The Wagtail, Lawrence Hill, Wincanton, Somerset, BA9 8AB

The Wagtail, Lawrence Hill, Wincanton, Somerset, BA9 8AB

£1,400,000
Commercial
Withdrawn
About this Property
24 September 2024
Withdrawn
£1,400,000
Traditional
Commercial
Description

Freehold Public House Investment located at The Wagtail, Lawrence Hill, Wincanton, Somerset, BA9 8AB. This commercial property is entirely let to Marston's PLC until 2053, with approximately 29 years remaining on the lease and no breaks. The lease features annually compounded rent with 5-yearly reviews tied to RPI, with a collar of 1% and a cap of 4%, with the next rental uplift scheduled for 2028. The property comprises a modern public house of 7,620 sqft on a prominent site of approximately 0.372 ha (0.92 acres) and is situated in a roadside position near occupiers such as McDonald's, Travelodge, Morrisons, Lidl

Location
Map location for The Wagtail, Lawrence Hill, Wincanton, Somerset, BA9 8AB
More Information
Freehold
Planning Authority
South Somerset LPA
Address History
25 Jun 2025Sold£1,550,000

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