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Cherry Tree Inn Dale Hill 2,254 sq ft 100% Let Retail Property Ticehurst TN5 7DG £365,000 (£161.93/sq ft) 8.96% Net Initial Yield
EXECUTIVE SUMMARY
An attractive detached two storey public house with part brick painted, part hung tile elevations under a pitched tiled roof with single storey extensions to extend the trading area. The site also includes a decked patio area, trade garden with rustic picnic tables and two customer car parks. One of the car parks is below the property and the decked patio and the other is to north of the site with access to the letting accommodation. The main entrance is to the front of the property and leads through an entrance lobby into the main bar area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
2,254 sq ft
Costar Property Class
B
Year Built
1990
Price
£365,000
Price per sq ft
£161.93
Yield
8.96%
NOI
£32,704
Occupancy Rate
100%
Number of Floors
2
Plot ratio
0.11
Total Plot Size
0.49 ac
Frontage
70 ft on Dale Hill
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Cherry Tree Inn | Dale Hill
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