Swan, 4 Lower Bar, Newport, TF10 7BQ
Size
5,210
Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
- Other use(s)
- Pub, Pub
Key features
- Freehold public house investment.
- The entire property is let to Marston’s PLC Limited, which owns and operates 1,328 pubs.
- Property arranged over two levels extending to 5,210 Sq Ft (484 Sq M).
- Topped-up rent of £50,385 p.a.
- The lease expires in Nov-2031.
- A rare opportunity to acquire a freehold pub investment in Newport, Shropshire
- We are seeking offers in excess of £685,000 (£131/SQ FT) reflecting a NIY of 6.99%
- Business unaffected by sale
Description
The property comprises the ground and first floor of a two storey endterrace building with part painted and exposed front and side elevations beneath a multi-pitched tile roof. There is a single storey extension to the rear to provide guest accommodation and an outbuilding containing the
beer cellar. The property has an approximate site area of 0.56 of an acre.
Location
Newport is located within the Borough of Telford and Wrekin in Shropshire approximately 9 miles north east of Telford and 32 miles north west of
Birmingham. The Swan is located approximately 0.5 miles outside Newport town centre and is situated fronting the Shropshire Union Canal.
- Service charge
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- Business rates
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- Use class
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- Listed building
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- Business for sale
- No
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Brochure
About Savills National , Margaret Street - Licensed Leisure
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Disclaimer - Property reference 362311-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 National , 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.