icons_size_white icons_size
menu

Agent's details

Farndon Ferry/Boathouse, Riverside, NG24

For sale: £895,000.00|3,077 Sq Ft|Other, Leisure Property, Pubs/Bars/Clubs, Restaurants/Cafes, Other Property Types & Opportunities, Licensed & Leisure

Property details

FOR SALE£895,000.00
SIZE3,077 Sq Ft
ADDRESSFarndon Ferry/Boathouse, Riverside, North End, Newark, NG24 3SX
TYPEOther, Leisure Property, Pubs/Bars/Clubs, Restaurants/Cafes, Other Property Types & Opportunities, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON10th May 2024

Description

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
  • Summary

    Investment for sale - Guide price £895,000 - Riverside location

    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:01664 431330 or office@pandfcommercial.com

    Terms

    Offer For sale freehold subject the the current tenant.

    Availability_text

    The accommodation comprises the following areas:
    With 2 main trading areas, the main bar restaurant with views over the the River, and the Restaurant area.
    With catering kitchen and store rooms, ladies and gents w/cs, rear storage yard and access.
    A 2 bedroom bungalow for managers/staff accommodation. Beer and dining patio to the front and car park.

    Location

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

    Rolleston (1.8 miles)

    Fiskerton (2.3 miles)

    Newark Castle (2.4 miles)

    close
    What do you think of our website?
    Complete our survey and
    you could win £1000
    Start here