Description
The two storey detached building is arranged over ground, basement and first floor with exposed brick elevations beneath a multi-pitched roof.
Location
Located in the suburb of Porthill, 2.1 miles north of Newcastle-under-Lyme town centre, at the intersection between Bradwell Lane and Longshaw Avenue.
The Britannia is situated in a mixed residential and commercial area with Bradwell Park, St Barnabas Church and Sun Academy Bradwell School a short distance to the south. Nearby occupiers include Mitchells & Butlers, Heron Foods and the Coop.
Accomodation
Ground Floor
The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and bench seating for 84 customers.
Ancillary areas include a trade kitchen and customer WC's.
Basement
The basement comprises 2 separate cellars, bottle store and a manager's office.
First Floor
The first floor comprises the managers accommodation which provides 3 bedrooms, 2 living rooms, kitchen and bathroom.
Externally
Beer garden to the front and rear elevations with seating for approximately 104 customers. To the side elevations is parking for 35 vehicles.
Tenure
The property is held freehold (Title Number SF169340).
Planning
The property is not listed nor is it situated within a conservation area.
EPC
C - 60
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 £152,154 per annum which is subject to annual fixed rental increases of 2.5% with the next increase in December 2027.
Please note the passing rent is £148,443 per annum however, this will be topped up to £152,154 per annum between the date of completion and 25 December 2026 when the fixed 2.5% rental increase is due.
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.
VAT
We are instructed to invite offers in excess of £1,510,000 (9.5% NIY) assuming the usual purchasers costs.
The 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 2,520 pubs, restaurants and hotels with revenue of £2,539m in the 53 weeks to 4 January 2026.
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.
