High Yielding Half Share Investment in Freehold Property
Current Rent Passing £18,132 per annum
EPC Rating E-118
Unit 40d, Longford Road, Bridgtown
Offers around £95,000 for the Half share of the freehold, subject to the lease in place
3,830 sq ft (356 sq m)
The property comprises a semi-detached industrial unit with single storey office to the front and small rear yard, all built around 1975. Andrew Dixon & Company have been instructed to sell a half share interest in the Freehold of the property which is currently tenanted and held as an investment. We understand that the current lease is from 16th October, 2017 for 5 years with no rent review on a full repairing and insuring basis at £18,132 per annum.
Featherstone Farm Hotel, Kings Repose Indian Restaurant & Potential Development Land STP, Featherstone
Offers in the Region £1,400,000
The investment consists of Featherstone Farm Hotel which is a converted 3 storey building with 9 bedrooms, kitchen, lounge and entrance lobby. The building was built at the turn of the 20th Century and there is an adjoining 2 bedroom flat for staff. There is a substantial garden to the rear of the property of approximately 1,350 sq m. The Hotel also benefits from 5 letting cottages of 2 bedrooms each. The Kings Repose Restaurant is a 2 storey building which is Grade II listed and provides approximately 48 covers over 2 floors and benefits from a car park for approximately 20 cars. Potential Development Land STP. To the rear of the restaurant car park is a landscaped area of approximately 0.37 of an acre which may be suitable for development subject to the appropriate Planning Permissions. The total site area is approximately 1.45 acres.