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£550,000

Property for sale
Investment Property HG3, Pateley Bridge, North Yorkshire

    • 8 beds

Business
Freehold
Added on 02/09/2020

About this property

  • Seven Letting Rooms plus Owners Accommodation

  • Much Sought After Area in North Yorkshire

  • Substantial Freehold Property

  • Held on a 10 Year Lease from 2022

  • Annual Rental Income £25,000

Freehold investment property in Pateley Bridge for Sale.

A truly outstanding opportunity for property investors looking to acquire a substantial property trading as a stunning tea rooms and seven letting bedroom bed and breakfast. The property also offers an owners en-suite bedroom. The concern is situated in the much sought after area of Pateley Bridge which attracts thousands of visitors, tourists, walkers and cyclists to the area. The property has an annual rental return of £25,000 and is held on a 10 year lease from 2022.
Reception leading to the tea room and servery with its lovely display of cakes and coffee station. Second tea room which is again tastefully furnished. Well fitted commercial kitchen, further kitchen / preparation room. Toilet and wash hand basin. Owners en-suite bedroom with shower, toilet and wash hand basin. First floor there are four en-suite bedrooms. Second floor there are three letting bedrooms which are again all en-suite. Three of the rooms can be double or twins. Linen cupboard, store. The premises enjoy the benefit of a gas central heating system. To the rear of the premises is a very large paved tea garden that can easily seat up to 50 people comfortably.
EPC Band D.

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Monthly repayment

£2,751 per month

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