West Burton Shop & Tearoom, West Burton
Leyburn, North Yorkshire - DL8 4JL

From: £100000


  • Sold STC Photo 01
  • Sold STC Photo 02
  • Sold STC Photo 03

Full Details

• Guide Price £100,000-£120,000
West Burton Shop & Tearoom enjoys a prominent position overlooking the Village Green in this popular village in the Yorkshire Dales National Park. West Burton is one of the most sought after villages in the Dale, situated between the market towns of Hawes and Leyburn. It has a beautiful protected village green, notable waterfalls and is surrounded by stunning hills and dales. It is an active community, retaining a primary school, village hall, shop and tearoom, butchers and a number of small businesses. As well as having a loyal local clientele, West Burton is a popular tourist destination for day visitors. There are holiday cottages, caravan parks & Westholme luxury lodges nearby resulting in additional seasonal income. Our clients are selling the overall ground floor leasehold property, which has 974 years to run on a peppercorn rent. The current shop tenants have been running an excellent business for the last 2 years, which includes an attractive shop and tearoom, as well as a small preparation kitchen & customer WC and washroom. The shop is well equipped with quality fixtures and fittings, shelving and display fridges. In addition to everyday essentials, the shop stocks a wide range of local produce, as well as food & non-food gift items and is also an off licence & newsagents. There is a galley kitchen for preparation as well as a customer WC. The tearoom enjoys the benefit of full windows with views over the village green, giving a light and contemporary feel. It has solid oak tables and chairs as well as shelving and counter with coffee machine. The tearoom doubles as a gallery space and offers gift and craft sales opportunities. There are over 2.5 years of the lease remaining with a rent of £6,910 per year, which has been held at this rate due to Covid. There is an option to raise rent in line with the Rental Price Index and Inflation. The likely rent at the end of the lease is projected to be around £8,000 per year. Tenants may wish to renew, or new owners could let to new tenants or run the property themselves.Viewing is essential to appreciate the rare opportunity to own an attractive investment property in the heart of the Dales.

Description

  • Guide Price £100,000-£120,000
  • Leasehold of Ground Floor Investment Property
  • Thriving Shop & Tearoom In Beautiful Dales Village
  • Attractive Tearoom Overlooking Village Green
  • Preparation Kitchen. WC
  • 2.5 Year Lease Remaining
  • Excellent Tenants
  • Rental Income £6-8,000 Per Year
  • 974 Year Lease

FREE VALUATION

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Get in touch with our Leyburn Office:

Tel: 01969 622936

Email: enquiries@jrhopper.com


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