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Gate Inn 299 Delamere St

5,633 SF Retail Building Winsford CW7 2NB £325,000 (£58/SF) 9.12% Net Initial Yield

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Investment Highlights

Freehold public house
Outside area

Great location

Executive Summary

The entire property is let to Cornerstone Inns Limited on a 10 year lease from 23 January 2020 at a current rent of £30,685 per annum which is subject to five yearly open market reviews and annual uncapped RPI increases (which do not apply in the open market review year).

Brochure

Property Facts

Sale Type

Investment

Property Type

Retail

Tenure

Freehold

Building Size

5,633 SF

Year Built

1900

Price

£325,000

Price Per SF

£58

Net Initial Yield

9.12%

NOI

£29,640

Tenancy

Single

Number of Floors

Building FAR

0.36

Land Acres

0.36 AC

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