Investment Property

INVESTMENT PROPERTY in Ossett for Sale.

Substantial freehold property consisting of detached, immaculate four bedroom residence which is currently occupied by our client but which would very easily let to increase the rental income and a large, exceptionally well patronised pool / snooker club which is also the hub of the local community and hosts many functions. The club also offers a spacious four bedroom managers flat. The current rental income of £27,500 per annum, however if the four bedroom detached residence were to be let, the rental income could be circa £38,000 to £40,000 per annum. The club is let to the existing tenant on a nine year, fully repair and insuring lease from 2015 with rent reviews every three years. The property is situated in a densely populated residential area in much sought after Ossett which provides easy access to the motorway network.

Premises briefly comprise:
Entrance leads to main bar with fully fitted bar, DJ Stand and small dance floor area which is primarily used as customer seating area. Commercial kitchen, ladies and gents WC’s. Main pool room with space for ten tables and again a fully fitted bar. Spacious function room with it’s own fully fitted bar, dance floor and ladies and gents WC’s. First floor, self-contained managers flat offering: large landing area which could be used as an office area which would then free up the current office to be used as a fifth bedroom. Fitted kitchen, large lounge, combined bathroom with two toilets, bath and separate shower. Office as previously mentioned, bedroom with en-suite WC. Master bedroom with en-suite shower and WC, third and fourth double bedrooms. Externally: Large customer car park and shed storage. Four bedroomed detached residence offering: games room, with French doors to the patio area and WC off, large lounge with bay window and living flame gas fire, dining area and stunning, fully fitted kitchen which benefits from high quality fixtures. Store / pantry. First floor: second lounge, master bedroom with tiled shower room and WC, three further double bedrooms and immaculate house bathroom which is fully tiled and has an expensive three piece suite with shower over the bath. Externally the property offers two separate garden areas, one of which is a patio garden with two sheds the other being a traditional lawned garden which also offers a patio area with pagoda above. The dwelling benefits from full gas central heating and uPVC double glazing. This detached residence has had no expense spared and really must be seen to be appreciated. This opportunity provides an excellent return which in our opinion could be much improved at the next rent review and improved even further by letting the included, residential dwelling. EPC Band C.