The freeholds of two pubs held on long leases by regional brewers Adnams and Hall & Woodhouse are up for sale at an Acuitus auction in London on Thursday 26 May.
Suffolk-based Adnams holds the lease on the Star Inn at Thaxted, Essex, until 2025. It produces a rental income of £25,000 per year and has a guide price of £325,000, which would represent a yield of nearly 8%. The country pub has parking for up to 10 vehicles and a beer garden described as “substantial”.
The Ship & Shovell in London’s West End, let to Dorset-based Hall & Woodhouse until 2028, produces annual rental income of £43,500pa and has a guide price of £875,000-£900,000, reflecting a potential yield of around 4.9%.
Both pubs are owned by private landlords.
Acuitus auctioneer Richard Auterac said: “These assets are in very different locations but pubs remain very popular with investors and we are expecting substantial interest in both”.
The auction is to take place at 2pm on May 26 at the Millennium Hotel, Grosvenor Square, London W1. More details are available from www.acuitus.co.uk.
