Hamire Rd - Hospitality FOR SALE


Barnard Castle, DUR DL12 8QJ
$625,000 USD
Hamire Rd, Barnard Castle, DUR for Sale
$625,000 USD
Hospitality - FOR SALE
1/4
null | 7.55% Cap Rate

Hamire Rd
Barnard Castle, DUR DL12 8QJ


HIGHLIGHTS

  • Public transport access
  • Signage
  • Beer garden

OVERVIEW

The entire property is let to Buckley Taverns Limited on a 20 year lease from 4 March 2022 at a current rent of £49,565 per annum which is subject to five yearly open market reviews and annual uncapped RPI increases (except in the open market review year). A rent deposit of £11,861 is held by the landlord.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$192 USD /SF

# OF ROOMS

8

PRICE/ROOM

$78,125 {currency}

CAP RATE

7.55%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Well Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1800

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,238 SF

ZONING

-

APN/PARCEL ID

DU230836,DU388156

ASK ABOUT THIS PROPERTY

Jeff WraithSavillsMore Info

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Jeff WraithSavillsMore Info

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