Property Details

- Landmark Freehouse Restaurant, Campsite & Letting Rooms - Let For 7 Years From March 2022 - Passing Rent £45,000, With Rpi Linked Rent Review In March 2025 - Net Initial Yield Of 9.57% Based On The Asking Price, With Estimated Reversionary Yield Of Circa 11.6% From March 2025 - Additional Rent Review Mechanism Effective On Completion Of Defined Landlord's Works. Potential To Also Agree A Rental Uplift On Completion Of Additional Landlord's Works To Letting Rooms - Spacious Outdoor Seating In Front And Rear Garden Areas, With Parking Available For 40+ Cars - Campsite Of Circa 1 Acre, With 8 Electric Hook-ups - Total Site Area Circa Of 1.5 Acres, Offering Development Potential, Subject To Obtaining Necessary Consents - Three En-suite Letting Rooms Within The Main Building (currently Partially Refurbished & Near Completion) - Planning Consent Granted In 2018 For Extension That Would Deliver 8 En-suite Letting Rooms, 2 Self-catering Units, And Restaurant Extension (works Not Undertaken) - Staff Apartment Containing Two Bedrooms, Living Room And Kitchen