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Red House, 1 Wolverton Road, Newport Pagnell, MK16 8BG

Offers in Excess of

£29.17 per sq ft

Business rates & charges may apply

Savills, Margaret Street - Licensed Leisure

31,363 sq ft

2,914 sq m


Pub for sale

Key features

  • Freehold public house investment
  • Entire property let to Home of the Roast Limited
  • The property is arranged over ground and first floors and is situated on a large 0.7 acres site
  • We are instructed to invite offers in excess of £915,000 (7.9% NIY)
  • Current rent of £75,937 per annum
  • Lease expires October 2045
  • The rent is subject to five yearly open market rent reviews and annual RPI increases subject to a collar of 2% and cap of 4%
  • Business unaffected by sale


The property comprises the ground and first floor of a two storey detached building with rendered and painted brick elevations beneath a multi pitched tile roof.

Located in the town of Newport Pagnell in Buckinghamshire, 12.5 miles (20.1 kilometres) south of Northampton and 12.3 miles (19.8 kilometres) west of Bedford.

The Red House is situated fronting Wolverhampton Road in a predominantly residential area which is a short distance west of the centre of Newport Pagnell.

Ground Floor: The ground floor provides four main trading areas with bar servery to the front and seating on loose tables, chairs and bench seating for 121 customers. Ancillary areas include a trade kitchen and stores to the rear and customer WC’s to the front.

First Floor: The first floor provides managers accommodation comprising four bedrooms, kitchen and bathroom.

Externally: There is a lawned area and separate enclosed customer patio to the rear with seating on loose tables and chairs for 200 customers. Additional seating is provided to the front elevation for a further 24 customers. Parking to the side for 19 vehicles.

The property is held freehold (Title Number BM194376).

The entire property is let to Home of the Roast Limited on a 25 year lease from 21 October 2020 at a current rent of £75,931 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 4%. A rent deposit of £17,976 is held by the landlord.

The property is not listed or situated within a conservation area.

It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.


We are instructed to invite offers in excess of £915,000 (7.9% NIY) assuming the usual purchasers costs.

Fixtures and Fittings
The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.


Red House, 1 Wolverton Road, Newport Pagnell, MK16 8BG


Distances are straight line measurements from the centre of the postcode
  • Wolverton Station2.9 miles
  • Milton Keynes Central Station3.6 miles
  • Woburn Sands Station5.8 miles


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Disclaimer - Property reference 200060-1. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Margaret Street - Licensed Leisure. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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