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1 bedroom property for sale

Piercebridge , Darlington, Co. Durham

£60,000

Property Description

Key features

  • Room
  • 1 Bedrooms
  • Tenure:
  • Furnished
  • Parking
  • Garden

Full description

A superb investment opportunity in a beautiful part of the country. The George offers a 5 year fixed return via the purchase of a hotel room asset in this charming 18th century coaching inn.
It's popular restaurant, well-established guest list and much loved wedding venue makes this successful business an exciting, low-maintenance investment proposition.

Key points:
- Hands-off investment
- Managed by Hotel Asset Management specialists Michels & Taylor Ltd
- 8% net rental return per year
- 115% buyback at the end of year 5
- Income paid monthly
- Zero ownership fees

More information from this agent

Listing History

Added on Rightmove:
18 August 2016

Map & Street View

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