Unicorn, Adlington Road, Wilmslow, Greater Manchester, SK9 2LN

Description
The two storey detached building is arranged over ground, basement and first floor with exposed brick elevations beneath a pitched roof. There are two ground floor extension either side of the building.

Location
Located just outside of Wilmslow, 1.9 miles east of the town centre and 13.0 miles south of Manchester, fronting Adlington Road (A5102).

The Unicorn is located within a predominantly rural area with Shell petrol station adjacent and Oak Nurseries Garden Centre a short distance to the east. Manchester Airport is 5.0 miles to the west.

Accommodation
Ground Floor - The ground floor provides a central bar servery with a number of interconnecting rooms and seating on loose tables, chairs and benches for 106 customers. Ancillary areas include a trade kitchen and customer WC's.

First Floor - The first floor comprises the managers accommodation which provides 2 double bedrooms, 2 inter-connected living rooms, kitchen, managers office and utility room.

Basement - The basement comprises cellar and stores.

Externally - Beer garden to the rear elevation with seating for 116 customers alongside parking for 119 vehicles.

Tenure
The property is held freehold (Title Numbers CH219361 & CH458706).

Planning
The property is not listed nor is it situated within a conservation area.

EPC
C - 65

Tenancy
The entire property is let to Greene King Brewing and Retailing Limited with Greene King Limited as guarantor on a lease expiring 23 June 2034 at a current rent of £227,041 per annum from December 2025 which is subject to annual fixed rental increases of 2.5%. The next annual increase is due December 2026.

VAT
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.

Terms
We are instructed to invite offers in excess of £2,250,000 (9.5% NIY) assuming the usual purchasers costs.

Covenant
The property is let to Greene King Brewing and Retailing Limited which forms part of the wider Greene King Limited company. The group is one of the leading pub retailers and brewers in the UK, currently owning and operating approximately 2,572 pubs, restaurants and hotels with revenue of £2,450m in the 52 weeks to 29 December 2024.

Greene King was founded in 1799 with the pub company’s headquarters in Bury St Edmunds, Suffolk and in 2019, CK Asset Holdings completed the acquisition of the company for £2.7bn making this one of the largest portfolio acquisitions in the pub sector.

The company is renowned for its Chef & Brewer and Hungry Horse brands, however they operate a number of formats including Farmhouse Inns, Belhaven, Wacky Warehouse, Hightales, Flaming Grill, Hickory’s, and Greene King Inns.

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

Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.

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