floor provides an office and three self-contained en-suite apartments each containing a bedroom, bathroom and living room/kitchen.
Externally: Customer patio to the rear with seating for 60 customers.

Attachments

0e9921b7b35b91c4c44dcec9c70f6518-george-dragon-headcorn

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,946 SF
Building Class
B
Year Built
1900
Price
£600,000
Price Per SF
£121
Net Initial Yield
7.10%
NOI
£42,600
Tenancy
Single
Number of Floors
3
Building FAR
0.58
Lot Size
0.19 AC
Parking
2 Spaces (0.4 Spaces per 1,000 SF Leased)
Frontage
54 ft on High St

Amenities

  • 24 Hour Access
  • Bus Route
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
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Nearby Major Retailers

Sainsbury's
Costcutter
+44 20 7299 3088

Contact

  • Listing ID: 31531544

  • Date on Market: 17/04/2024

  • Last Updated:

  • Address: 29 High St, Headcorn TN27 9NL

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© 2024 CoStar Group

The George & Dragon | 29 High St
+44 20 7299 3088 x

The George & Dragon | 29 High St

Stuart Stares

+44 20 7299 3088

+44 20 7299 3088

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