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Milburn Arms Hotel In Rosedale Abbey Pickering North Yorkshire For Sale

Pickering, North Yorkshire
  • £50,000

Sales revenue:
Available on request
Cash flow:
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Situated in the renowned village of Rosedale Abbey within the ever popular "Heartbeat" countryside, featured in the well known series of that name. With an excellent reputation stretching back for many years and well known for its intimate surroundings, being ideally suited to an operation by a family, whilst having the country house hotel atmosphere. Comprising 11 letting rooms each with en-suite, 20 cover Dining Room, large Lounge Bar with servery, Snug, rear Lounge, upper Lounge Area, two bedroomed Private Living Quarters, together with 6 Staff Bedrooms.



Property:
Leasehold
Lease terms:
The property is available to let by way of a new lease. This is to be a minimum of 10 years, longer by negotiation in multiples of 5 years, and on full repairing and insuring terms. The initial commencing rent will be £50,000 per annum, subject to agreement on a programme of refurbishment, and the tenant's business plan. A rent bond the equivalent of one quarters rent will be required to be lodged with the Landlord. The lease will be free of tie in respect of wet products.
Leasehold rent:
£50,000 per annum
Living accommodation:
Two Bedroomed Private Living Quarters together with 6 Staff Bedrooms.
Location:
Situated in the renowned village of Rosedale Abbey which sits within the North York Moors National Park.

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