Property agents Bond Wolfe have brokered the sale of The Flying Standard, now a Wetherspoon pub, in Trinity Street, Coventry, to a private investor for £3.225 million.
The Flying Standard is an attractive, medieval-style property containing a large public house on ground and first floors with two self-contained apartments on the second floor.
The property offers 12,170 sq ft plus a roof terrace of 685 sq ft and is occupied by Wetherspoon.
Bond Wolfe managing partner James Mattin said: “City centre freehold properties rarely come to the market, and so we were delighted to work with the purchaser and advisers Coffer Corporate Leisure on the acquisition.”
The property sits at the heart of the city centre, occupying a prominent corner position opposite New Buildings, by the pedestrian entrance to the Cathedral Quarter which contains many of Coventry’s most popular tourist attractions including Coventry Cathedral, St Mary’s Guildhall and Holy Trinity Church.
It is also well placed for the city’s central shopping quarter, opposite Primark and West Orchard Shopping Centre.
The building derives its name from the fondly-remembered motor car, part of a range of models made in Coventry from 1903 until the 1960s. The Flying Standard models made their debut in 1936.
The seller was represented by VKM Solicitors in Wolverhampton and the purchaser was advised by McLellans Solicitors in Hertford.