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Crosby Hotel Thornton Le Beans 2 Room Bed and Breakfast Northallerton DL6 3SW £550,000 (£275,000/Room)
INVESTMENT HIGHLIGHTS
- Freehold tied public house investment
- The rent is subject to five yearly upwards and downwards open market rent reviews
- Entire property is let on a tied tenancy to a private individual
EXECUTIVE SUMMARY
The property is held freehold (Title Number NYK121936). The entire property is let to a private individual on a 10 year lease from 24 September 2020. The current rent is subject to five yearly upwards and downwards open market rent reviews. In addition the tenant has an obligation to purchase beer, cider and flavoured alcoholic beverages from the landlord.
PROPERTY FACTS
| Price | £550,000 | Total Plot Size | 0.94 ac |
| Price Per Room | £275,000 | Property Size | 6,635 sq ft |
| Sale Type | Investment | No. Rooms | 2 |
| Tenure | Freehold | No. Floors | 2 |
| Property Type | Hospitality | Year Built | 1920 |
| Property Subtype | Bed and Breakfast | Parking Allocation | 7/1,000 sq ft |
| Costar Property Class | B | Corridor | Interior |
| Price | £550,000 |
| Price Per Room | £275,000 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Costar Property Class | B |
| Total Plot Size | 0.94 ac |
| Property Size | 6,635 sq ft |
| No. Rooms | 2 |
| No. Floors | 2 |
| Year Built | 1920 |
| Parking Allocation | 7/1,000 sq ft |
| Corridor | Interior |
AMENITIES
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wi-Fi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Guest Room | 2 | £108.00 | - |
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Crosby Hotel | Thornton Le Beans
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