• 3 ground floor units and 3 luxury flats.
• Located in the heart of the village centre.
• Fully let on FRI terms.
• Current rental income £47,800 per annum.
• Designated parking for flats.
• FREEHOLD £675,000 + VAT proportion.
- Asking Price:
- £675,000 Furniture / Fixtures included
- Turnover:
- £47,800
- Net Profit:
- £47,800
Property Information
- Property:
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Freehold
- Location:
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This is an investment property comprising three separate retail elements with three modern two bedroom flats above. The property has dual frontage onto Dean Terrace and Lane Head in the heart of the village centre.
The property previously traded as Ryton Hotel before being converted to a high standard in 2020.
- Premises Details:
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This is an investment property comprising three separate retail elements with three modern two bedroom flats above. The property has dual frontage onto Dean Terrace and Lane Head in the heart of the village centre.
The property previously traded as Ryton Hotel before being converted to a high standard in 2020.
Residential Accommodation1 Lane Head Apartments (circa 69 sq.m.).
Comprises a luxury 2 bed flat.2 Lane Head Apartments (circa 75 sq.m.).
Comprises a luxury 2 bed flat.3 Lane Head Apartments (circa 65 sq.m.).
Comprises a luxury 2 bed flat.
ExternalCar Park 1 designated space per flat
