Sale of Walkabout, 40 Corn Street, Bristol
July 5, 2019
Coffer Corporate Leisure has advised a private client on the freehold disposal of 40 Corn Street, Bristol.
The property comprises a public house and late night venue totalling c.30,000 sq ft which is let to Stonegate Pub Company with 27 years unexpired.
The property was sold off-market for c.£3,150,000 reflecting a Net Initial Yield of c.5.4%.
Coffer Corporate Leisure acted for the vendor, a private client. ADS Real Estate acted on behalf of the purchaser, a private individual.