Sale of Turing Tap, Manchester – long-let pub investment

October 13, 2021

Coffer Corporate Leisure has advised a private client on the sale of this freehold public house investment trading as Turing Tap.

The property is single let to Stonegate Pub Company, the UK’s largest operator in the sector.

The price £1,250,000 reflected a net initial yield of 5.45%.

Coffer Corporate acted on behalf of the vendor, a private client. AG&G acted on behalf of the purchaser.