Leisure facility for sale

Farndon Ferry/Boathouse, Riverside, North End, Newark, NG24 3SX

01664 518223

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Leisure facility

0 bed

0 bath

3,077 sq ft / 286 sq m

Property description & features

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

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.

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.

Viewing is strictly by prior appointment with the agents P & F Commercial [use Contact Agent Button] or [use Contact Agent Button]

Offer For sale freehold subject the the current tenant.

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P & F Commercial - Oakham

18 Midland Co, Station Approach Oakham, Rutland LE15 6RA

01664 518223

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P&F Commercial is a well-established Commercial Estate Agency business operating across the EastMidlands. Centrally located in Rutland, with the major Cities of Leicester, Nottingham, Peterboroughand Northampton all within 40 miles, P&F Commercial are perfectly located to handle all types ofCommercial property including Shops, Offices, Industrial Units, Post Offices and any other generalInvestment/property businesses. With over 40 years combined experience in the property business, P&F Commercial has a wealth ofspecific knowledge in the sector. P&F Commercial do not just deal in vacant property but can assistbuyers and sellers in the transfer of operating businesses and are perfectly placed to assist start up’sand SME’s in the acquisition, lease or sale of the premises essential to making the enterprise asuccess. We understand that buying, selling or leasing property can be a stressful time and we are more thanhappy to handle the transaction discreetly with or without formal open market promotion and wecan arrange meetings and viewings outside office or working hours as necessary. We can handle any property from the lease of the smallest shop or office unit to multi-million poundfreeholds and we take pride in the way we can market our client’s properties using selected InternetPortals, our own website at www.pandfcommercial.com and our extensive database. We are always happy have an open chat about the services we can offer so please give us a call to discuss your requirements.

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