Eagle

Rothbury Road
Middlesbrough
North Yorkshire
TS3

Gross Site Area: 13477 sq/ft*
 

£ 50,000

Leasehold

Lease length: Short leasehold until 2057 @ £4,700 pa

ALL OFFERS INVITED - Short Leasehold public house for sale subject to an occupational tenancy until August 2014 @ a current rent of £10,200. Short Leasehold until 2057 @ £4,700 pa. In addition the purchaser will have the benefit of substantial additional income from beer sales.

Unconditional offers are invited for our clients unencumbered interest.

The property represents excellent value for continued licensed use / owner occupation.

There is also enormous potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents.

The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes).

Rateable Value: £3,600

* All measurements approximate as measured from Promap.
Whilist supplied in good faith, purchasers must satisfy themselves as to the accuracy.