Leisure property specialist Fleurets has been instructed by real estate investment firm Aprirose to market 9 pub freehold investments, currently let to Revolution Bar Ltd.
Ed Sandall from Fleurets is leading the marketing and commented: “Each of the 9 properties marketed have identical FRI leases, with 14 years unexpired. Marketed off a total guide price of £20,200,000, the portfolio’s total rental income amounts to £1,461,430 p.a., reflecting a 6.78% net initial yield.”
Located across the north of England and the Midlands, the investment opportunities are all located in prime leisure pitches, and available as a package or individually.
- Time to ‘Brexit-proof’ your business
- UKHospitality welcomes Chancellor’s business support
- The positive budget should be followed by continued support for hospitality
The investments are:
28 Cross Church Street, Huddersfield
Penny Street, Lancaster
6b New Walk, Leicester
10 Park Street, Lincoln
18-22 Wood Street, Liverpool
90-94 Oxford Road, Manchester
Wilmslow Road, Fallowfield, Manchester
7 Hassell Street, Newcastle-under-Lyme
10-12 Princess Street, Wolverhampton.