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The Golden Pheasant Gosport Rd

2,960 SF Retail Building Alton GU34 3DJ $683,383 ($231/SF) 6.93% Cap Rate

Investment Highlights

  • Freehold public house investment.
  • Lease expires 26th February 2044.
  • We are instructed to invite offers in the order of £550,000 (6.93% NIY).
  • Property arranged over ground and first floors extending to approximately 2,960 sq ft (275 sq m).
  • Business unaffected by sale.

Executive Summary

The property comprises a detached two storey public house with rendered, painted elevations under a pitched slate tiled roof. There is a large single storey element which extends from the northern elevation and is again rendered but with a pitched clay tiled roof.
The property has a Gross Internal Area of approximately 2,960 sq ft (275 sq m).

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
2,960 SF
Building Class
B
Year Built
1900
Price
$683,383
Price Per SF
$231
Cap Rate
6.93%
NOI
$47,358
Tenancy
Single
Building Height
2 Stories
Building FAR
0.11
Lot Size
0.62 AC
Frontage
79 FT on Gosport Road

Amenities

  • Fireplace
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector
  • Listing ID: 33230303

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: Gosport Rd, Alton GU34 3DJ

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