The Queen Of The Loch, Old Luss Road The Queen Of The Loch, Old Luss Road, Balloch, G83 8QW

Key Features

• Well located pub and associated 27 room lodge hotel built in 2015.

• Both let to Marston’s Estates Limited guaranteed by Marston’s PLC, a 5A1 D&B rated covenant.

• Heritable interest.

• Leases until 10 June 2050 – therefore over 25 years term certain.

• Current total passing rent of £299,127.01 per annum (Pub £195,082.83 and Lodge £104,044.18).

• Annual reviews to RPI with 1% collar and 4% cap. Next review due in June 2025.

• We are instructed to seek offers in excess of £3,625,000 (Three Million Six Hundred & Twenty Five Thousand Pounds) exclusive of VAT reflecting 7.75% net initial yield.

• By 2050, at the 1% annual collar, the yield will have increased to 10.04% and, at the 4% annual cap, to 21.49%.