Well‑located branded tenant on a substantial riverside plot.
- Freehold Grade II listed pub on approximately 0.9 acre site
- Let to Spirit Pub Company (Greene King) producing £195,000 pa
- Prominent A329 roadside position, strong commuter catchment
- Large car park for c.55 vehicles and terraces for c.142 covers
- Next upwards-only rent review due June 2028
- Lease expires 23 June 2043 (c.18 years remaining)
- Listed status and medium flood risk may complicate financing
- Fixtures and fittings are owned by the tenant, not included
A rare freehold pub investment occupying a prominent roadside site in affluent Earley. The Grade II listed George extends to around 5,950 sq ft over two floors with extensive outdoor terraces, a sizeable 55-space car park and a riverside garden on a substantial 0.9-acre plot — features that support strong trading and amenity-led visitation.
The entire property is let to Spirit Pub Company (part of Greene King) on a lease expiring 23 June 2043, producing £195,000 pa. The covenant sits within one of the UK’s largest pub groups, and the next upwards-only rent review is scheduled for June 2028. Offers are sought in excess of £2,350,000 (circa 7.80% NIY).
Material considerations are clear: the lease has approximately 18 years remaining which may restrict some lenders and investor types; the building is Grade II listed, so alterations will require listed-building consent; and the site has a medium flood risk that should be checked by insurers. Fixtures and fittings are owned by the tenant and trading is unaffected by the sale.
This asset suits investors seeking a stable, branded pub covenant on a large, well-located plot with redevelopment or reconfiguration potential subject to consents. Buyers should assess financing options given the lease length and listed status and factor in potential flood and heritage-related costs.
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