Freehold Investment - The Legion 9 Market Street, Atherstone, CV9 1ET

Previously the Royal British Legion, the three-storey, Grade II Listed mid-terraced property, is believed to date back to c.1830. Now trading simply as 'The Legion', the trading areas are split into two distinct areas. Since taking occupation the tenant has completely refurbished the trading areas which briefly comprise, a front bar, with bar servery and a larger bar area to the rear, now utilised as a 'pool hall' area and stage with three darts throws. The ancillary areas include the refitted Ladies, Gents and disabled W.C.s. a basement beer cellar and store room.

The domestic accommodation is located over the first and second floors and briefly comprises a spacious lounge, domestic kitchen, dining room/third bedroom, bathroom and store room over the first floor. The second floor, which can be accessed via two separate staircases lead to a further two double bedrooms.

The Property has been occupied by the current tenant on a 10 year lease commencing September 2024.  The asking price reflects a net initial yield of 5.91% assuming purchaser’s costs of 3.6%.