The George, 2-8 High Street Staines Middlesex TW18 4EE

The George, 2-8 High Street
Staines
Middlesex
TW18 4EE

Freehold Public House Investment

Let to J D Wetherspoon plc until June 2031 (no breaks)
Next Rent Review June 2016
Approximately 676.43 sq m (7,281 sq ft)
Prominent town centre location fronting Two Rivers Retail Park
Close to Elmsleigh Shopping Centre, Debenhams, Sports Direct and WH Smith
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
14
Auction
10th December 2015
Rent
£132,500 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Public House Investment

Let to J D Wetherspoon plc until June 2031 (no breaks)
Next Rent Review June 2016
Approximately 676.43 sq m (7,281 sq ft)
Prominent town centre location fronting Two Rivers Retail Park
Close to Elmsleigh Shopping Centre, Debenhams, Sports Direct and WH Smith
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 14
Auction 10th December 2015
Rent £132,500 per Annum Exclusive
Status Sold Post
Price
Sector
Public House
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 6 miles south-east of Windsor, 19 miles west of Central London, 21 miles north-east of Guildford
Roads: A30, M3, M4, M25
Rail: Staines Railway Station
Air: London Heathrow Airport

Situation

The property is prominently situated on the north side of the High Street, at its western end, opposite Thames Street. The property benefits from close proximity to both Two Rivers Retail Park and Elmsleigh Shopping Centre, with other nearby occupiers include Debenhams, WH Smith, New Look, River Island, Monsoon, Pizza Express and Dorothy Perkins.

Tenure

Freehold.

Location

Miles: 6 miles south-east of Windsor, 19 miles west of Central London, 21 miles north-east of Guildford
Roads: A30, M3, M4, M25
Rail: Staines Railway Station
Air: London Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises a double-fronted public house with accommodation over basement, ground and first floors. Both the ground and part first floors provide bar/restaurant accommodation with ancillary space at basement level. In addition the property benefits from a terrace and access to the rear.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground/ Basement/First	Public House/ Ancillary	676.43 sq m	(7,281 sq ft)	JD WETHERSPOON PLC (1)	35 years from 24/06/1996 until 23/06/2031	£132,500	24/06/2016 and five yearly thereafter
Totals		676.43 sq m	(7,281 sq ft)			£132,500

(1) For the year ending 27th July 2014, JD Wetherspoon plc reported a turnover of £1,409,333,000 and pre-tax profits of £78,365,000 and a total net worth of £200,330,000. (Source: Experian Group: 06/11/2015)