The Sir Norman Wisdom Public House (JD Wetherspoon), Deal, Kent

 

16-18 Queen Street, Deal, Kent, CT14 6ET

Offers in excess of
£1,100,000
Available
Type - Commercial
Tenant type - Pub
  • Tenure: Freehold
  • Gross Rent: £63,425
  • Gross Yield: 5.8%
  • Lease Term: 30 years from Sept 2011
  • VAT applicable?: Y
  • Fixed rental uplift of 7.5% every 5 years

Property Description

  • The property is an attractive end of terrace building of traditional brick construction under a pitched tiled roof arranged on ground and first floor.
  • It also benefits from a rear and side patio garden
  • JD Wetherspoons spent £1.2m refurbishing the property from mid-2012 to Spring 2013. It opened for business in March 2013 and is one of the most trendy pubs in their vast portfolio.

Location Description

  • Deal is located in Kent on the English Channel, some 9 miles north-east of Dover and 8 miles south east of Ramsgate.
  • It is easily accessible from London via M2/A2 or the M20.
  • It is a market town with the farmers market held every Wednesday and the traditional market every Saturday. There is a resident population of approximately 30,000.
  • During the Victorian era Deal emerged as a popular tourist location and during the last few years the town has seen a revival and has become an increasingly popular destination.
  • The property is located on Queen Street in the centre of Deal, linking to the High Street where multiple retailers including Marks and Spencer, Boots, New Look, WH Smith, Holland & Barrett,Costa Coffee and Superdrug all trade.
 

Additional Notes

  • The rent has now increased to £63,425 p.a. and not as stated in the Tenancy Schedule

Tenancy & Accommodation Schedule

Tenancy & Accommodation Schedule

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