Commercial · For sale

The Watermill, Ogmore-by-Sea – Long Let Freehold Public House Investment

Ogmore Road, Ogmore-by-Sea, Bridgend, Ogmore-by-Sea, Vale of Glamorgan, CF32 0QP

Offers over £950,000

Tenure

Freehold

Added

18 Oct 2026

About this property

Let to Marston's PLC; Lease expiry 5 April 2046.

The property comprises the ground, first, and part of the second floors of a three-storey detached building with brick and stone elevations beneath a pitched tiled and part flat roof. There is a single-storey extension to the side and rear. The property has an approximate site area of 0.861 of an acre.

Key points: - Freehold public house investment. - Entire property let to Marston's PLC, which owns and operates 1,328 pubs. - Arranged over two levels extending to 5,526 sq ft. - Passing rent of £81,149 pa. - Lease expires 5 April 2046 with a tenant break on 5 April 2036. - 5-yearly CPI-linked reviews (1% collar, 3% cap); next review 5 April 2031. - Offers in excess of £950,000 (£172 per sq ft), reflecting a NIY of 8.08%. - Business unaffected by sale.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

• Passing Rent: £81.1k pa
• Net Initial Yield: 8.08%
• Tenure: Freehold