Walkabout (Stonegate Pubs), Bristol

 

Walkabout, 40 Corn Street, Avon, Bristol BS1 1HQ

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Pub
  • Tenure: Freehold
  • Gross Rent: £182,500
  • Lease Term: 35 years from Nov '00
  • City Centre Location

Property Description

  • Freehold Blue-Chip Public House Investment
  • 27,964 sq ft arranged over Ground, Basement, First, Second and Third floors

Location Description

  • Bristol is the UK's 8th most populous city with a population of ca. 450,000 and the largest in Southern England after London.
  • The property is situated in the town centre, adjacent to Caffe Nero, Natwest Bank and a number of other leisure operators.
  • Bristol Temple Meads train station is 1 mile to the south east of the property

Additional Notes

  • The entire property is let to Stonegate Pub Co for £182,500 pa from 21st November 2000 on a 35 year lease
  • The 2015 review remains outstanding
  • Stonegate Pub Co reported sales of £642.6m and operating profits of £46.4m in the year to 25/09/2016
  • Stonegate are due to refurbish the first floor into a high-end pool venue.

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