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

October 13, 2021

Coffer Corporate Leisure has advised a private client on the sale of 421-423 Oxford Road – a 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.