
Pheasant Bar & Grill | 59 Station Ln
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Pheasant Bar & Grill 59 Station Ln
3,770 SF Retail Building Oughtibridge S35 0HS $719,098 ($190.74/SF) 7.91% Cap Rate


INVESTMENT HIGHLIGHTS
- Freehold public house investment
- Current rent of £43,890 per annum
- Entire property let to a private individual
- Property arranged over three levels extending to 3,770 Sq Ft (350 Sq M)
- The rent is subject to five yearly open market reviews and annual uncapped RPI increases (except in the open market review year)
- Lease expires April 2042
EXECUTIVE SUMMARY
Freehold public house investment available for sale.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Building Size
3,770 SF
Building Class
C
Year Built
1910
Price
$719,098
Price Per SF
$190.74
Cap Rate
7.91%
NOI
$56,867
Tenancy
Single
Building Height
3 Stories
Building FAR
0.52
Lot Size
0.17 AC
Parking
10 Spaces (2.65 Spaces per 1,000 SF Leased)
Frontage
69’ on Station Lane
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Pheasant Bar & Grill | 59 Station Ln
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