Teddington Hands Inn | Evesham Rd
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Teddington Hands Inn Evesham Rd
6,854 SF Retail Building Tewkesbury GL20 8NE £840,000 (£123/SF) 10.17% Net Initial Yield
Investment Highlights
- Freehold public house investment
- Business unaffected by sale
- Current rent of £65,400 per annum
Executive Summary
The property comprises the ground, basement and first floor of a two storey detached building with painted brick elevations beneath a pitched roof.
Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and bench seating for 89 customers. Ancillary areas include a trade kitchen, customer WC's and cellar.
First Floor: The first floor has separate access from the car park and comprises a kitchen, bathroom, living room and three double bedrooms.
Externally: There is an enclosed customer area to the front and rear with seating on loose tables and chairs for 115 customers. There is parking for 27 vehicles.
Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and bench seating for 89 customers. Ancillary areas include a trade kitchen, customer WC's and cellar.
First Floor: The first floor has separate access from the car park and comprises a kitchen, bathroom, living room and three double bedrooms.
Externally: There is an enclosed customer area to the front and rear with seating on loose tables and chairs for 115 customers. There is parking for 27 vehicles.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
6,854 SF
Building Class
B
Year Built
1960
Price
£840,000
Price Per SF
£123
Net Initial Yield
10.17%
NOI
£85,400
Tenancy
Single
Number of Floors
2
Building FAR
0.16
Lot Size
0.96 AC
Parking
27 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
60 ft on Evesham Road
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Teddington Hands Inn | Evesham Rd
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