Description

A tenanted investment in the heart of Stockton offering a great yield of 12% !

The property which is currently occupied as a licensed pub is held on a 5 year lease signed September 2022 expiring in 2027. Currently achieving £8,000 per annum rental income.

The current tenants did a full fit out of the property and it is excellently decorated, comprised of the main bar, separate male and female wc's and a full size basement cellar .

The ground floor unit is held on a Long Leasehold basis signed in 2003 on a 125 year lease, the current ground rent payable is £520 per annum .

After ground rent is payed this means the rent profit is £7,480, an excellent investment for any buyer.

For Sale - £50,000