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The Mail Coach, 14 Wellgate

For sale: £410,000.00|0.1 Acre|Pubs/Bars/Clubs, Licensed & Leisure


FOR SALE£410,000.00
SIZE0.1 Acre
ADDRESSThe Mail Coach, 14 Wellgate, Rotherham, S60 2LR
TYPEPubs/Bars/Clubs, Licensed & Leisure
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON8th September 2020


Key Points

  • Freehold Public House Investment
  • Let to E Naylor, T J Naylor & A E Naylor
  • Current rent £51,000 per annum
  • Let on a lease until 2021
  • Business unaffected by sale
  • Site area of approximately 0.1 acres
  • We are seeking offers in excess of £410,000 (12.44% Gross Initial Yield)
  • Summary

    Freehold Public House Investment


    The Property comprises a two storey mid terraced public house of brick elevations, rendered, set beneath a pitched slate covered roof. To the rear is an enclosed beer patio and outbuilding used for storage.


    All viewings must be arranged strictly by appointment with the sole selling agents Savills.


    The Property is located in the town of Rotherham, South Yorkshire. Rotherham is situated upon the River Don, served by the M1 motorway. The Mail Coach is situated in Rotherham town centre, on the edge of the main commercial and retail area. The immediate locality provides secondary retailers and other licensed venues.


    We are instructed to invite offers in excess of £410,000 (12.44% Gross Initial Yield). The business will continue to trade unaffected from the premises during the marketing of the Property and post completion of the sale.


    Traditional ground floor trading accommodation with public bar, lounge and games room over split levels. First floor two bed living accommodation. Beer cellar to the basement.


    Our enquiries of the local authority have revealed that the Property is not listed and is within a Conservation Area.


    It is envisaged that the Property will be sold as a TOGC so the transaction should therefore be exempt from VAT.


    Location: The Mail Coach, 14 Wellgate, Rotherham, S60 2LR

    Rotherham Central (0.3 miles)

    Meadowhall (2.5 miles)

    Darnall (3.9 miles)

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