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Just added
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From
£375,000
Restaurant for sale
St. Marys Street, Wallingford OX10Local area information
Property location
Nearby amenities
- St John's Primary School 0.2 miles
- Wallingford School 0.4 miles
- Cholsey 2.4 miles
- Didcot Parkway 5.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Wallingford to find out more about the local area.
Features and description
- Freehold Grade II listed Restaurant and Residential Ground Rent Investment
- Restaurant let to Pizza Express on a lease expiring 2028
- Well located in the town centre close to national occupiers
- Restaurant benefits from a rear terrace providing additional covers
- VAT is applicable
- Investment let at £34,200 p.a. (reflecting 9.12% giy on Guide Price)
Strapline
Auction Sale - 02/07/2025
Grade II listed Restaurant and Residential Ground Rent Investment part let to Pizza Express on a lease expiring 2028. Total rents received £34,200 p.a.(reflecting 9.12% giy on Guide Price)
Description
The Grade II listed property is arranged over ground and first floor to provide a ground floor restaurant with a self-contained flat above.
The flat above have been sold off on a long lease
The property benefits from a rear terrace, providing additional covers for the restaurant.
Location
Wallingford is a market town located on the River Thames some 12 miles south of Oxford and 14 miles north of Reading.
The property is located within the town centre on the west side of St Mary's Street, opposite St Mary-le-More Church
Local occupiers include: Boots, Nationwide Building Society and Greggs amongst many others.
Transport
Road - The M40 Motorway is to the north, the M4 Motorway to the south and the A34 to the west.
Tenancy
Ground Floor is let to Pizza Express (Restaurants) Limited for a term of 25 years from March 2003.
D&B Rating - O3
About the tenant;
PizzaExpress is a British multinational pizza restaurant chain founded in 1965 by Peter Boizot.
The company has grown to have over 360 pizzerias in the UK and Ireland, and has also expanded internationally (source: Pizza Express).
Accommodation
Ground Floor Restaurant - 216.40 sq m (2,329 sq ft)
First Floor Flat (Sold off) - 170,00 sq m (1,830 sq ft)
Total - 386.40 sq m (4,159 sq ft)
Please see the below schedule of accommodation and tenancies
Auction Sale - 02/07/2025
Grade II listed Restaurant and Residential Ground Rent Investment part let to Pizza Express on a lease expiring 2028. Total rents received £34,200 p.a.(reflecting 9.12% giy on Guide Price)
Description
The Grade II listed property is arranged over ground and first floor to provide a ground floor restaurant with a self-contained flat above.
The flat above have been sold off on a long lease
The property benefits from a rear terrace, providing additional covers for the restaurant.
Location
Wallingford is a market town located on the River Thames some 12 miles south of Oxford and 14 miles north of Reading.
The property is located within the town centre on the west side of St Mary's Street, opposite St Mary-le-More Church
Local occupiers include: Boots, Nationwide Building Society and Greggs amongst many others.
Transport
Road - The M40 Motorway is to the north, the M4 Motorway to the south and the A34 to the west.
Tenancy
Ground Floor is let to Pizza Express (Restaurants) Limited for a term of 25 years from March 2003.
D&B Rating - O3
About the tenant;
PizzaExpress is a British multinational pizza restaurant chain founded in 1965 by Peter Boizot.
The company has grown to have over 360 pizzerias in the UK and Ireland, and has also expanded internationally (source: Pizza Express).
Accommodation
Ground Floor Restaurant - 216.40 sq m (2,329 sq ft)
First Floor Flat (Sold off) - 170,00 sq m (1,830 sq ft)
Total - 386.40 sq m (4,159 sq ft)
Please see the below schedule of accommodation and tenancies
More information
Listed by
Savills - National Auctions
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