Freehold pub investment with immediate income, large site and strong roadside presence..
Let to single tenant producing £52,187 pa with five-year open market reviews
Lease expires September 2045 (c.20 years remaining) — lender caution likely
Large site c.0.51 acres; beer garden seats 48 and 46-space car park
Extensive trading area: seating for c.124 indoors plus ancillary kitchens
Fixtures and fittings owned by tenant — limited landlord control over interiors
Annual uncapped RPI increases on rent (except in review years)
EPC rating C-56; property located in Barlborough Conservation Area
Offers invited in excess of £450,000 (circa 11.1% NIY)
A rare freehold pub investment on Barlborough High Street, the Royal Oak offers immediate income from a single occupational tenant and a substantial site of about 0.51 acres. The building provides extensive trading accommodation across ground, basement and upper floors, with both indoor seating and a sizable beer garden plus a 46-space car park—features that support wet-led trading and drive footfall from the local residential catchment and passing M1 traffic.
The property is let in full to The Pebley Restaurant Limited on a lease running to September 2045, producing a current passing rent of £52,187 per annum with five-year open market reviews and uncapped annual RPI increases. Fixtures and fittings are owned by the tenant; a rent deposit is held. The sale is marketed as a freehold investment with offers invited in excess of £450,000 (circa 11.1% NIY) and is expected to be treated as a TOGC for VAT purposes.
Notable practical points are clear: the lease length (c.20 years remaining) may limit mortgage lending options and restrict some purchasers to cash or specialist lenders. The property sits within Barlborough Conservation Area and has an EPC rating of C-56. Prospective buyers should also note that tenant-held fixtures mean limited immediate control over internal fit-out without negotiation.
This opportunity suits investors seeking a rural/high-street hospitality asset with immediate income, significant on-site parking and outside trading. Inspect with tenancy documents and recent accounts to assess income security, rent review prospects and any future capital expenditure linked to the conservation setting.
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