Log In/Sign Up
Your email has been sent.
The George Inn 660 Loddon Bridge Rd 5,950 SF Retail Building Reading RG6 7EN $4,376,061 CAD ($735.47 CAD/SF) 7.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Freehold public house investment.
- Property arranged over two levels with 4 bedroom manager’s accommodation extending in total to approximately 5,950 Sq Ft (553 Sq M).
- The next upwards only rent review due in June 2028.
- Character Grade II listed building on a substantial site of approximately 3,626 sq m (0.9 acres).
- Business unaffected by sale.
- Entire property let to Spirit Pub Company (Managed) Limited which forms part of Greene King one the UK’s leading hospitality groups with more than 2,600 outlets.
- Current rent of £195,000 per annum.
- Lease expiring 23rd June 2043.
- Offers in excess of £2,350,000 (7.80% NIY).
EXECUTIVE SUMMARY
Offers in excess of £2,350,000 (7.80% NIY)
Entire property let to Spirit Pub Company (Managed) Limited which is wholly owned by Greene King, Current rent of £195,000 per annum, 5 yearly open market reviews, Lease expiring 23 June 2043.
Entire property let to Spirit Pub Company (Managed) Limited which is wholly owned by Greene King, Current rent of £195,000 per annum, 5 yearly open market reviews, Lease expiring 23 June 2043.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
5,950 SF
Building Class
B
Year Built
1890
Price
$4,376,061 CAD
Price Per SF
$735.47 CAD
Cap Rate
7.80%
NOI
$341,333 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.15
Lot Size
0.90 AC
Parking
39 Spaces (7.65 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Wheelchair Accessible
1 1
NEARBY MAJOR RETAILERS
1 of 13
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
The George Inn | 660 Loddon Bridge Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.