£185,000
Property for saleArden House, Percy Road, Shilbottle, Northumberland NE66
Just added
Freehold
About this property
Mixed use investment
Hot food takeaway with ancillary living accommodation
Rental Income £16948 per annum
15 year lease from 18th August 2020
Net internal area 158 sq. M. (1704 sq. Ft.)
Prominent position on Percy Road Shilbottle village
Rear garden and parking for up to five vehicles
Investment provides a yield of 9.16 %
Property for sale. Mixed use investment. Rental income of £16,948 per annum. Generating a yield of 9.16% on the asking price.
Tenanted hot food takeaway with with ancillary living accommodation on prominent position. 15 year lease in place (from August 2020). Net internal area 158 sq.m. (1,704 sq.ft.). Rear garden and parking (for up to five vehicles).
EPC: C/D
Price £185.000
Ref I297
Location
The property is prominently situated on Percy Road, within the heart of the desirable village of Shilbottle, Northumberland. Shilbottle benefits from a wide range of local amenities including a convenience store, public house, restaurant, post office, pharmacy, primary school, community centre, and a modern leisure complex.
The village lies approximately 3 miles south of the historic market town of Alnwick, providing further retail, educational, and cultural facilities. Excellent transport connectivity is afforded via the A1, located just 2 miles to the west, offering direct links throughout the North East region and beyond.
Description
The investment consists a detached two storey property with pitched roof consisting hot food takeaway on the ground floor with ancillary living accommodation on the first floor. The property has a garden to the rear and parking for 5 vehicles to the front.
Floor Area
158 sq. M. (1,704 sq. Ft.)
Rental Income
£16,948 per annum
Tenant / Lease
Star Pizza – Lease commencement date 18th August 2020 and ending 2035.
Yield
9.16 %
Tenure
Freehold
Price
£185,000
Viewing
Strictly by appointment through this office.
Rateable Value
The 2026 Rating List entry is Rateable Value £6,400
As the rv is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.
Council Tax
Band A
Tenanted hot food takeaway with with ancillary living accommodation on prominent position. 15 year lease in place (from August 2020). Net internal area 158 sq.m. (1,704 sq.ft.). Rear garden and parking (for up to five vehicles).
EPC: C/D
Price £185.000
Ref I297
Location
The property is prominently situated on Percy Road, within the heart of the desirable village of Shilbottle, Northumberland. Shilbottle benefits from a wide range of local amenities including a convenience store, public house, restaurant, post office, pharmacy, primary school, community centre, and a modern leisure complex.
The village lies approximately 3 miles south of the historic market town of Alnwick, providing further retail, educational, and cultural facilities. Excellent transport connectivity is afforded via the A1, located just 2 miles to the west, offering direct links throughout the North East region and beyond.
Description
The investment consists a detached two storey property with pitched roof consisting hot food takeaway on the ground floor with ancillary living accommodation on the first floor. The property has a garden to the rear and parking for 5 vehicles to the front.
Floor Area
158 sq. M. (1,704 sq. Ft.)
Rental Income
£16,948 per annum
Tenant / Lease
Star Pizza – Lease commencement date 18th August 2020 and ending 2035.
Yield
9.16 %
Tenure
Freehold
Price
£185,000
Viewing
Strictly by appointment through this office.
Rateable Value
The 2026 Rating List entry is Rateable Value £6,400
As the rv is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.
Council Tax
Band A
Mortgage calculator
Monthly repayment
£925 per month
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