Slug & Lettuce, 23-26 High Street, Newport, Isle of Wight PO30 1SS

Slug & Lettuce, 23-26 High Street, Newport, Isle of Wight PO30 1SS

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  • High street leisure investment

  • Let to the Hops Pub Company Limited – part of the Stonegate Pub Company Limited

  • Stonegate Pubs are one of the UK’s largest pub operators with over 660 locations

  • Extensively refurbished in 2018

  • Trading as the national brand ‘Slug & Lettuce’

  • Parent company guarantee from Town and City Pub Group Limited

  • 25 year lease with 7.7 years unexpired

  • Freehold

  • Total rental income of £82,000 per annum

  • Offers in excess of £1,100,000 (STC)

  • Net Initial Yield of 7.04%

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