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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