£895,000

Leisure/hospitality for sale

  1.  Farndon Ferry.Jpg
  2.  Photo20240409114357.Jpg
  3.  Photo20240409114357 2.Jpg
Freehold

Offers in region of

£895,000

(£290.87/sq. ft)

Leisure/hospitality for sale

Farndon Ferry/Boathouse, Riverside, North End, Newark NG24

3,077 sq. ft

Local area information

Property location

Nearby amenities

  • St Peter's Crosskeys CofE Academy 0.3 miles
  • Manners Sutton Primary School 1.6 miles
  • Rolleston 1.9 miles
  • Newark Castle 2.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Key Points

  • Rental income £70,799 per annum
  • Ground floor restaurant
  • 2 Bedroom bungalow for managers
  • 285 Sqm / 3077 Sq ft
  • Lease expires 10th Oct 27

  • Description

    The property and business has been tenanted and run by the same team for many years. The freehold owners have decided to sell the investment due to relocation purposes. The passing rent is £70,799 per annum and the lease expires 10th October 2027.
    The tenant is free from any ties to breweries and are responsible for fully maintaining the buildings and paying all utilities and relevant insurances.
    The lease is within the landlord and tenant act, with the next rent review due October 2027.

    Location

    The Farndon Ferry/Boathouse is located on the River Trent and comes complete with 2 moorings.
    Farndon is a small village in Newark and Sherwood district of Nottinghamshire. It lies along the historic Fosse road on the banks of the River Trent and is 3 miles (4 km) south-west of Newark-on-Trent. With good road networks leading to the A46, giving access to Nottingham via the A52, Newark and Lincoln via the A46, The A1 motorway North to South with Doncaster, Sheffield, Grantham, Peterborough all within 1 hour away.

    Viewings

    Viewing is strictly by prior appointment with the agents P & F Commercial Tel: Or

    Terms

    Offer For sale freehold subject the the current tenant.

    More information

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    1. Zoopla
    2. Commercial for sale
    3. Nottinghamshire
    4. Newark
    5. Farndon
    6. North End

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