Available
SAITH PORTFOLIO
South Wales
7 QUALITY PUBLIC HOUSE INVESTMENTS
INVESTMENT SUMMARY
A portfolio of 7 leisure investments located in Cardiff, Swansea and Chepstow.
All properties will be let on new 25-year leases, with a tenant only break option in year 15, let to Marston’s Estates Limited guaranteed by Marston’s PLC.
A total passing rent of £310,000 per annum.
The rent will be subject to 5 yearly reviews which will be annually compounded in line with the Consumer Price Index (CPI) subject to a collar of 1% and a cap of 4%.
Freehold.
We are instructed to seek offers in excess of £4,600,000 (Four Million and Six Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 6.21% including purchaser’s costs of 8.49%
