Description:
This is an attractive retail investment situated within the market place of
this popular market town. The property briefly comprises of a
50+ cover licensed restaurant with three flats above. The accommodation
above the retail premises is let to the Yorkshire Housing Association
on a 30 year lease. The current total rent income is £18,500
per annum.
Details;-
Property address: Ryedale House 3 Market Place Pickering YO18 7AA
Auctioneer name: Hunters
Auction date: 24th February 2010
Auction venue: York Racecourse, Gimcrack Suite, YO23 1EX commencing at 6pm
Lot number / property reference
no: 7
Guide price: £180,000
Auctioneer website: Hunters
Need more information?
Click
here for: Hunters, Catalogue 24th Feb 2010: showing all properties
for this auction
Accommodation:
GROUND FLOOR
Retail premises trading as licensed restaurant. A 15 year lease with current
rental of £15,000 per annum
FIRST FLOOR
Yorkshire Community Housing Association tenants with 30 year
lease which commenced in 2001. The current rental is £3,500
per annum
Flat 1 Lounge kitchen Bedroom and bathroom
Flat 2 Lounge Kitchen Bedroom and bathroom
SECOND FLOOR
Flat 3 Lounge Kitchen bedroom and bathroom
Auctioneer phone/viewing
info: Contact
the auctioneers – Hunters: 01904 621026
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