High-yield, income-producing bar with private parking and courtyard patio.
Freehold town-centre pub with RPI-linked rent
A rare freehold town-centre pub investment offered with an index-linked rental income and a long-serving private operator. The property produces £68,573 p.a. with an advertised 12.21% net initial yield (NIY), making it a clear income-focused opportunity for investors seeking immediate cashflow and RPI escalation in a central Retford location.
The building is a prominent three-storey Georgian brick terrace with extensive rear additions, a large trading bar, covered patio bar, courtyard, double garage and private parking for about five cars. Ancillary accommodation is provided above the premises as a residential flat (sources vary on bedroom count); the flat forms part of the let and contributes to the overall income profile.
Buyers should note practical and location considerations. The surrounding area is classified as deprived with very high local crime levels; this may affect operating risk and refinancing. The property dates from before 1900 with solid brick walls assumed to have no cavity insulation, and the EPC is D. While structurally traditional and spacious, the building will likely need ongoing maintenance and possible thermal upgrade works.
This asset suits yield-focused investors or property portfolios looking for an established trading let with RPI rent protection and town-centre exposure. Factor in potential upgrade costs, local market trade risks, and the tenant covenant when assessing total return and exit options.
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