02-08-2025
Grade II listed town centre restaurant put up for sale
A Grade II listed restaurant in an Oxfordshire town centre has been put up for sale.
Pizza Express in St. Marys Street, Wallingford, is on the market for a guide price of £375,000.
The property, which is being marketed by Prideview Group, is situated within the town centre on the west side of St Mary's Street, opposite St Mary-le-More Church.
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Arranged over two floors, the property has a ground floor restaurant and a self-contained flat above.
It also benefits from a terrace at the back which provides additional covers for the restaurant
The listing on Zoopla states that the ground floor is let to Pizza Express on a lease for a term of 25 years from March 2003.
Pizza Express 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.
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The restaurant in Wallingford has a TripAdvisor score of 3.4 based on 164 reviews and remains open, according to Google.
The Zoopla listing adds that the first floor flat is sold-off and let for a term of 125 years from 2003 with a rent of £200 p.a, with the ground rent doubling every 25th anniversary.
The total rental income for the property is £34,200 per year.
