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COMMERCIAL

Wellington Tavern, 33 Westgate, Dewsbury, WF13 1JQ

£250,000
Pantera Property, Harrogate
PROPERTY TYPE

Leisure Facility

BEDROOMS

8

BATHROOMS

8

SIZE

4,931 sq ft

458 sq m

Description

Price - £250,000 subject to contract
Size - 4,931 sq ft
Highly reversionary public house investment opportunity centrally located

Investment Considerations - Centrally located public house investment opportunity in Dewsbury presenting a highly reversionary opportunity

Extending to 4,931 sq ft over ground floor, first floor and second floor with cellar

Comprises public area for patrons with kitchen and bar at ground floor, with 8 bedrooms with en suites arranged over first and second floor understood to be operated as a bed &
breakfast guest house.

The property is let on a 10 year Lease from 1 January 2026 on Full Repairing and Insuring terms.

Passing rent of £12,000 per annum exclusive

The property is under rented. The next rent review is due 1 December 2026 to Open Market Value.

This potential reversionary ERV is £40,000 per annum

Guide price of £250,000 subject to contract

Permitted use is A4 under the 1987 Use Classes Order

Presents an attractive reversionary Net Initial Yield of 15.60% at this purchase price assuming purchasers’ costs of 2.60%

There is potential to achieve the reversionary rental income before 2027 subject to agreeing the new rent at the review date.

Location - The property is prominently situated on Westgate in the heart of Dewsbury town centre, within a short walk of the principal retail and commercial areas.

The surrounding area comprises a mix of retail premises, public houses, restaurants, offices, civic buildings and residential accommodation, providing an established mixed-use town-centre environment.

Dewsbury railway station is approximately four minutes’ walk from the property and offers direct services to Leeds, Huddersfield, Manchester and York.

The property also benefits from good road access via the A638 and A644, which provide connections to Wakefield, Huddersfield and the wider West Yorkshire road network, together with onward access to the M1 and M62 motorways.

Description - The Wellington Tavern comprises a traditional three-storey terraced public house of rendered elevations beneath a tiled roof, with timber-framed windows. The property has a
distinctive town-centre appearance and retains the character of an established public house and inn.

The ground floor is arranged as the principal trading area, incorporating a main bar, raised seating areas, front and rear entrances, a commercial kitchen with stainless-steel fittings, and male and female WCs. A substantial cellar provides an office, storage accommodation and the main beer cellar with associated pumps.

The upper floors provide eight en-suite letting bedrooms, comprising four rooms on each of the first and second floors. Each bedroom includes a shower, WC and wash-hand basin.
The first floor also provides a fitted kitchen, while the second floor includes additional manager’s bedsit accommodation.

The property extends to approximately 458.1 sq m (4,931 sq ft) on a net internal area basis. At the date of the valuation inspection, it was reported to be in average condition throughout, with no material defects noted.

The property is owned on a Freehold basis,
Land Registry Title (WYK571325).

Brochures

Wellington Tavern, 33 Westgate, Dewsbury, WF13 1JQ

Wellington Tavern, 33 Westgate, Dewsbury, WF13 1JQ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dewsbury Station0.2 miles
  • Batley Station1.3 miles
  • Ravensthorpe Station1.5 miles

About Pantera Property, Harrogate

Harrogate

Pantera Property are chartered surveyors specialising in property asset valuations, surveyors and estate agency sales. As a niche practice Pantera Property has a committed team that are knowledgeable in satisfying the requirements and demands of clients' nationwide property assets. Pantera Property is regulated by the Royal Institution of Chartered Surveyors and report advice in a recognised and respected format which is compliant with International Valuation Standards. Pantera Property offer an estate agency service around the Harrogate and Leeds area. Our experienced team will work hard on your behalf to achieve the best possible price for your property within a realistic time frame. Our services include:

Market appraisal and recommendation

Professional photos and floorplan

Accompanied viewings

Dedicated sales progression team

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34890612. 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 Pantera Property, Harrogate. 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.